1085 Cooper Rd Chandler, AZ 85286
This exceptional investment opportunity presents a newly constructed, 8,409 square foot auto shop in Chandler, Arizona, boasting a 19.1-year remaining lease term on an absolute NNN lease with a corporate guarantee. The property, located at 1085 S Cooper Rd, features a 6.00% cap rate and a current NOI of $266,796. The tenant, Kerry's Car Care, enjoys an A+ BBB rating and is part of Drive Automotive Services, a rapidly expanding group with 43 locations and plans for significant future growth. The lease includes 10% rent bumps every five years and four five-year renewal options, ensuring long-term financial stability. Situated on a 1.56-acre lot, the property benefits from a prime location less than a mile from the Chandler Auto Park and Chandler Municipal Airport, in an area with high average annual incomes ($143,759 within a 3-mile radius) and a dense population (over 325,000 residents within a 5-mile radius). The property's high visibility is further enhanced by its frontage on Cooper Rd and Pecos Rd (approximately 26,480 vehicles per day) and proximity to Loop 202 Freeway (approximately 147,723 vehicles per day). The asking price is $4,446,600, representing a price per square foot of $528.79. Built in 2023, this property offers a secure and lucrative investment with significant upside potential. The lease commenced October 4, 2023, and expires December 31, 2043. The property's APN is 303-30-006Y.
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Kerry's Car Care Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.