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Big O Tires 11429 N Saguaro Blvd 4,740 SF Retail Building Fountain Hills, AZ 85268 $1,637,400 CAD ($345.44 CAD/SF) 6% Cap Rate
Investment Highlights
- Prime Location: 11429 N Saguaro Blvd, Fountain Hills, AZ 85268 – excellent frontage with ~18,000 vehicles per day.
- Building & Site: 4,740 SF building on 0.57 acres with functional automotive layout and easy access.
- Lease Extension: New 5-year lease commenced on May 2025, with two (2) additional 5-year extension options available.
- Proven Operator: Tenant in place since 2000, backed by a personal guaranty.
- Absolute NNN Lease: No landlord responsibilities. Annual Increases: $6,000 annual rent bumps during the base term; 2% annual escalations in option per
- Below Market Rent: Tenant is currently paying $15.18/SF, while market rent is $26.09/SF.
Executive Summary
This property is located in Fountain Hills, AZ. It is a 4,740 SF Big O Tires which sits on
0.57 acres along N Saguaro Blvd with visibility to ~18,000 vehicles per day. Tenant
recently signed a new 5-year absolute NNN lease, commenced on May 1, 2025, with
$6,000 annual rent increases during the primary term. The lease also includes two
5-year renewal options with 2% annual increases each year.
0.57 acres along N Saguaro Blvd with visibility to ~18,000 vehicles per day. Tenant
recently signed a new 5-year absolute NNN lease, commenced on May 1, 2025, with
$6,000 annual rent increases during the primary term. The lease also includes two
5-year renewal options with 2% annual increases each year.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,740 SF
Building Class
B
Year Built
2000
Price
$1,637,400 CAD
Price Per SF
$345.44 CAD
Cap Rate
6%
NOI
$98,244 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.57 AC
Zoning
C-2, Fountain Hills
Parking
12 Spaces (2.55 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 176-08-469A | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $133,085 CAD |
Property Taxes
Parcel Number
176-08-469A
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$133,085 CAD
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Big O Tires | 11429 N Saguaro Blvd
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