Gilbert, AZ 85297

Cobblestone Auto Spa

Property Address

South Lindsay Road & East Germann Road, Gilbert, AZ, USA

Offering Summary

  • Price: $2,286,000
  • Lot Size: 50,638 SF
  • Cap Rate: 5.25%
  • Year Built: 2025
  • Building SF: 3,600
  • Status: Available
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  • Brand New 20-Year Absolute Triple-Net (NNN) Ground Lease - 2025 Construction
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • High-Traffic Location at the Corner of Lindsay and Germann Roads - 54,350+ Combined Cars per Day
  • 314,534 Residents within a 5-Mile Radius - Growing Trade Area in the Phoenix MSA
  • Households and Population Projected to Increase Roughly 13% within 1 Mile by 2029
  • Immediate Access to the Loop 202 Freeway via a Recently Completed Diamond Interchange, Providing Direct Connection to Phoenix's East Valley
  • Affluent Trade Area - $183,000 Average Household Income in the Immediate Area
  • Adjacent to New Multifamily Developments and Industrial/Business Parks, Including Town Germann, a New Luxury Townhome Community with ±209 Units
  • Located Next to a Brand New 7-Eleven Gas Station and Convenience Store Under Construction, Driving Increased Traffic to This Intersection

Broker Information