Description
Presenting a prime investment opportunity in Phoenix, Arizona — the Sinclair Gas Station located at 2649 W Indian School Road. This property is secured by an Absolute NNN Lease with approximately 18 years remaining, providing a hassle-free, passive income stream with no landlord responsibilities. The lease includes two 5-year renewal options and 10% rent increases every five years, offering a built-in hedge against inflation and long-term income stability. The property generates a current Net Operating Income of $144,000 with a 5.60% CAP rate, making it a compelling financial investment. The tenant, West Coasts Petroleum Newports, operating as a Sinclair Gas Station, boasts a strong track record with over $87 million in annual revenue. Strategically located in a densely populated trade area adjacent to the I-17 Freeway, the site benefits from high traffic counts and strong visibility, offering long-term growth potential and attractive returns. This is a rare opportunity to acquire a high-performing, turnkey gas station investment in a thriving Phoenix location.
Listing Details
- Cap Rate
5.6%
- Tenancy
Single
- Space Type
retail
- Sub Category
gas-station
- Date Listed
10/7/2025
- Broker/Agent Co-op
Yes
- Investment Type
Net Lease
- Net Operating Income
$144,000
- Ground Lease
No
Property Specifics
- Property Name
2649 W Indian School Rd
- No of Buildings
1
- No of Stories
1
- No of Units
1
- Year Built
2000
- Building Size
2,943 SF
- Lot Size
0.78 AC
- APN
110-01-015D
- Occupancy
100%



