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SWC Lindsay Road & Germann Rd - Cobblestone Auto Spa - Abs NNN Ground Lease 3,600 SF Specialty Building Offered at $2,286,000 at a 5.25% Cap Rate in Gilbert, AZ 85297
INVESTMENT HIGHLIGHTS
- Brand New 20-Year Absolute Triple-Net (NNN) Ground Lease - 2025 Construction
- High-Traffic Location at the Corner of Lindsay and Germann Roads - 54,350+ Combined Cars per Day
- Households and Population Projected to Increase Roughly 13% within 1 Mile by 2029
- 10% Rental Increases Every 5 Years with Multiple Renewal Options
- 314,534 Residents within a 5-Mile Radius - Growing Trade Area in the Phoenix MSA
- Immediate Access to the Loop 202 Freeway via a Recently Completed Diamond Interchange, Providing Direct Connection to Phoenix's East Valley
EXECUTIVE SUMMARY
Founded in Arizona in 1997, Cobblestone is a premier car care destination with roughly 112 locations throughout Arizona and Colorado. Cobblestone's goal is to deliver a fast, high quality to its customers, while at the same time delivering excellent customer service.
As part of the Phoenix MSA, Gilbert, Arizona has evolved into one of the fastest growing communities and the largest town in the United States. Encompassing 72.6 square miles, just southeast of Phoenix, Gilbert has transformed from an agricultural community to a thriving and economically-diverse suburban community.
As part of the Phoenix MSA, Gilbert, Arizona has evolved into one of the fastest growing communities and the largest town in the United States. Encompassing 72.6 square miles, just southeast of Phoenix, Gilbert has transformed from an agricultural community to a thriving and economically-diverse suburban community.
PROPERTY FACTS
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PROPERTY TAXES
| Parcel Number | 304-56-938 | Improvements Assessment | $0 |
| Land Assessment | $42,073 | Total Assessment | $42,073 |
PROPERTY TAXES
Parcel Number
304-56-938
Land Assessment
$42,073
Improvements Assessment
$0
Total Assessment
$42,073
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SWC Lindsay Road & Germann Rd - Cobblestone Auto Spa - Abs NNN Ground Lease
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