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Property profile & analytics
OFF-MARKET Estimated value $1,475,000
Auto shops

21443 Ellsworth Rd Queen Creek, AZ 85142-9849

6,100 SF 1.02 ac lot Built 2019
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US07-2475436
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2019
Total area 6,100 SF
Lot 1.02 ac (44,508 SF)
Zoning code C-2
APN 304-67-964
UPID US07-2475436
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
  • Firestone Complete Auto Care (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.48M
Owner & transaction history
Bo Hyun Kang · 1 yrs held
Bo Hyun Kang
since 2025
Last sale
$1.5M
4 recorded transactions
2025
Price N/A
2019
$1.5M
2018
$725,000
1969
Price N/A
Zoning & alternative use
C-2 · Queen Creek, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The purpose of C-2 is to provide General commercial activities designed to serve the community such as repair shops, wholesale businesses, warehousing, and limited retail sales, with some outdoor display of goods, but limited outdoor operations

Zone name General Commercial District
General category COMMERCIAL
Zone area 882.60 ac
Source Realmo
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