Auto Repair & Restoration
For Sale
Contact for pricing
5728 E 22nd St, Tucson, AZ 85711
Sale-leaseback for an auto repair and restoration property with a brand-new 10-year absolute NNN lease.
Property Size5,267 SF
Price / SF$256.31
Days on Market61
Property Features for 5728 E 22nd St
General Information
Standard status
Active
Size
5,267 SF
Property subtype
Retail, Industrial
Zoning
C-1
Lease Type
Absolute Net
Net Operating Income
$114,500
Building Details
Year Built
1969
Year Renovated
2025
Tenancy
Single
Listing Agency:
Retail Investment Group LLC
Listed By:
John Toben · License #AZ SA653272000
Source:
Crexi
Added: Jul 17
Changed: Sep 3
Last Checked: Sep 14 at 6:34AM
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 Retail Investment Group LLC
Investment Insights
Based on property information with market context.
Retail Investment Group presents for sale an auto repair and restoration property in Tucson, Arizona, known as Saquaro Auto Repair & Restorations, at 5728 E 22nd St. The offering is structured as a sale-leaseback.
According to the provided materials, the property is accompanied by a brand-new 10-year Absolute NNN lease, commencing at close of escrow. The listing is presented as a dedicated net lease investment under an absolute NNN structure.
The property is identified for sale as a retail investment asset with automotive use as an auto repair and restoration facility.
According to the provided materials, the property is accompanied by a brand-new 10-year Absolute NNN lease, commencing at close of escrow. The listing is presented as a dedicated net lease investment under an absolute NNN structure.
The property is identified for sale as a retail investment asset with automotive use as an auto repair and restoration facility.
Key Highlights
- Saquaro Auto Repair & Restorations in Tucson, Arizona
- 1969 year built
- Sale‑leaseback with a brand‑new 10‑year Absolute NNN lease commencing at close of escrow
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$50,065
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,001,300
$1.0M
Cap Rate 7%
$715,214
$715.2K
Cap Rate 9%
$556,278
$556.3K
Market Conditions
NOI Build-Up for 5,267 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$75.8K $14.40/SF
− Vacancy
−$4.3K −$0.82/SF
EGI
$71.5K $13.58/SF
− OpEx
−$21.5K −$4.07/SF
NOI
$50.1K $9.51/SF
Area
Tucson, AZ
Vacancy
5.70%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,001,300
Cap Rate 7%
$715,214
Cap Rate 9%
$556,278
Alternative Uses
Best Use
Retail
$715.2K
$625.8K – $834.4K
NOI $50,065 @ 7.0% cap · market cap 3.71%
Second Best
Industrial
$545.2K
$477.1K – $636.1K
NOI $38,167 @ 7.0% cap · market cap 2.83%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $95,777 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
641
Businesses Nearby
145k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Shops & Services 27%
Groceries 26%
Home Improvements & Furnishings 11%
Walmart Neighborhood Market
Groceries
37,928 visits/mo
0.2 miles
Dollar Tree
Shops & Services
19,443 visits/mo
0.3 miles
Jack in the Box
Dining
16,374 visits/mo
0.2 miles
Harbor Freight Tools
Home Improvements & Furnishings
16,213 visits/mo
0.2 miles
Dunkin' Donuts
Dining
13,455 visits/mo
0.4 miles
Demographics for 85711, AZ
41,518
Population
19,774
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
88%
High-School Grad
8.6 sq mi
ZIP Area
4,828
Density / Sq Mi
$52,358
Median Household Income
$35,130
Median Earnings
$1,001
Median Rent
$248,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Tucson, AZ
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Frequently Asked Questions
What type of property is this?
Auto shop - Sale-leaseback for an auto repair and restoration property with a brand-new 10-year absolute NNN lease.
Where is this auto shop located?
The property is located at 5728 E 22nd St Tucson, AZ.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Saquaro Auto Repair & Restorations in Tucson, Arizona; 1969 year built; Sale‑leaseback with a brand‑new 10‑year Absolute NNN lease commencing at close of escrow
