2250 AZ Highway 95 - Auto Repair FOR SALE
Bullhead City, AZ 86442 |
$2,149,000 USD
949-221-1824
2250 AZ Highway 95
Bullhead City, AZ 86442
HIGHLIGHTS
- 6.62% average cap rate/all cash return over the primary lease term
- Absolute triple net lease | Zero landlord responsibilities
- New 15-year lease at Close of escrow with 10% rent increases every 5 years, beginning in year 6
- Guaranty from a High-growth operator | On Track for ±50 locations in this territory by end of 2024
- Outparcel to City Square shopping center (anchored by Smart N Final & Hobby Lobby), the dominant retail center serving the trade area
- Across from planned 300 acre City Center mixed use Development w/ 2,100 res units, retail, hospital, hospitality uses
OVERVIEW
FOR SALE DETAILS
PRICE
$2,149,000 USD
PRICE/SF
$1,494 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Take 5 Oil Change | 15-Yr NNN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Auto Dealership, Freestanding, Service Station
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2022
SPRINKLERS
-
PARKING SPACES
9
LAND DETAILS
LAND ACRES
0.72 AC
LAND SF
31,345 SF
ZONING
Commercial
APN/PARCEL ID
220-51-001G
ASK ABOUT THIS PROPERTY
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949-221-1824
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949-221-1824
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