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Long Term Absolute NNN Kerry's Car Care 1085 S Cooper Rd

8,409 SF Retail Building Chandler, AZ 85286 $6,246,050 CAD ($743 CAD/SF) 6% Cap Rate

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Investment Highlights

Long term primary lease term - ±19 years remaining
Corporate Guaranty
Strong average annual incomes of $143,759 in a 3 mile radius

Absolute NNN lease – zero landlord responsibilities
New Construction
Densely populated trade area with over 325,000 residents in a 5 mile radius

Executive Summary

INVESTMENT HIGHLIGHTS
• Long term primary lease term - ±19 years remaining
• Absolute NNN lease – zero landlord responsibilities
• Corporate Guaranty
• New Construction
TENANT HIGHLIGHTS
• Better Business Bureau Rating: A+
• Kerry’s has been doing business for almost 30 years with 8 locations in Arizona
• Drive Automotive Services, the parent company had a net revenue of $69.93M in 2023
• Drive Automotive Services has 43 locations under 8 different brands with projections of opening another 75 locations in the next 3 years
LOCATION HIGHLIGHTS
• Strong average annual incomes of $143,759 in a 3 mile radius
• Densely populated trade area with over 325,000 residents in a 5 mile radius
• Less than 1 mile from the Chandler Auto Park, a major revenue generator for Kerry’s with dealerships such as Porsche, Audi, Volvo, Mercedes-Benz, Cadillac, and more
• ±1 mile from Chandler Municipal Airport, a $110M annual economic driver for Arizona
• Frontage at the intersection of Cooper Rd and Pecos Rd(±26,480 VPD)
• Less than 1 mile from Loop 202 Freeway (±147,723 VPD)

Kerrys Car Care_Chandler_1085 S Cooper Rd_OM