Phoenix, AZ 85044

Sun Devil Auto

Property Address

5104 East Ray Road, Phoenix, AZ, USA

Offering Summary

  • Price: $2,750,000
  • Lot Size: .57 Acres
  • Year Built: 1993
  • Building SF: 5,795
  • Status: Closed
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  • Absolute Triple-Net (NNN) Corporate Lease - 21 Years Remaining on Lease Term
  • 1.5% Annual Rental Increases
  • 209,108 Residents within a 5-Mile Radius - Situated in the Heart of Phoenix’s Growing Ahwatukee Community
  • Sun Devil Auto is Now Part of GB Auto Service, Inc. (180+ Unit Operator) - GB Auto Service Inc. is a Portfolio Company Under the Multi-Billion Dollar Private Equity Firm, Greenbriar Equity Group, LP
  • Average Household Income Exceeds $113,000 within a 3-Mile Radius
  • Located in Ahwatukee Foothills Park Place Shopping Center - Major Retailers at the Intersection Include Target, Sprouts Farmers Market, Best Buy, HomeGoods, AMC Theater, JCPenney, Mountainside Fitness, etc.
  • Situated within a Dense Retail Corridor Along the 1-10 Freeway, Home to Several Shopping Centers Including Ahwatukee Foothills Towne Center, Chandler Pavilions, and The Shoppes at Casa Paloma
  • Immediately Off the I-10, Adjacent to the Freeway Off-Ramp (Nearly 200,000 Cars/Day)
  • Positioned Along a Major East-West Arterial Thoroughfare - Visible to 43,070+ Cars/Day Along Ray Road
  • Strong Daytime Population - 269,926 Employees in Surrounding Area

Broker Information