1645 N 51ST Avenue, Phoenix AZ 85035
$1,899,000
Brokerage: Ivy Realty(623) 299-4954
1 / 3Home facts
- Price
- $1,899,000
- Status
- Active
- Baths
- 0
- Living area
- 1,936 sq ft
- Lot
- 16,335 sq ft
- Year built
- 1987
- Type
- D
- Pool
- No
- Water
- City Franchise
- Sewer
- Public Sewer
- MLS #
- 7070585
Listed by RE/MAX Fine Properties · 480-792-9500
Courtesy of ARMLS · Presented by Ivy Realty, (623) 299-4954
About this home
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.
Features
Roof
Rolled/Hot Mop
Sewer
Public Sewer
Cooling
See Remarks
Heating
See Remarks
Electric
SRP
Flooring
Vinyl, Concrete
WaterSource
City Franchise
ParkingFeatures
Free
ConstructionMaterials
Stucco
Map
Nearby sales
Closed within about ¾ mile in the last 6 months (ARMLS).
| Address | Sold | Price | Beds/Baths | Sq ft | Listing brokerage |
|---|---|---|---|---|---|
| 2541 N 50 Lane | Sep 10, 2026 | $381,000 | 4/2 | 1,330 | HomePros |
| 4626 W WILSHIRE Drive | Sep 2, 2026 | $339,000 | 3/2 | 1,242 | Exit Realty-Realty Place |
| 2502 N 47TH Lane | Aug 30, 2026 | $340,000 | 4/2 | 1,108 | Realty ONE Group |
| 4945 W Berkeley Road | Aug 27, 2026 | $247,000 | 3/2 | 1,298 | My Home Group Real Estate |
| 4832 W HUBBELL Street | Aug 24, 2026 | $355,000 | 4/3 | 1,053 | eXp Realty |
| 5201 W WILSHIRE Drive | Aug 12, 2026 | $365,000 | 4/2 | 1,361 | Keller Williams, Professional Partners |
Source: ARMLS IDX via Ivy Realty, updated Oct 2, 4:33 PM (Arizona time).
Listing information courtesy of the Arizona Regional Multiple Listing Service (ARMLS). Information deemed reliable but not guaranteed. Copyright ARMLS.
Use of this search or AI does not create an agency relationship. Agency begins only with a written agreement with Ivy Realty.
Ivy Realty · 20325 N 51st Ave, Bldg 5, Ste 134, Glendale, AZ 85308 · (623) 299-4954 · Designated Broker Ivy Clay, License #LC722089000
Equal Housing Opportunity
Licensees: see Ivy Realty plans (100% plan $25/mo + $395 per closed transaction, or 80/20 with $0 monthly and $0 per transaction).