$2,825,000
El Mirage, AZ 85335
MLS# 7022085
1 / 23
Property Description
Secure a high-visibility, ''hands-off'' investment with this fully occupied NNN property. Strategically located at the northeast corner of Grand Avenue and Greenway Road, this 10,930 Sq. Ft. building sits on a 1.25-acre lot within the established Grand Auto Center. Built in 2006, this asset offers modern construction paired with a stable NNN lease structure, ideal for passive investors or 1031 exchange buyers. The site features 37 parking spaces and premium frontage along US-60, capturing heavy daily traffic in El Mirage's most active commercial hub. With UC zoning and over 54,000 Sq. Ft. of land, this property delivers both immediate cash flow and long-term value in a rapidly expanding trade area.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $2,825,000
List Price: $2,825,000
Status: Active
List Date: 2026-05-01
Location, Tax & Legal
Assessor's Map #: 13
Legal Description (Abbrev): LOT 3 GRAND AUTO CENTER MCR 105241
Assessor's Parcel #: 822
Add'l Parcels: No
Tax Municipality: El Mirage
Census Tract: 60901
Taxes: 20996
Legal: LOT 3 GRAND AUTO CENTER MCR 105241
House Number: 12555
Compass: NW
Street Name: GRAND
St Suffix: Avenue
City/Town Code: El Mirage
State/Province: AZ
Zip Code: 85335
Zip4: 9777
Country: US
County Code: Maricopa
Subdivision: GRAND AUTO CENTER
Assessor Number: 509-13-822
Tax Year: 2025
General Property Description
Ttl Apx SqFt Bldg: 10930
# of Buildings: 1
Uncvrd Parking Spcs: 37
Flood Zone: No
Year Built: 2006
Zoning: UC
Currently Not Used
Sold Price Per SqFt: 258.46
Legal Info
Range: 1W
Section: 11
Township: 3N
Lot Number: 3
Construction
Block: 1
Brick: 1
Roofing
Built-Up: 1
Floors
Laminate: 1
Tile: 1
Concrete: 1
Ceramic Tile: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 20996
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 183334
Building Type
Commercial: 1
Business Type
Retail: 1
Pmt & Rate Info
Cap Rate: 6.49
Equity: 2825000
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
None: 1
Ceiling Height
12.1 Feet to 14 Feet: 1
Heating
Forced Air: 1
Heat Pump: 1
Cooling
Heat Pump: 1
Office Evap: 1
Warehouse Evap: 1
Interior Features
Smoke Detector(s): 1
Private Restrooms: 1
Loading Facilities
Grade Level: 1
Exterior
Corner Lot: 1
Building Sign: 1
Sidewalk(s): 1
Source of Fincl Data
Owner: 1
Fencing
None: 1
Water Source
City Franchise: 1
Building Features
Accessible Entrance: 1
Sewer
Sewer - Public: 1
Parking Features
Parking Lot: 1
Private: 1
Paved: 1
Electric
SRP: 1
Gas
City Gas: 1
New Financing
Cash Only: 1
1031 Exchange: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Appraisal: 1
Environmental
None: 1
Remarks Misc
Cross Street: Grand Ave & Greenway Rd
Directions: Located at the Northeast corner of Grand Avenue and Greenway Road. Access via Greenway Road or the Grand Avenue frontage.
Geo Lat: 33.623025
Geo Lon: -112.332559
Income Expenses
Gross Annual Sch Inc: 183334
Net Operating Income: 183334
Property Features
Building Type: Commercial
Business Type: Retail
Construction: Block; Brick
Roofing: Built-Up
Floors: Laminate; Tile; Concrete; Ceramic Tile
Ceiling Height: 12.1 Feet to 14 Feet
Heating: Forced Air; Heat Pump
Cooling: Office Evap; Warehouse Evap; Heat Pump
Loading Facilities: Grade Level
Interior Features: Smoke Detector(s); Private Restrooms
Exterior: Corner Lot; Building Sign; Sidewalk(s)
Fencing: None
Building Features: Accessible Entrance
Parking Features: Parking Lot; Private; Paved
Electric: SRP
Gas: City Gas
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash Only; 1031 Exchange
Lockbox Type: None
Source of Fincl Data: Owner
Environmental: None
Listing Office: Russ Lyon Sotheby's International Realty
Last Updated: May - 01 - 2026
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