1945 Country Club Dr, Mesa, AZ 85210
- Auto shops
- 1,670 SF
- 0.27 lot acres
Current Use by Public Records
- Jiffy Lube / Auto Repair Shop
Property Details for 1945 Country Club Dr
- Year built
- 1982
- Construction
- CONCRETE
- Lot size
- 0.27 lot acres
- Zone code
- GC
- Property type
- Auto shops
- APN
- 134-24-002B
- APU
- 13424002B
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 4, 2022 | — | Margaret Shimada Moy | Margaret Shimada Moy | Re-recorded Document · related | — |
| Jan 5, 2022 | — | Margaret Shimada Moy | Barbara Shimada Krouwer | Intrafamily Transfer · related | — |
| Nov 30, 2016 | $1,410,000 | Shimada,h & F 1991 F R Trust | 4848 East Warner LLC | Grant Deed | — |
| Nov 7, 2011 | $970,000 | 4848 East Warner LLC | Jiffy Properties Xxi LLC | Special Warranty Deed | $490k · Us Bank NA |
| Jul 14, 2005 | $756,200 | Jiffy Properties Xxi LLC | Q Lube INC | Special Warranty Deed | $1.6M · First National Bank Of Arizona |
Description
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.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $618,000
- AI Estimate
- $605,000
Market price range: $366k - $1.14MMarket price range: $352k - $1.14M -
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $735,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Mesa
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.84
- Latitude
- 33.3794
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
