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Jiffy Lube Auto Shop Ground Lease
For Sale
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1414 W Bell Rd, Phoenix, AZ 85023

Established automotive service operation with a corporate guarantee and five years remaining on the current lease term.

Property SizeContact for details
Days on Market142

Property Features for 1414 W Bell Rd

General Information

Standard status Active
Property subtype Retail
Net Operating Income $82,884

Additional Details

Cap Rate 5.5%
Listing Agency: West USA Realty
Listed By: Dustin Olive · License #AR
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 9:52PM

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 West USA Realty

Investment Insights

Based on property information with market context.

This automotive property is structured as a ground lease supporting a Jiffy Lube operation that has served as the site operator since 1988. The current lease term has five years remaining and includes 3% annual increases.

A corporate guarantee is in place, providing an additional lease-related feature for consideration. The property is located at 1414 W Bell Rd in Phoenix, Arizona.

Key Highlights

  • Ground lease supporting a Jiffy Lube automotive service operation
  • Site has been operated by Jiffy Lube since 1988
  • Five years remaining on the current lease term

Property Analytics

Current Use

Jiffy Lube Auto Repair Shop AGD Auto Glass ... Auto Repair Shop

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

540
Businesses Nearby
Well-served
Demand for This Use

Demographics for 85023, AZ

35,241
Population
14,765
Households
2.4
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
7.4 sq mi
ZIP Area
4,762
Density / Sq Mi
$72,442
Median Household Income
$43,936
Median Earnings
$1,429
Median Rent
$359,200
Median Home Value

Market

Vacancy Rate% for Retail in Phoenix, AZ

8.5% 2019
8.7% 2020
7.4% 2021
5.6% 2022
5.1% 2023
5.4% 2024
5.3% 2025
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Similar Off Market Nearby

  • Cool Shade Window Tint 1825 W Bell Rd #431, Phoenix, AZ 85023
  • Walmart Auto Care Centers 1825 W Bell Rd, Phoenix, AZ 85023
  • Auto Center Phoenix, AZ 85023
  • RV Complete LLC 1645 w bell rd suite c, phoenix, az 85023
  • Knight Autoworks 1645 W Bell Rd, Phoenix, AZ 85023

Frequently Asked Questions

What type of property is this?
Auto shop - Established automotive service operation with a corporate guarantee and five years remaining on the current lease term.
Where is this auto shop located?
The property is located at 1414 W Bell Rd Phoenix, AZ.
What are key features of this property?
This property features: Ground lease supporting a Jiffy Lube automotive service operation; Site has been operated by Jiffy Lube since 1988; Five years remaining on the current lease term
(480) 785-6761 Call to check price and availability
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