2226 W CAMELBACK Road, Phoenix, Arizona
2226 W CAMELBACK Road, Phoenix, Arizona 85015 - 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. 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.
Listing Courtesy of Century 21 Arizona Foothills