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Property profile & analytics
OFF-MARKET Estimated value $610,000
Auto shops

1945 Country Clb Dr Mesa, AZ 85210-6007

1,670 SF 0.27 ac lot Built 1982
Individually Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US07-0578536
Property summary
AI-generated overview

This exceptional investment opportunity presents a 1,670 square foot Jiffy Lube located in Mesa, Arizona, at the hard corner of Country Club Drive and West Baseline Road. The property boasts a strong 6.67% cap rate and a substantial net operating income (NOI) of $116,160. The absolute NNN lease with Jiffy Lube, the leading provider of automotive preventative maintenance, has approximately 1.9 years remaining in its primary term, followed by three 5-year option periods with 10% rent increases. This prime location benefits from high visibility and traffic counts of approximately 84,595 vehicles per day (AADT), situated near major retailers including Costco, Walmart, Home Depot, and numerous fast-food restaurants. The 0.27-acre lot is strategically positioned within a thriving area with over 425,400 residents and an average household income exceeding $94,300 within a 5-mile radius. The asking price is $1,742,000, translating to $1,043.11 per square foot. This is a rare chance to acquire a well-established, high-performing asset in a densely populated and commercially vibrant area of Mesa, Arizona. The property's location on a signalized intersection ensures maximum visibility and accessibility, making it an ideal investment for discerning buyers seeking a stable, high-return investment with a nationally recognized tenant. The lease commenced on October 28, 2011, and is set to expire on October 27, 2026. The property's parcel number (APN) is 134-24-002B. This is a turnkey investment opportunity with minimal management requirements due to the absolute NNN lease structure.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1982
Construction CONCRETE
Total area 1,670 SF
Lot 0.27 ac (11,629 SF)
Zoning code GC
APN 134-24-002B
UPID US07-0578536
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jiffy Lube Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$619k
Blend (final) Blend
$610k
Owner & transaction history
Margaret Shimada Moy · 4 yrs held
Margaret Shimada Moy
since 2022
5 recorded transactions
2022
Price N/A
2022
Price N/A
2016
$1.4M
2011
$970,000
2005
$756,200
Zoning & alternative use
GC · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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