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245 W Ocotillo Rd
Chandler, AZ 85248 Ocotillo

Price Upon Request

Auto Repair For Sale  •  8,685 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 8,685 SF
  • Lot Size 1.57 AC
  • Building Class B
  • Year Built 2005
  • Tenancy Multiple
  • Zoning PAD
19 Transit Score
56 Walk Score

Highlights

100% Occupied Two-Tenant Outparcel: Strong triple net (NNN) leases in prime retail corridor of Chandler.
Investment Grade Tenancy: O’Reilly (S&P: BBB) Naturally Exercised 1st Option after 15-Years of Occupancy: 75% GLA occupied by Investment Grade Credit.
Brand New Lease Extensions: Jiffy Lube through 2032 and O'Reilly through 2035.
Strategic Location: Outparcel to Lowe’s anchored center with national tenants.
Chandler Experiencing Massive Population Growth: 70% within 1-mile radius and 33% within 3-mile radius since 2010.
Extremely Advantageous Demographics: $135,000 average annual household income, 90,000 population within 3 miles.

Amenities

  • 24 Hour Access
  • Dedicated Turn Lane
  • Signage

Public Transportation

AirportDriveWalkDistance
Phoenix-Mesa Gateway 24 min - 14.2 mi
Phoenix Sky Harbor International 33 min - 22.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 77
Type: Surface
Included in Rent: Yes