760 W Guadalupe Rd Gilbert, AZ 85233
NNN leased Joe’s Auto in Phoenix, passive income opportunity.
Type:Retail
Property size:
2,533 SFLot size:
0.42 Acres- Added:
- Jun 24, 2024
- Days on Market:
- 667
- Last Refresh:
- Mar 17 at 1:26 pm
Property Features for 760 W Guadalupe Rd
General Information
- Standard status
- Active
- Size
- 2,533 SF
- Lot size
- 0.42 Acres
- Property subtype
- Retail
Listing agent Paul Holland License #SA022775000
Listing office Colliers - Phoenix, Arizona
Listing date Jun 24, 2024
Source Crexi
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 Colliers - Phoenix, Arizona
Overview
Auto Repair NNN Investment Opportunity
This investment opportunity features a single tenant, absolute NNN leased Joe’s Auto, located in Phoenix, AZ. Joe’s Auto, a leading auto repair company with 9 locations across the Phoenix area, has been operating for over 30 years. The absolute triple net lease has over 6.5 years remaining in the primary term, with two 5-year option periods and zero landlord responsibilities. Annual rent increases in the primary term and FMV rent increases in the option periods provide a hedge against inflation. The property includes a 2,533 SF building on a 0.42-acre parcel, strategically located on the hard corner signalized intersection of W Guadalupe Road and N Cooper Road, which sees over 48,000 VPD. The location benefits from excellent ingress and egress. Nearby retailers include Walmart Supercenter, Smart & Final Extra!, Kohl’s, ULTA, HomeGoods, Michaels, Walgreens, Chase, Bank of America, In-N-Out Burger, Chick-fil-A, Chipotle, Whataburger and Raising Cane’s.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Joe's Auto - Gilbert
Auto Repair Shop
Similar Places Nearby
- Fuel System Specialists — 723 W Commerce Ave #3c, Gilbert, AZ 85233
- Top Auto Collision — 635 W Commerce Ave B, Gilbert, AZ 85233
- Mr. Gilbert Mobile Auto Repair — 719 W Commerce Ave, Gilbert, AZ 85233
- All Tech Automotive Auto & Diesel Repair — 623 W Commerce Ave Suite D, Gilbert, AZ 85233
- Quality Auto Services — 635 W Commerce Ave, Gilbert, AZ 85233
Location Insight
- Map
- Local Demand
- City
- Gilbert
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.8491385
- Latitude
- 33.3664387
Nearby Similar for Sale
FAQs
What type of property is this?
Auto shop - NNN leased Joe’s Auto in Phoenix, passive income opportunity.
Where is this auto shop located?
The property is located at 760 W Guadalupe Rd Gilbert, AZ.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Absolute NNN lease with over 6.5 years remaining, offering passive income.; Located on a **high‑traffic hard corner signalized intersection (48,000 VPD)** with excellent access.; Established tenant, **Joe's Auto**, a leading auto repair company with 9 locations.
