Description
Zero Landlord Responsibilities:
-Single Tenant, Ground Lease Investment Opportunity - Jiffy Lube.
-Extremely Profitable Location for Corporate Operator
-5.5 Years Remaining on Current Lease - Term with 2-5 Yr Options.
-Tenant Showing Strong Commitment to Site - Extended Base Term Early.
-Proven Retail Location - In Operation at this Location. Since 1988 Attractive 3% Rental Increases Yearly.
-Rare Corporate Guarantee with Shell Oil.
Highly Trafficked Site - Combined 70,000+ AADT (W Bell Rd. & N 15th Ave.)
-Densely Populated Area - Over 168,791 Residents within 3 Mile Radius.
-High Growth Area - 14% Expected Growth in Population for 5 Mile Radius.
Location
The ARMLS logo indicates a shared property that may be listed by a real estate brokerage other than the Russ Lyon Sotheby's International Realty. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Updated: 1st June, 2023 5:09 PM (UTC)
Listing Office: West USA Realty