Kaizen Collision & Masterwerks

• Annual Rental Increases – Both leases feature 2.0% annual rental escalations, providing investors with built-in income growth throughout the remainder of the lease terms.
• No Tenant Renewal Options – The leases contain no renewal options, providing future ownership with the opportunity to adjust rents or reposition the asset upon lease expiration.
• Attractive Going-In Yield – Offered at a 7%+ cap rate, the property presents investors with a compelling yield relative to comparable automotive and net lease investment opportunities.
• Established Automotive Tenancy – Masterwerks has successfully operated at this location for approximately 30 years, while Kaizen Collision has occupied the property since 2019, demonstrating a proven operating history and long-term commitment to the site.
• Multiple Buildings & Flexible Bay Configuration – The two buildings feature 10 total roll-up doors across 9 double bays and 1 oversized bay, supporting high-volume users and offering room for growth — whether for existing tenants or future retenanting.
• Strategic North Phoenix Location – Well-positioned along Deer Valley Road near Interstate 17, the property benefits from excellent accessibility and is located just minutes from Phoenix Deer Valley Airport and the rapidly expanding North Phoenix employment corridor.
• Proximity to TSMC Manufacturing Campus – Located near TSMC’s $165+ billion semiconductor campus, one of the nation’s largest economic development projects, supporting continued employment, population growth, and long-term demand throughout the surrounding area.