Phoenix, AZ 85023

Jiffy Lube Ground Lease

Property Address

1414 West Bell Road, Phoenix, AZ, USA

Offering Summary

  • Price: $1,264,810
  • Lot Size: 0.60 Acres
  • Cap Rate: 6.75%
  • Year Built: 1988
  • Building SF: 3,140
  • Status: Available
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  • 4 Years Remaining on Triple-Net (NNN) Ground Lease
  • 3% Annual Increase with Multiple Renewal Options
  • 331,609 Residents within a 5-Mile Radius
  • Excellent Frontage and Accessibility Along West Bell Road (38,000+ Cars per Day), a Major East-West Arterial Road Serving the Northern Phoenix MSA
  • Average Household Income Exceeds $82,000 in the Immediate Area

Broker Information