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210 W MaGee Rd
Tucson, AZ 85704
OOROO Automotive · Retail Property For Sale
Investment Highlights
- Brand New Absolute NNN 15 Year Lease – Corporate Guaranteed Lease
- 10% Rental Increases Every 5 Years in Primary Term – 3% Annual Inc. in Options
- High Traffic Major Thoroughfare Intersection – Oracle Rdand Magee Rd
- Corporate Guaranteed Lease – OOROO, Inc
- High Income Trade Area – Catalina Hills - Tucson’s Premier Upscale Community
- OOROO Brand was Named to Inc. 5000 List of America’s Fastest-Growing Companies (‘23 & ‘24)
Executive Summary
The Snyder Carlton National Net Lease Team is pleased to offer investors the opportunity to acquire a single-tenant, corporate guaranteed, absolute NNN investment leased to OOROO Auto Care in Tucson, AZ. OOROO operates 10 neighborhood automotive repair shops across the Southern Arizona and the Phoenix East Valley markets and also offers high-quality mobile repair services throughout the state. In 2023 and 2024, the OOROO brand was named to the Inc. 5000 list of America’s Fastest-Growing Companies and was nominated best automotive repair shop in 2024 by the Arizona Daily Star. With a new 15-year lease, two 5-year option periods, strong rent increases, and no landlord responsibilities, this asset is ideal for an investor seeking years of inflation-resistant cash flows. The property just completed a full renovation with over $700K in capital improvements and property upgrades.
The 6,120 SF state of the art automotive repair building with 9 service bays is positioned on a 0.7 acre parcel located at intersection of North Oracle Road and West Magee Road. Located at one of the busiest intersections in Tucson with traffic counts over 67,031 VPD. Adjacent retailers include Whole Foods, Walmart Neighborhood Market, Sprouts Farmers Market, Trader Joe’s, HomeGoods, Marshalls, Kohl’s, Ace Hardware, Bank of America, McDonald’s, Starbucks, Taco Bell, and more.
The property is located at the base of Catalina Hills, which includes Tucson’s most premier upscale communities. The densely populated surrounding trade area has average household incomes over $151,000 in a three-mile radius.
The 6,120 SF state of the art automotive repair building with 9 service bays is positioned on a 0.7 acre parcel located at intersection of North Oracle Road and West Magee Road. Located at one of the busiest intersections in Tucson with traffic counts over 67,031 VPD. Adjacent retailers include Whole Foods, Walmart Neighborhood Market, Sprouts Farmers Market, Trader Joe’s, HomeGoods, Marshalls, Kohl’s, Ace Hardware, Bank of America, McDonald’s, Starbucks, Taco Bell, and more.
The property is located at the base of Catalina Hills, which includes Tucson’s most premier upscale communities. The densely populated surrounding trade area has average household incomes over $151,000 in a three-mile radius.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,120 SF
Building Class
B
Year Built
1989
Price
$2,714,000
Price Per SF
$443.46
Cap Rate
5.75%
NOI
$156,060
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.70 AC
Frontage
227’ on W. Magee Road
Property Taxes
| Parcel Number | 225-14-193D | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $115,303 |
Property Taxes
Parcel Number
225-14-193D
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$115,303
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