Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

760 Guadalupe Rd Gilbert, AZ 85233

  • Retail space
  • 2,108 SF
  • 0.42 lot acres
Value Estimation
Last Sale
Jul 29, 2024
$825,000
Location Intelligence
Property ID
US07-2405293
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.

Current Use by Public Records

  • Joe's Auto - Gilbert / Engine Rebuilding Service / Oil Change Service

Property Details for 760 Guadalupe Rd

Year built
2020
Lot size
0.42 lot acres
Property size
2,108 SF
Property type
Retail space
APN
310-10-088A
APU
31010088A

Description

This exceptional investment opportunity presents a 2,533 square foot auto shop in Gilbert, Arizona, currently operating under a Net Lease agreement with Joe's Auto. The property boasts a 4.79% cap rate and a substantial net operating income (NOI) of $46,706. The lease, commenced December 1, 2020, has a remaining term of 6.4 years, extending to March 31, 2031, with built-in rent increases. The asking price is $975,000, translating to $384.92 per square foot. Situated on a 0.52-acre lot at the hard corner of W Guadalupe Road and N Cooper Road, this location benefits from high visibility and traffic counts exceeding 48,000 vehicles per day. The property enjoys 100% occupancy and is strategically positioned near major retailers, including Walmart, Kohl's, and numerous restaurants. This single-tenant, absolute NNN lease offers investors a passive income stream with minimal landlord responsibilities, making it an attractive addition to any portfolio. The tenant, Joe's Auto, is a well-established local business with multiple locations in the Phoenix area. The property's location in a densely populated, affluent suburb of Phoenix, with a high household income, further enhances its investment appeal. This is a rare opportunity to acquire a long-term, stable net lease investment for under $1 million.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $825,000
  • CAP approach

    CAP return
    Estimation
    6%
    $845,000
    6.5%
    $965,000
    7%
    $915,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $955,000
    Geo Method
    $900,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $915,000
    Retail
    $950,000
    Mixed-Use
    $740,000
    Hospitality
    $780,000
    Educational
    $930,000
    Residential Income
    $900,000
    Energy
    $1,020,000
    Income-Based Land
    $1,000,000
    Food Service
    $915,000

Location Insight

  • Map
  • Local Demand
City
Gilbert
County
Maricopa
State
Arizona
Longitude
-111.806
Latitude
33.3648
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
$5,247
$0.00
$0.00
$68,955
-
$208,100
$209,809
$417,909
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message