850 W Irvington Rd - Auto Repair FOR SALE


Tucson, AZ 85714- Ward 5
$2,426,000 USD
949-506-2009
850 W Irvington Rd, Tucson, AZ for Sale
$2,426,000 USD
Auto Repair - FOR SALE
1/10
null | 6% Cap Rate

850 W Irvington Rd
Tucson, AZ 85714
Ward 5


HIGHLIGHTS

  • Brand New 15-Year Lease | Franchisee Guaranteed | Annual Rental Increases | Brand New Construction
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • West Irvington Road (46,700 VPD) | Interstate 19 (102,600 VPD) |Tucson Spectrum Mall | Primary Retail Corridor
  • El Con Mall (1,200,000 SF) | The Landing Shopping Center |Growing Urban Area | Pueblo High School (1,640 Students) | Fast Growing Brand
  • Strong Demographics in 5-Mile Trade Area

OVERVIEW

SRS Real Estate Partners-West, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Take 5 Oil Change investment property located in Tucson, Arizona. The tenant, Take 5 Oil Change will sign a brand-new, 15-year lease at the close of escrow with 6 (5-year) option periods to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. Take 5 Oil Change is the fastest growing oil change concept in the U.S. with more than 1,000 locations in 42 states with an additional 300+ sites in the pipeline.

FOR SALE DETAILS

PRICE

$2,426,000 USD

PRICE/SF

$1,687 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change | Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

C-2

APN/PARCEL ID

120-05-2810

ASK ABOUT THIS PROPERTY

Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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