Pep Boys NNN Property For Sale — Phoenix, AZ
4737 East Union Hills Drive, Phoenix, AZ 85050
This Pep Boys absolute NNN lease investment offers a prime retail location in Phoenix, Arizona. Positioned on a highly trafficked retail corridor, the property benefits from strong surrounding demographics and proximity to major national retailers such as Home Depot, Walmart Supercenter, and Target. The tenant, Pep Boys, has a strong commitment to the automotive repair industry, as evidenced by their acquisition of 134 Just Brakes locations. The property is strategically located near major employers and key transportation arteries, including Loop 101 and State Route 51, ensuring continued strong visibility and accessibility. This offering presents an excellent opportunity to acquire a stable asset with zero landlord responsibilities in a growing market.
- Address: 4737 East Union Hills Drive, Phoenix, AZ 85050
- Asking price $1.78M
- 6.40% cap rate
- NOI $114,000
- 4 years remaining
- NNN lease
Asset type: Retail