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| 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 18.11 | 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...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 15,870 | 87,918 | 220,589 |
| 2024 Total Population : | 15,410 | 85,021 | 207,228 |
| 2024 Employed Civilian Pop : | 6,601 | 41,729 | 106,092 |
| 2024 Total Businesses : | 170 | 1,278 | 3,902 |
| 2024 Average Household Income : | $ 141,391 | $ 166,765 | $ 160,974 |
| 2024 Total Consumer Spending : | $ 611 M | $ 3743 M | $ 9064 M |
| 2024 Median Age : | 39 | 36 | 35 |
| 2024 Total Households : | 5,007 | 26,188 | 65,429 |
| 2024 Pop Age 25+: Bachelor's Degree : | 3,141 | 17,258 | 41,577 |
| 2024 Average Home Value : | $ 562,362 | $ 607,744 | $ 613,203 |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
