Auto Shop with Absolute NNN
For Sale
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6828 East Thomas Rd, Scottsdale, AZ 85251
Recently refreshed facility occupied by Pep Boys under an absolute triple net lease.
Property SizeContact for details
Days on Market146
Property Features for 6828 East Thomas Rd
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Additional Details
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Cambridge Properties
Listed By:
Henry Kerson · License #AZ BR641392000
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 3:31PM
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 Cambridge Properties
Investment Insights
Based on property information with market context.
The auto shop at 6828 East Thomas Rd includes refreshed service-shop, restroom, lighting, and parking improvements. The roof was recoated, the parking lot and curbs were repaired and restriped, and the facility was updated with new paint and signage reflecting Pep Boys’ current branding. The property has operated for more than 10 years and recently received maintenance and renovation work that brought the restrooms, lighting, and shop area up to code.
Pep Boys has assumed and extended the lease, with just under 10 years of firm term remaining. The agreement is structured as an absolute triple net lease, subject to limited provisions concerning structural damage to the slab and bearing walls and a 30-day right of first refusal on a purchase.
The property is positioned on East Thomas Road between 68th Street and Scottsdale Road in South Scottsdale. Nearby retailers and businesses include Burger King, Domino’s, Valero, Shell, Chase, Panda Express, O’Reilly, Albertsons, Chipotle, Starbucks, Circle K, McDonald’s, and Taco Bell.
Pep Boys has assumed and extended the lease, with just under 10 years of firm term remaining. The agreement is structured as an absolute triple net lease, subject to limited provisions concerning structural damage to the slab and bearing walls and a 30-day right of first refusal on a purchase.
The property is positioned on East Thomas Road between 68th Street and Scottsdale Road in South Scottsdale. Nearby retailers and businesses include Burger King, Domino’s, Valero, Shell, Chase, Panda Express, O’Reilly, Albertsons, Chipotle, Starbucks, Circle K, McDonald’s, and Taco Bell.
Key Highlights
- Pep Boys lease has just under 10 years of firm term remaining
- Absolute triple net lease with a 30‑day purchase right of first refusal
- 3% annual increases in years 1‑5, followed by a 10% increase in Year 6
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,706
Businesses Nearby
202k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 77%
Shops & Services 20%
Beauty & Spa 2%
Hotels & Casinos 1%
McDonald's
Dining
32,016 visits/mo
0.4 miles
Circle K
Shops & Services
17,348 visits/mo
0.4 miles
Taco Bell
Dining
16,379 visits/mo
0.4 miles
Whataburger
Dining
15,392 visits/mo
0.3 miles
Panda Express
Dining
12,798 visits/mo
0.5 miles
Demographics for 85251, AZ
40,073
Population
26,456
Households
1.5
Avg Household Size
39
Median Age
60%
College-Educated
96%
High-School Grad
7.2 sq mi
ZIP Area
5,566
Density / Sq Mi
$89,151
Median Household Income
$60,282
Median Earnings
$1,771
Median Rent
$500,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Auto shop - Recently refreshed facility occupied by Pep Boys under an absolute triple net lease.
Where is this auto shop located?
The property is located at 6828 East Thomas Rd Scottsdale, AZ.
What are key features of this property?
This property features: Pep Boys lease has just under 10 years of firm term remaining; Absolute triple net lease with a 30‑day purchase right of first refusal; 3% annual increases in years 1‑5, followed by a 10% increase in Year 6
