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
Download Brochure Submit Offer
  • 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