1503 Florence Blvd Casa Grande, AZ 85122
This exceptional investment opportunity presents a brand-new, state-of-the-art, 1,438 square foot auto shop in Casa Grande, Arizona. Located at 1503 E Florence Blvd, this single-tenant property boasts a prime, signalized hard-corner location with nearly 65,000 vehicles passing daily. The property features a 15-year absolute triple-net (NNN) lease with a highly reputable franchisee, ensuring zero landlord responsibilities. Rent increases by 10% every five years, providing significant long-term growth potential. The current NOI is $155,648, yielding a 6.00% cap rate at the asking price of $2,594,000. Built in 2023, this Class B property sits on a 0.83-acre lot with six parking spaces. The tenant, a top-performing Take 5 Oil Change location (second best nationally), benefits from its proximity to major retailers including Home Depot, Lowe's, Walmart, and numerous restaurants and businesses. The property is also conveniently located near a major hospital and a large, newly developed shopping center. The lease includes six, 5-year options, further securing long-term income. This is a rare opportunity to acquire a high-performing asset in a rapidly growing market with significant upside potential. The property's strong tenant, favorable lease terms, and prime location make it an ideal investment for discerning buyers.
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Take 5 Oil Change Auto Repair Shop
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Circle K Grocery & Convenience Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.