Published on: Tuesday, September 3, 2024
Updated on: Tuesday, September 3, 2024
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About the Lister
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Name: Tim Westfall
Company: Echo West Capital Advisors
Office Phone: 602.628.6298
Cell Phone: 602.628.6298
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  Kwik Kar Auto Shop
8724 Benbrook Blvd Benbrook Texas , 76126
8724 Benbrook Blvd Benbrook Texas                                                                                               , 76126 Echo West Capital Advisors
Listing ID: CL-Texas-11682

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 6.25
Net Operating Income: $138,000
Commission Split (%): 0
Quick Glance
Listing ID: CL-Texas-11682
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 2017
Building Size: 2,070 SqFt
Lot Size: 2,070 SqFt.
No of Stories: 1
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: Yes
Property On Ground Lease: No
Building Status: Existing
Listing Summary
This property features a brand new 15-year Absolute NNN lease with 10% rental increases every 5 years, offering a hands-off investment opportunity.
Complete Details
Year Build: 2017
Building Size: 2,070 SqFt.
No of Stories: 1
Total Lot Area: 2070 SqFt.
No of Parking: N/A
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: A
Property on Ground Lease?: No
Net Lease Investment?: Yes
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
This property features a brand new 15-year Absolute NNN lease with 10% rental increases every 5 years, offering a hands-off investment opportunity. Located in Goodyear, AZ, it boasts prime street frontage on McDowell Road near I-10, with nearly 215,000 vehicles passing daily. Situated in a bustling retail hub with over 1 million square feet of retail space, including anchors like Hobby Lobby and TJ Maxx, the property is in a high-growth area. Goodyear is one of the fastest-growing cities in the U.S., with over 163,578 residents within 5 miles and an average household income of $100,000+. Set for completion in early 2024, the freestanding drive-thru will house Roll Em Up Taquitos, a rapidly expanding Mexican QSR brand. Its strategic location at a signalized corner near the new Civic Square development in Goodyear further enhances its appeal.
Additional Properties
Property Tenants
  • Brand/Tenant Kwik Kar
  • Lease Term 15 years
Property Highlights
  • The subject property features strong real estate fundamentals being an outparcel to a high performing Walmart Supercenter, creating a consistent flow of business for this Kwik Kar location. This site sits prominently on Benbrook Boulevard, a primary arter
  • his Kwik Kar location is one of the better performing 3-bay oil & lube facilities in the entire state of Texas year-over-year. Please inquire with the broker for further details on unit levels and overall site performance.
  • Fee simple investment allows the prospective investor to take advantage of either a 15-year accelerated depreciation or 60% bonus depreciation in 2024 (Consult with your CPA).
Listing Location
Attached Documents
  • Download | Kwik Kar OM - Benbrook, TX Sept 2024.pdf ( 9,126.59KB)
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