21443 Ellsworth Rd Queen Creek, AZ 85142-9849
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.
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Firestone Complete Auto Care (Bike/Boat/Book/etc) Store Auto Parts Store
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
C-2 · Queen Creek, AZThe 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
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.