This listing is under contract.
Just Listed: Midas Peoria, AZ | $1.350M
6845 West Peoria Ave
Peoria, AZ 85345
UNDER CONTRACT FOR SALE NNN Property
Property Type:Single Tenant Retail (NNN)
Last Verified:May 29, 2020
- Single-tenant Midas investment opportunity, offering a triple-net (NNN) lease with ±4 years remaining.
- 2019 population of ±396,818 in a five-mile radius (Source: Esri).
- Founded in 1956, Midas has grown to over 2,100 locations worldwide. In 2019, Midas was named the top automotive aftermarket repair brand by Newsweek Magazine, and in 2020, was ranked #199 on Entrepreneur's Franchisee 500 List.
- Midas Realty Corporation has an option to lease the Property if the current Franchisee Agreement terminates or expires, showing their commitment to the location.
- Nearby national retailers include Walmart Neighborhood Market, AutoZone, O’Reilly Auto Parts, Starbucks, Chase Bank, McDonald’s, KFC, Taco Bell, and many more.
- Major employers in the area include: Peoria Unified School District (±1,640 employees), City of Peoria (±1,570 employees), Fry's Food Stores (±720 employees), Target Stores, Inc. (±380 employees), and Immanuel Campus of Care (±330 employees).