Scottsdale Coldwell Banker Real Estate

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1414 W BELL RoadPhoenix, Arizona AZ85023-3427

Listing ID6521331

0.600 Acres

$1,506,982

Zero Landlord Responsibilities: -Single Tenant, Ground Lease Investment Opportunity - Jiffy Lube. -Extremely Profitable Location for Corporate Operator -5 Years Remaining on Current Lease - Term with 2-5 Yr Options. -Tenant Has Strong Commitment to Site - Extended Base Term Early. -Proven Retail Location - In Operation at this Location. Since 1988 Attractive 3% Rental Increases Yearly. -Rare Corporate Guarantee with Shell Oil. Highly Trafficked Site - Combined 70,000+ AADT (W Bell Rd. & N 15th Ave.) -Densely Populated Area - Over 168,791 Residents within 3 Mile Radius. -High Growth Area - 14% Expected Growth in Population for 5 Mile Radius.
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