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Gilbert, AZ 85298
Super Star Car Wash Sale-Leaseback
Property Address
4861 South Val Vista Drive, Gilbert, AZ 85298, USA
Offering Summary
Price:
$5,866,667
Lot Size:
1.20 Acres
Cap Rate:
6.00%
Year Built:
2019
Building SF:
4,353
Status:
Available
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Broker
Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
10 Percent Rental Increases Every Five Years
246,656 Residents within a Five-Mile Radius in the Phoenix MSA
Property Qualifies for 80 Percent Year One Bonus Depreciation or 15-Year Accelerated Depreciation Per IRS 1250 Property Designation
Rapidly Growing Trade Area with Households and Population Projected to Increase 23 Percent in the Immediate Area by 2027
More Than 43,000 Cars per Day at the Corner of Val Vista Drive and Queen Creek Road
Average Household Income Exceeds $158,000 within a Three-Mile Radius
Surrounded by New Development and Major National Retailers, Including Planet Fitness, Jack in the Box, McDonald's, Black Rock Coffee, and More
Broker Information
Zack House
Agent
Phone Number:
602.687.6650
zhouse@marcusmillichap.com
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
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