Log In/Sign Up
Your email has been sent.
Take 5 Oil Change 16540 W Cactus Rd 3,240 SF Retail Building Surprise, AZ 85388 $2,298,818 CAD ($709.51 CAD/SF) 5.25% Cap Rate
Investment Highlights
- Brand New 10-Year Ground Lease | Options To Extend | Scheduled Rental Increases
- Brand New Development | Retail Corridor | Growing Community | Stronger National/Credit Tenant Presence
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
- Strong Demographics In The Immediate Trade Area
Executive Summary
- The tenant recently signed a brand new 10-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site
- The lease features 12% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation
- The lease features 12% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,240 SF
Building Class
B
Year Built
2026
Price
$2,298,818 CAD
Price Per SF
$709.51 CAD
Cap Rate
5.25%
NOI
$120,691 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.14 AC
Zoning
PAD - PAD Planned Area Commercial
Frontage
537’ on Cactus
Amenities
- Signage
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Contacts
-
Patrick Luther -
Matthew Mousavi -
Ed Beeh -
Chuck Gibson -
Robbie Petty -
SRS National Net Lease
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Take 5 Oil Change | 16540 W Cactus Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.