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1645 N 51ST Avenue
Phoenix AZ 85035 US

$1,899,000

Active Listing ID 7070585
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1,936 square feet
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Lot: 0.38 Acres
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$1,899,000

Active Listing ID 7070585
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1645 N 51ST Avenue ABSOLUTE NNN - JIFFY LUBE, a single-tenant leased property strategically located at 1645 North 51st Avenue in Phoenix, Arizona. This absolute NNN investment offers a rare opportunity to acquire a zero-management asset with long-term, contractually escalating income. This is a long-standing tenant operating at the location since 2008. Tenant covers all building and property maintenance, including roof, structure, taxes, parking, etc. +/-1, 936 SF freestanding automotive service building on +/-0.38 acres. Excellent Visibility on North 51st Avenue, just north of West McDowell Road. 33, 435 Vehicles Per Day along N. 51st Avenue adjacent to the property, providing exceptional exposure for a high-volume automotive corridor. Strong automotive oriented location surrounded by complementary automotive, retail, residential and industrial uses, supporting consistent customer demand. 157, 552 Residents live within a 3-mile radius, creating a dense and established customer base. Minutes from Interstate 10, offering convenient regional access throughout the Phoenix Metro. Located in a mature infill trade area surrounded by national retailers, industrial employment, and dense residential neighborhoods. Single Tenant, Absolute NNN Leased Investment Opportunity - Jiffy Lube Extremely Profitable Location for Operator 4.5 Years Remaining on current term with 2-5 Yr Options Proven Retail Location - In Operation at this Location Since 2008 Attractive 5% Rental Increases in 2028 and Each Option Period Corporate Owned

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Property Features

  • Facts
  • Lot Size: 0.38 Acres
  • Property Type: Residential
  • Property Sub-type: Other
  • Features
  • Floor Covering: Vinyl, Concrete
  • Roof Type: Rolled Hot Mop

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 1899000
  • unparsedaddress: 1645 N 51ST Avenue
  • postalcity: Phoenix
  • stateorprovince: AZ
  • country: US
  • postalcode: 85035
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.38
  • lotsizeunits: Acres
  • lotsizearea: 0.38
  • livingarea: 1936
  • livingareaunits: Square Feet
  • latitude: 33.467678
  • longitude: -112.168739
  • listagentfullname: Brett Nicholas
  • listagentemail: bnicholas@fineprop.com
  • listagentkey: 3yd-ARMLSAZ-bn114
  • listagentmlsid: bn114
  • listagentpreferredphone: 6025272929
  • listagentofficephone: 6025272929
  • listofficekey: 3yd-ARMLSAZ-rmfp03
  • listofficemlsid: rmfp03
  • disclaimer: Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: ARMLSAZ
  • yearbuilt: 1987
  • listingcontractdate: 2026-08-24
  • listagenturl: http://www.fineprop.com
  • countyorparish: Maricopa
  • parcelnumber: 103-20-003-W
  • constructionmaterials: Stucco
  • flooring: Vinyl, Concrete
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • roof: Rolled Hot Mop
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -112.16874, 33.467678
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX Fine Properties", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"info@fineprop.com", "ListBrokerageCity":"Scottsdale", "ListBrokerageCountry":"US", "ListBrokerageEmail":"skarpen@fineprop.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/c5ababf02218ad1d012218cf42bf0082k-c3033930197r.gif", "ListBrokerageName":"RE/MAX Fine Properties", "ListBrokeragePhone":"(480) 792-9500", "ListBrokeragePostalCode":"85255", "ListBrokerageStateOrProvince":"AZ", "ListBrokerageUnitNumber":"Suite 100", "ListBrokerageUnparsedAddress":"21000 N Pima Rd", "ListBrokerageWebsiteUrl":"http://www.fineprop.com", "ListOfficeAddress1":"21020 N Pima Rd. ", "ListOfficeAddress2":"Suite 100", "ListOfficeBrokerMlsId":"rmfp03", "ListOfficeCity":"Scottsdale", "ListOfficeCountry":"US", "ListOfficeEmail":"gremmers@fineprop.com", "ListOfficePostalCode":"85255", "ListOfficeStateOrProvince":"AZ", "ListPriceCurrencyType":"USD", "ListingTitle":"Comm/Industry Sale, Phoenix, AZ", "ListingURL":null, "MLSModificationTimestamp":"2026-08-24 19:09:32", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":8176, "TaxDescription":"BEG 561.52F N SW COR SD SEC E 180F N 116F W 180F S 116F EX W 40F & EX 12F RAD IN NW COR", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/24/2026 7:18:15 PM GMT
Source Updated Date: 8/26/2026 1:01:53 AM GMT

Courtesy of: Brett Nicholas, RE/MAX Fine Properties, bnicholas@fineprop.com

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.