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Big O Tires 11429 N Saguaro Blvd 4,740 SF Retail Building Fountain Hills, AZ 85268 $1,200,000 ($253.16/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.
- Annual Increases: $6,000 annual rent bumps during the base term; 2% annual escalations in option periods.
- Proven Operator: Tenant in place since 2000, backed by a personal guaranty.
- Absolute NNN Lease: No landlord responsibilities.
- Residential Strength: Average home value in Fountain Hills exceeds $700,000, reflecting the area’s affluence.
EXECUTIVE SUMMARY
Introducing Big O Tires, a prime commercial property located at 11429 N Saguaro Blvd, Fountain Hills, AZ 85268. Ideal for investors seeking a lucrative opportunity, this property boasts a strategic location with high visibility and accessibility.
The property is surrounded by a thriving retail district, offering a fantastic chance for businesses to flourish. With a detailed property summary, valuable property details, and notable property highlights, it is evident that Big O Tires presents a promising investment prospect.
The provided regional, retailer, and aerial maps offer a comprehensive understanding of the property's location and its potential. Prospective buyers are encouraged to conduct their own due diligence to verify information and explore the property's full potential.
Don't miss this opportunity to own a premium commercial property in a desirable location. Big O Tires invites you to envision the endless possibilities that await at this remarkable address in Fountain Hills, AZ.
The property is surrounded by a thriving retail district, offering a fantastic chance for businesses to flourish. With a detailed property summary, valuable property details, and notable property highlights, it is evident that Big O Tires presents a promising investment prospect.
The provided regional, retailer, and aerial maps offer a comprehensive understanding of the property's location and its potential. Prospective buyers are encouraged to conduct their own due diligence to verify information and explore the property's full potential.
Don't miss this opportunity to own a premium commercial property in a desirable location. Big O Tires invites you to envision the endless possibilities that await at this remarkable address in Fountain Hills, AZ.
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
$1,200,000
Price Per SF
$253.16
Cap Rate
6%
NOI
$72,000
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 |
| Land Assessment | $0 | Total Assessment | $98,051 |
PROPERTY TAXES
Parcel Number
176-08-469A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$98,051
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Big O Tires | 11429 N Saguaro Blvd
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