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1085 S Cooper RdChandler, AZ 85286
Kerry's Car Care
Asset ClassRetail
A New Construction Absolute NNN Leased Investment Opportunity
overview of deal

Overview

Newmark Capital Markets, as exclusive advisor, is pleased to present the opportunity to acquire Kerry’s Car Care at 1085 S Cooper Road (the Property), a 8,409-square-foot auto repair shop in Chandler, AZ.

 

This unique investment consists of a single tenant on an absolute NNN lease. This new construction site sits on approximately 1.56 acres, just south of the south east corner of Cooper Road and Pecos Road with excellent visibility to more than 26,000 vehicles per day. In addition, the asset is located less than one mile north

of the Loop 202 Freeway seeing traffic counts of over 147,000 vehicles per day. Located 1.5 miles north of the Chandler Airpark Employment Corridor, Kerry’s Car Care offers an investor the rare opportunity to acquire a stable asset with 19+ years remaining on the primary lease term in a rapidly growing part of Chandler.

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Investment Highlights

  • Brand New, High Quality Construction
  • Absolute NNN Lease Structure With Zero Landlord Responsibilities
  • 19+ Years Remaining on Initial Lease Term
  • Corporate Guaranteed Lease Backed by Drive Automotive Services
  • High Household Incomes Average $135,242 Within a 3-Mile Radius
  • Strong Residential Area With a Population Increase of 6.5% Since 2020
  • The Chandler Airpark Employment Corridor Has Over 4,000 Employeees and is Adding 1,850 Jobs Year Over Year

Property Summary

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Total Building Area
8,409 SF
Lot Size
1.56 acres
Year Built
2023
Parcel Number
303-30-006V
Renewal Options Remaining
Four
Lease Term Remaining
19+ Years
Rent Increases
10% every 5 years
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1085 S Cooper RdChandler, AZ 85286
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Listing provided by Revere CRE