Current Use by Public Records
- Isalis / (Bike/Boat/Book/etc) Store
- Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
- Skunk Funk / Big Box & Wholesale Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store
Property Details for 2250 Az-95
- Year built
- 2022
- Lot size
- 0.73 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a fee-simple ownership of a 1,438 square foot Take 5 Oil Change, located at 2250 AZ-95, Bullhead City, AZ 86442. The property, built in 2022, sits on a 0.73-acre lot and includes 9 parking spaces. It benefits from a strong 15-year absolute triple-net (NNN) lease commencing May 1, 2024, and expiring April 30, 2039, with a remaining term of 14.5 years. The lease includes 10% rent bumps every 5 years, starting in year 6. The current annual net operating income (NOI) is $128,931, representing a 6.00% cap rate on the asking price of $2,149,000. The property is zoned commercial (APN: 220-51-001G) and enjoys a 100% occupancy rate. Its strategic outparcel location within a prominent shopping center, alongside Smart N Final and Hobby Lobby, ensures high visibility and accessibility. The property's success is further bolstered by the tenant's robust growth trajectory, with plans to expand to approximately 150 locations in the region by the end of 2024. Take 5 Oil Change is a rapidly expanding national brand with over 800 locations across 18 states. This investment offers a compelling combination of strong tenant performance, long-term lease security, and significant upside potential in a thriving market.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bullhead City
- County
- Mohave
- State
- Arizona
- Longitude
- -114.594
- Latitude
- 35.1056
