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Home > 12555 NW GRAND Avenue, El Mirage, AZ 85335 (MLS# 7022085)

12555 NW GRAND Avenue, El Mirage, AZ 85335

$2,825,000
Property Type: Comm/Industry Sale Square Footage: 10,930 Lot Size (sq. ft.): 54,462 Status: Active
Current Price: $2,825,000 List Date: 5/01/2026 Last Modified: 5/01/2026

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.

More Information MLS# 7022085

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
IDX
Last Updated: May - 01 - 2026
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