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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
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Zack House
Agent
Phone Number:
602.687.6650
zhouse@marcusmillichap.com
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