This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Take 5 Oil Change | 15-Yr NNN 2250 AZ Highway 95

1,438 SF Retail Building Bullhead City, AZ 86442 £1,705,339 (£1,186/SF) 6% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • 6.62% average cap rate/all cash return over the primary lease term
  • New 15-year lease at Close of escrow with 10% rent increases every 5 years, beginning in year 6
  • Outparcel to City Square shopping center (anchored by Smart N Final & Hobby Lobby), the dominant retail center serving the trade area
  • Absolute triple net lease | Zero landlord responsibilities
  • Guaranty from a High-growth operator | On Track for ±50 locations in this territory by end of 2024
  • Across from planned 300 acre City Center mixed use Development w/ 2,100 res units, retail, hospital, hospitality uses

EXECUTIVE SUMMARY

ARIZONA BROKER OF RECORD-In Cooperation With Arizona Broker Of Record-THOMAS J. PANCRAZI - Pancrazi Real Estate Services, Inc. - License No. 009183000.
Faris Lee Investments is pleased to present the opportunity to acquire the brand-new, state-of-the-art construction Take 5 Oil in Bullhead, AZ

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,438 SF
Building Class
C
Year Built
2022
Price
£1,705,339
Price Per SF
£1,186
Net Initial Yield
6%
NOI
£102,313
Tenancy
Single
Number of Floors
1
Building FAR
0.05
Lot Size
0.72 AC
Zoning
Commercial
Parking
9 Spaces (6.26 Spaces per 1,000 SF Leased)
Frontage
82 ft on Arizona 95

NEARBY MAJOR RETAILERS

Smart & Final
Dutch Bros
Perkins
Planet Fitness
Rent-A-Center
Buffalo Wild Wings
Chase Bank
National Bank of Arizona
Bank of America
Smith's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
220-51-001G
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£120,330
  • Listing ID: 30143595

  • Date on Market: 21/11/2023

  • Last Updated:

  • Address: 2250 AZ Highway 95, Bullhead City, AZ 86442

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}