Tires Plus | "A" Rated Investment Grade Tenant | Low Rent | Louisville MSA
Radcliff, KY
Take 5 Oil Change | Corporate Abs. NNN GL
1485 North Dysart Road, Avondale, AZ 85323
Price: $2,250,000
Status: Available
Cap Rate: 5.38%
Year Built: 2023
NOI: $121,000
Lot Size: 0.77 acres
Price Per Foot:
Lease Type: Absolute NNN Ground Lease
Remaining Term: 13+
GLA: 1,493 sqft
Property Intro
Lee & Associates is pleased to present an investment opportunity in a Take 5 Oil Change located in Avondale, Arizona. This corporate-operated asset is backed by Driven Brands, Inc., one of the largest automotive services companies in the U.S., and benefits from a long-term absolute triple-net (NNN) ground lease offering passive, worry-free income with no landlord responsibilities.
Built in 2023, the property features a 13-year lease with 10% rent increases every 5 years, including renewal options—providing built-in rental growth and strong tenant commitment. Strategically positioned as an outparcel to a high-traffic Home Depot and Sam’s Club-anchored center, the site sees exposure to over 5.4 million annual visitors and benefits from consistent consumer draw.
Located at the signalized hard corner of I-10 (219,000 VPD) and Dysart Road (57,000 VPD), this high-visibility asset sits at a key gateway into the Phoenix metro area. It is surrounded by dense residential neighborhoods, national retailers, and active commercial developments, ensuring a strong customer base.
Avondale continues to see significant population growth, with over 226,000 residents within a 5-mile radius and an average household income exceeding $118,000. The area's expanding industrial and healthcare sectors, along with robust demographic trends, make this a compelling opportunity for investors seeking stability, growth, and minimal management in a thriving submarket of Phoenix.
Built in 2023, the property features a 13-year lease with 10% rent increases every 5 years, including renewal options—providing built-in rental growth and strong tenant commitment. Strategically positioned as an outparcel to a high-traffic Home Depot and Sam’s Club-anchored center, the site sees exposure to over 5.4 million annual visitors and benefits from consistent consumer draw.
Located at the signalized hard corner of I-10 (219,000 VPD) and Dysart Road (57,000 VPD), this high-visibility asset sits at a key gateway into the Phoenix metro area. It is surrounded by dense residential neighborhoods, national retailers, and active commercial developments, ensuring a strong customer base.
Avondale continues to see significant population growth, with over 226,000 residents within a 5-mile radius and an average household income exceeding $118,000. The area's expanding industrial and healthcare sectors, along with robust demographic trends, make this a compelling opportunity for investors seeking stability, growth, and minimal management in a thriving submarket of Phoenix.
investment highlights
- Take 5 Oil Change – Corporate Driven Brands, Inc. Affiliate
- Built in 2023 – Long-Term Absolute Triple-Net (NNN) Ground Lease – 10% Rent Increases
- Strategic Location – Dense Retail Corridor – Outparcel to High Traffic Home Depot & Sam’s Club Anchored Center
- High Traffic Location – Located Off I-10 (219,000 VPD) & Dysart Rd (57,000 VPD) – Hard Corner Signalized Intersection
- Strong Demographics – Growing Population – Phoenix MSA
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