Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Auto Repair Shop For Sale Title is generated by Realmo AI

    9970 W Lower Buckeye Rd, Tolleson, AZ 85353

    View on Map
    Claim this Listing
    For Sale
    $3,900,000

    NNN leased auto repair shop with long-term tenant.

    Type:Retail
    Property size:
    7,610 SF
    Lot size:
    1.19 Acres
    Price / SF:
    $512/SF
    Added:
    Apr 1, 2026
    Days on Market:
    64
    Last Refresh:
    Apr 1 at 11:33 am

    Property Features for 9970 W Lower Buckeye Rd

    General Information

    Standard status
    Active
    Size
    7,610 SF
    Lot size
    1.19 Acres
    Property subtype
    Retail

    We can help!

    Listing Contact
    Roger Oser

    Listing agent Roger Oser License #CalDRE #00826289

    Listing office Newmark - San Mateo

    Listing date Apr 1, 2026

    Source Nmrk

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Newmark - San Mateo

    HighLights

    • NNN Lease with ~10 Lease Years Remaining in Primary Term, ideal for investors.
    • Located in the Phoenix MSA with a population exceeding 4.9 million.
    • Strategically positioned adjacent to Pecan Promenade.
    • Strong demographics: Over 76,000 residents within a 3‑mile radius with average household income exceeding $84,000.
    • Tenant: Joe’s Auto, a leading auto repair company in the Valley for 30+ years operating 10 locations across Phoenix.
    • ±7,610 SF building on ±52,129 SF parcel with excellent ingress and egress.

    Overview

    The property is a retail space for sale, currently operating as Joe’s Auto, an auto repair shop with 10 locations across Phoenix. The NNN lease has approximately 10 years remaining in the primary term, with rent increases of 10% after 5 years. The lease structure requires minimal landlord responsibilities, making it suitable for investors seeking passive income. There are two 5-year option periods at fair market value. The property is strategically located adjacent to Pecan Promenade within the Phoenix MSA, which has a population exceeding 4.9 million. The building is approximately 7,610 square feet and sits on a parcel of approximately 52,129 square feet, offering excellent ingress and egress. Nearby retailers include Target, Ross, LA Fitness, Starbucks, and Denny’s. The surrounding area has strong demographics, with over 76,000 residents within a 3-mile radius and an average household income exceeding $84,000 within the same radius.
    Location Intelligence

    Current Use by Public Records

    Sushi MX Tolleson Restaurant Firestone Complete Auto ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Atara Motorsports — 9927 W Hess St, Tolleson, AZ 85353
    • DNA Suspension & Off road — 3205 S 103rd Dr, Tolleson, AZ 85353
    • 360 Auto Concepts — 9911 West Riverside Avenue, Tolleson, AZ 85353
    • Firestone Complete Auto Care — 9970 W Lower Buckeye Rd, Tolleson, AZ 85353
    • Tolleson Auto Glass — 3432 S 98th Ln, Tolleson, AZ 85353

    Location Insight

    • Map
    • Local Demand
    City
    Tolleson
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.2746153
    Latitude
    33.4216391

    Nearby Similar for Sale

    • $3,900,000
      7,610 SF

      Tolleson Auto Repair Shop Investment

      NNN leased auto repair shop with long-term passive income.
      9970 W Lower Buckeye Rd, Tolleson, AZ 85353
      View Details
    • $36,950,000
      98,343 SF

      Regional Shopping Center For Sale

      98,343 SF shopping center at a dominant intersection.
      9897 W McDowell Rd, Tolleson, AZ 85353
      View Details
    • Contact for pricing
      2,650 SF

      Retail Space Near Interstate 10

      Retail space near Interstate 10 and residential growth.
      107th Ave, Tolleson, AZ
      View Details
    • $3,641,000
      1,470 SF

      Freestanding Starbucks with Drive-Thru

      New 15-year corporate guaranteed net lease Starbucks investment property.
      1207 N 91st Ave, Tolleson, AZ
      View Details
    • $3,900,000
      7,610 SF

      Established Auto Repair Business

      Operating auto repair business with multiple locations in Metro-Phoenix.
      9970 W Lower Buckeye Rd, Tolleson, AZ 85353
      View Details
    • Contact for pricing
      52,318 SF

      Industrial Building Available For Lease

      Industrial building available for lease Q1 2024, pre-leasing now.
      83rd Ave & McDowell Rd, Tolleson, AZ
      View Details
    • Contact for pricing
      52,318 SF

      Industrial Building Available Q1 2024

      Industrial building available Q1 2024, pre-leasing now.
      SW 83rd Ave & McDowell Rd, Tolleson, AZ
      View Details
    • Contact for pricing
      322,070 SF

      Tolleson Industrial Property For Sale

      100% leased industrial property with I-10 access.
      7980 W Buckeye Rd, Tolleson, AZ
      View Details

    FAQs

    What type of property is this?
    Auto shop - NNN leased auto repair shop with long-term tenant.
    Where is this auto shop located?
    The property is located at 9970 W Lower Buckeye Rd Tolleson, AZ.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: NNN Lease with ~10 Lease Years Remaining in Primary Term, ideal for investors.; Located in the Phoenix MSA with a population exceeding 4.9 million.; Strategically positioned adjacent to Pecan Promenade.
    (408) 472-6888
    We can help!
    Listing Contact
    Roger Oser
    Real Estate License ID: CalDRE #00826289
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    9970 W Lower Buckeye Rd, Tolleson, AZ 85353
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!