1265 E Pecos Rd
Gilbert, AZ 85297
Service King Collision Repair NNN Lease · Retail Property For Sale

In association with Dennis Black, Licensed Arizona Broker. The Kase Group is pleased to offer the opportunity to acquire the 100% fee simple interest in an absolute net lease Service King Collision Repair in Gilbert (Chandler), Arizona. The tenant has a new 20-year lease that calls for zero landlord obligations. The 100% fee simple interest in the underlying land and building is being offered. The tenant has four 5 year options to renew and scheduled increases every five years including at the option periods. Gilbert is a town in Maricopa County, Arizona, located southeast of Phoenix, within the Phoenix metropolitan area. It is the sixth-largest municipality in Arizona, and the fifth-largest in the Metropolitan Phoenix Area. Gilbert encompasses 76 square miles and has made a rapid transformation from an agriculture-based community to an economically diverse suburban center located in the southeast valley of the Greater Phoenix area. In the last three decades, Gilbert has grown at an extremely high rate, increasing in population from 5,717 in 1980 to 208,453 as of the 2010 census. The town grew at an average annual growth rate of nearly 13% during this 30-year period.