Meineke Car Care Center

Absolute NNN | Extensive Lease Guarantee | Zero Landlord Responsibilities
Truly Passive Income: Tenant is responsible for all taxes, insurance, and maintenance.
Management-Free: Ideal for out-of-state or passive investors looking for an “armchair” investment in a high-growth Arizona market.
Multi-Layered Guarantee: Non-release structure with cumulative recourse, each tenant remains liable, creating a stacked guarantee.
Multiple Guarantors: Five distinct sources of lease guarantee, including personal and corporate guarantees.
Original Tenant Continuity: Long-term liability remains in place through base term and options,
Built-in Rent Growth: CPI increases biannually throughout the initial term and option periods, providing a hedge against inflation and consistent yield growth.
Prime Southern Avenue Frontage: Located directly on E. Southern Ave just west of Power Road, a primary east-west artery in Mesa, and out parceled to a major shopping mall
Significant Traffic Volume: Southern Ave and Power Rd see combined traffic counts exceeding ±62,000 Vehicles Per Day (VPD).

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