760 W Guadalupe Rd Gilbert, AZ 85233
Property profile & analytics
760 W Guadalupe Rd Gilbert, AZ 85233
- Retail space
- 2,108 SF
- 0.42 lot acres
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.
Location Intelligence
Current Use by Public Records
- Joe's Auto - Gilbert / Auto Repair Shop
Property Details for 760 W 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 Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $825,000
- ML approach
- $825,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $552,000
Market price range: $394k - $1.46M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $775,000 Current use
- AUTO REPAIR, GARAGE
- $935,000 Change: +21% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $765,000 Change: -1% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
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
