810 E Greenway Pky - Auto Repair FOR SALE


Phoenix, AZ 85022
$2,100,000 USD
602-478-1525
810 E Greenway Pky, Phoenix, AZ for Sale
$2,100,000 USD
Auto Repair - FOR SALE
1/11
null | 5.5% Cap Rate

810 E Greenway Pky
Phoenix, AZ 85022


HIGHLIGHTS

  • Absolute Triple Net Lease (NNN) - No Landlord Responsibilities
  • Long Standing Tenant
  • Early Renewed Lease for another 5 years
  • Great Passive Opportunity
  • Corporate Guaranty

OVERVIEW

Long standing tenant (Pep Boys) and just early renewed their Option Term for another 5 years. Strong corporate guaranty from the parent Company. Two more 5 year Option Terms with 10% increases each term. Excellent location along a busy arterial in a strong demographic area. Ideal passive investment for an out-of-state investor or a 1031 exchange buyer! PRICE JUST LOWERED BY $100,000!

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$465 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pep Boys

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

C-R

APN/PARCEL ID

214-16-238

ASK ABOUT THIS PROPERTY

Steve SchnitzerSteven J Schnitzer LtdMore Info
602-478-1525

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Steve SchnitzerSteven J Schnitzer LtdMore Info
602-478-1525

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.