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Firestone Auto Care Shop

1840 N Lindsay Rd Mesa, Phoenix, AZ 85213

For Sale
New
$4,261,000

The property is leased under an absolute NNN structure with a corporate Bridgestone guarantee.

Property Size8,375 SF
Price / SF$508.78
Days on Market2

Property Features for 1840 N Lindsay Rd Mesa

General Information

Standard status Active
Size 8,375 SF
Property subtype Auto Parts
Lease Type Absolute Net

Site & Location

Traffic Count 63,000 vehicles/day
Highway Access Yes
Road Access Yes

Tenancy & Operations

Tenant in Place Yes
In-Place Lease Type Absolute NNN
Current Tenants Firestone Complete Auto Care
Real Estate Included Yes

Additional Details

Automotive Uses auto repair, tire service

Amenities

Five Years Remaining on Absolute Triple-Net (NNN) Lease
6.25% Rental Increases Every Five Years with Multiple Renewal Options
Corporate Guaranty by Bridgestone - S&P A-Rated Company with ±2,200 Locations
Adjacent to Walmart Neighborhood Market and Surrounded by Other National Retailers: Black Rock Coffee Bar, Walgreens, Bank of America, and More
258,544 Residents within a Five-Mile Radius - Growing Trade Area in the Phoenix MSA
Average Household Income Exceeds $153,000 in the Immediate Area
Highly Visible Location Along East McKellips Road (±63,000 Cars per Day at Lindsay Road & McKellips Intersection)
Close Proximity to Mountain View High School (±3,420 Students), One of the Largest High Schools in the Phoenix MSA

Building Details

Building Size 8,375 SF
Tenancy Single
Listing Agency: Marcus & Millichap - Phoenix
Listed By: Chris Lind · License #License(s): AZ: SA627823000
Source: Marcusmillichap
Added: Nov 8 Last Checked: Sep 26 at 3:10AM

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 Marcus & Millichap - Phoenix

Rey
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Investment Insights

Based on property information with market context.

This automotive service property at 1840 North Lindsay Road in Mesa is occupied by Firestone Complete Auto Care. The absolute NNN lease has five years remaining, includes 6.25% rent increases every five years, and provides multiple renewal options. The tenant has extended its lease, and Bridgestone provides the corporate guarantee, with an S&P A rating stated in the listing.

The property is an outparcel in a Walmart Neighborhood Market-anchored center. Nearby national retailers include Black Rock Coffee Bar, Walgreens, and Bank of America. East McKellips Road carries approximately 63,000 cars per day at its intersection with Lindsay Road. Mountain View High School, with approximately 3,420 students, is nearby, and the property is two miles from Red Mountain Freeway (Loop 202).

Key Highlights

  • Absolute NNN lease with five years remaining
  • Bridgestone corporate guarantee; S&P A rating
  • 6.25% rent increases every five years, plus multiple renewal options

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon 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.

Lease Details

63,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

366
Businesses Nearby
88k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 37% Shops & Services 34% Dining 29%
Walmart Neighborhood Market Groceries
32,837 visits/mo 0.1 miles
ARCO Shops & Services
12,682 visits/mo 0.3 miles
Quick Quack Car Wash Shops & Services
11,161 visits/mo 0.3 miles
SONIC Drive In Dining
10,294 visits/mo 0.3 miles
Black Rock Coffee Bar Dining
6,289 visits/mo 0.2 miles

Demographics for 85213, AZ

36,572
Population
15,468
Households
2.4
Avg Household Size
39
Median Age
39%
College-Educated
96%
High-School Grad
9.2 sq mi
ZIP Area
3,975
Density / Sq Mi
$100,671
Median Household Income
$49,759
Median Earnings
$1,640
Median Rent
$407,600
Median Home Value

Market

Average Price Trend$/SF for Auto shops in Phoenix, AZ

$395 Jul
$643 Aug
$506 Sep
$506 Oct

Properties on Market for Auto shops in Phoenix

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • P&L Kustoms — 1739 n lindsay rd, mesa, az 85213
  • Firestone Complete Auto Care — 1840 N Lindsay Rd, Mesa, AZ 85213
  • East Valley Mustang — 2521 E McKellips Rd, Mesa, AZ 85213
  • Flash Auto Solutions — 2442 E McKellips Rd, Mesa, AZ 85213
  • Martin's Import & Domestic Auto Repair — 2442 e mckellips rd #5, mesa, az 85213

Frequently Asked Questions

What type of property is this?
Auto shop - The property is leased under an absolute NNN structure with a corporate Bridgestone guarantee.
Where is this auto shop located?
The property is located at 1840 N Lindsay Rd Mesa Phoenix, AZ.
What is the asking price?
The asking price for this property is $4,261,000.
What are key features of this property?
This property features: Absolute NNN lease with five years remaining; Bridgestone corporate guarantee; S&P A rating; 6.25% rent increases every five years, plus multiple renewal options
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