Used car lot and used car sales. This property is leased on a NNN lease and is an ideal investment opportunity offering phenomenal 9.3% cap rate. The current tenants lease is up but wants to sign a new 5 year lease if you are looking for an investment. If you are an owner occupier it can be vacant within 30 days. This lot has been consistently leased for years on a triple net lease offering a great return. The previous tenant grossed over $3M per year. Includes mechanics car lift, prominent neon and fluorescent pole sign. Well lit sales area. Holds 52 cars. Prime location on busy Camelback Rd just east of I-17. High traffic count. Next to Discount Tire, near Bill Luke Chrysler Jeep and 3 blocks from the Light Rail. Opposite new mall development.
Full Property Details
Full Property Details for 2226 W Camelback Rd
MLS ID: 5920608
Added: 20 day(s) ago
Interior Features: Finished
Exterior Features: Storage Yard, Pole Sign, Building Sign, Security Lighting
Total Spaces: 52
Parking Type: Paved Parking
Cross Streets: Camelback & 22nd Ave
Driving Directions: West on Camelback from 19th Ave or East from I-17.
Heating & Cooling
Cooling Type: Central Air Conditioning, Office A/C
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2226 W Camelback Road, Phoenix, AZ 85015 (MLS# 5920608) is a
2226 W Camelback Road is currently listed for $769,000 and was received on May 04, 2019.
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