NNN Car Wash
For Sale
Contact for pricing
1503 W Camelback Rd, Phoenix, AZ 85015
Freestanding car wash with an absolute NNN lease and no landlord responsibilities.
Property SizeContact for details
Days on Market142
Property Features for 1503 W Camelback Rd
General Information
Standard status
Active
Property subtype
Special Purpose
Site & Location
Traffic Count
44,200 vehicles/day
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Patrick R. Luther, CCIM · License #CA License No. 01912215
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 1:37AM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This freestanding car wash property is offered with fee simple ownership of the land and building. The existing lease is structured as absolute NNN, with no landlord responsibilities identified in the property information. The initial lease term has over 17 years remaining, followed by 4 (5-year) extension options. Contractual rent increases are set at 2% annually during the initial term and option periods.
The property fronts W Camelback Rd in Phoenix, where reported daily traffic averages 44,200 vehicles. It is less than a mile south of Christown Spectrum, a 1,090,000 square foot shopping center with Walmart Supercenter, Costco Wholesale, Target, and PetSmart. Camelback Village Square, a 133,000 square foot center anchored by Fry’s Food & Drug and LA Fitness, is west of the property. Additional nearby national and credit tenants include Ross Dress For Less, Dollar Tree, CVS Pharmacy, and Raising Cane’s.
The property fronts W Camelback Rd in Phoenix, where reported daily traffic averages 44,200 vehicles. It is less than a mile south of Christown Spectrum, a 1,090,000 square foot shopping center with Walmart Supercenter, Costco Wholesale, Target, and PetSmart. Camelback Village Square, a 133,000 square foot center anchored by Fry’s Food & Drug and LA Fitness, is west of the property. Additional nearby national and credit tenants include Ross Dress For Less, Dollar Tree, CVS Pharmacy, and Raising Cane’s.
Key Highlights
- Absolute NNN lease with no landlord responsibilities
- Over 17 years remaining on the initial lease term
- 4 (5‑year) extension options
Property Analytics
Property Profile
Current Use
Lease Details
44,200 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,491
Businesses Nearby
Explore this area
Business Placement
Demographics for 85015, AZ
41,436
Population
17,889
Households
2.3
Avg Household Size
33
Median Age
25%
College-Educated
78%
High-School Grad
4.9 sq mi
ZIP Area
8,456
Density / Sq Mi
$52,585
Median Household Income
$36,456
Median Earnings
$1,227
Median Rent
$312,600
Median Home Value
Market
Vacancy Rate% for Retail in Phoenix, AZ
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding car wash with an absolute NNN lease and no landlord responsibilities.
Where is this nnn property located?
The property is located at 1503 W Camelback Rd Phoenix, AZ.
What are key features of this property?
This property features: Absolute NNN lease with no landlord responsibilities; Over 17 years remaining on the initial lease term; 4 (5‑year) extension options
