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Brakes Plus Sale-Leaseback 1452 E Florence Blvd 4,975 SF Retail Building Casa Grande, AZ 85122 $2,804,000 ($563.62/SF) 5.35% Cap Rate
Investment Highlights
- Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
- Brakes Plus Operates 190+ Locations Across 7 States
- Situated in the Heart of Casa Grande's Primary Retail Corridor, Anchored by Lowe's, The Home Depot, Walmart, Fry's, and More
- 5% Rental Increases Every Five Years with Multiple Renewal Options
- Corporate Guaranty by Mavis Tire Express Services Corp., One of the Largest Independent Automotive Service Businesses in the United States
- High Traffic Location Along East Florence Blvd, Visible by ±35,100 Cars per Day
Executive Summary
Founded in 1990, Brakes Plus offers brake and auto repair services, tire rotation, oil changes, transmission services, and more. Whether it's scheduled maintenance or oil changes, shocks and struts or brake repair/maintenance, Brakes Plus provides customers a service they can trust at a price they can afford. Brakes Plus now has 190 locations and growing across seven states.
Casa Grande is a city in Pinal County, Arizona, halfway between Phoenix and Tucson. The city is home to an estimated 70,150 residents as of 2025. Casa Grande is strategically situated in the southern part of Arizona, conveniently accessible from major cities.
Casa Grande is a city in Pinal County, Arizona, halfway between Phoenix and Tucson. The city is home to an estimated 70,150 residents as of 2025. Casa Grande is strategically situated in the southern part of Arizona, conveniently accessible from major cities.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,975 SF
Building Class
B
Year Built
2025
Price
$2,804,000
Price Per SF
$563.62
Cap Rate
5.35%
NOI
$150,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.58 AC
Frontage
729’ on East Florence Boulevard
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 505-16-291 | Improvements Assessment | $5,907,800 |
| Land Assessment | $2,222,931 | Total Assessment | $8,130,731 |
Property Taxes
Parcel Number
505-16-291
Land Assessment
$2,222,931
Improvements Assessment
$5,907,800
Total Assessment
$8,130,731
Contacts
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Alex Frankel -
Mark Ruble -
Christopher Lind -
Zack House -
Ryan Sarbinoff -
Marcus & Millichap
1 of 6
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Brakes Plus Sale-Leaseback | 1452 E Florence Blvd
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