21443 Ellsworth Rd Queen Creek, AZ 85142-9849
Property profile & analytics
21443 Ellsworth Rd Queen Creek, AZ 85142-9849
- Auto shops
- 6,100 SF
- 1.02 lot acres
Property ID
US07-2475436
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Firestone Complete Auto Care / (Bike/Boat/Book/etc) Store / Auto Parts Store
Property Details for 21443 Ellsworth Rd
- Year built
- 2019
- Lot size
- 1.02 lot acres
- Property size
- 6,100 SF
- Zone code
- C-2
- Property type
- Auto shops
- APN
- 304-67-964
- APU
- 30467964
Description
This exceptional investment opportunity presents a 6,458 square foot Bridgestone auto shop situated on a 1.02-acre lot in Queen Creek, Arizona. The property boasts a 20-year absolute triple-net (NNN) ground lease with approximately 15 years remaining, providing significant long-term stability. The lease features a corporate guarantee from Bridgestone Retail Operations, LLC, mitigating tenant risk. Situated at 21443 S Ellsworth Rd, 85142, the property benefits from high visibility to over 80,000 vehicles daily. The lease includes a 10% rent increase every five years, ensuring consistent growth in rental income. The property's strong financial performance is reflected in its 4.46% cap rate and a current NOI of $77,000. Built in 2019, the property is currently 100% occupied. The lease includes three and five-year renewal options, further enhancing the investment's long-term value. The property's location offers convenient access to Arizona State University's Polytechnic Campus, serving a population of over 514,206 residents within a 10-mile radius. This presents a compelling investment opportunity with substantial upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,430,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Queen Creek
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.634
- Latitude
- 33.2528
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$23,733
$0.00
$0.00
$395,881
-
$1,394,600
$1,004,681
$2,399,281
