Sold Subscription Required
| Price $3,514,150 | Built/Renov 2023 | Tenant Kerry's Car Care |
| Cap Rate 6.00% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
6,220
| Lease Start
10-28-2023
| #Units
8
|
| Price/SF $564.98 | Expiration
10-31-2043
| Tenant Type Automotive |
| NOI $210,849 | R. Term 19.1 | Ownership Fee Simple |
| Rent/SF
$33.90
| Increases 10.0%/4/yrs | Pop 5Mi 202,303 |
| Lot/AC 1.09 | Options 4/5yrs/10% | AHHI 5Mi $152,984 |
| | |
Kerry's Car Care is strategically located on East Queen Creek Road, with access to 15,910 vehicles passing by daily. The property is surrounded by well-known national tenants, including Wells Fargo, McDonald's, Walgreens, Firestone, Bank of America, and more. Additionally, it is situated less than 3 miles from Mesa Gateway Airport. The 5-mile trade area is supported by a population of 202,303...
...New construction
Build to suit
Dense retail corridor
Near major nationals
Top 100 MSA
Strong demographics
Long 15+ yr lease
Absolute NNN
Accelerated depreciation
Corporate Guarantee
Kerry’s Car Care is a full-service automotive repair chain based in Arizona. They offer oil changes, state inspections, and complete engine and transmission overhauls through ASE-certified...
Lubbock, TX
Cap Rate 7.00%
Lease Abs NNN
R. Term 20.20 yrs
Size/SF 6,610
Bonita Springs, FL
Cap Rate 6.24%
Lease Abs NNN
R. Term 7.70 yrs
Size/SF 6,165
Gainesville, VA
Cap Rate 5.22%
Lease Abs NNN
R. Term 17.90 yrs
Size/SF 2,079
Beaufort, SC
Cap Rate 5.25%
Lease Abs NNN
R. Term 19.60 yrs
Size/SF 6,800
Colorado Springs, CO
Cap Rate 5.50%
Lease Abs NNN
R. Term 19.40 yrs
Size/SF 4,975
Salisbury, MD
Cap Rate 6.50%
Lease NN+
R. Term 14.00 yrs
Size/SF 16,700
Carencro, LA
Cap Rate 6.90%
Lease Abs NNN
R. Term 18.70 yrs
Size/SF 3,027
Springfield, MO
Cap Rate 6.42%
Lease Double NN
R. Term 6.10 yrs
Size/SF 18,700
Sunrise, FL
Cap Rate 5.50%
Lease Double NN
R. Term 5.10 yrs
Size/SF 7,150
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
