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Shopping Strip

Mesa AZ Absolute NNN New Construction

3745 S Power Rd, Mesa, AZ 85212

Listing Price: $4,320,000

Cap Rate
5.00%
Gross SF
3,000
Rentable SF
3,000
Price/Gross SF
$1,440.00
Lot Size
0.69 acres
Year Built
2022

Investment Overview

Subject is a Prime 3,000 Square-Foot Newly Built Two Tenant Retail Building with Ample Parking and Easy Ingress/Egress. Features an Absolute NNN Lease with a 10-15 Year Base Term and Zero Landlord Responsibility | Three Percent Rental Increases Annually, Four x Five-Year Options.

Investment Highlights

  • Rapidly Growing Retail Corridor | Nearby National Retailers Include: Walmart Supercenter, Target, IHOP, Fry's Food and Drug, Walgreens Drug Store, Chick-fil-A, Circle K, and Many Others
  • Affluent Community in Hot Phoenix Metropolitan Statistical Area with a Population of 248,837 and an Average Household Income of Over $99,855 within Five Miles of the Subject Asset, as of 2021
  • Parks and Outdoor Recreational Facilities Nearby Include: Cactus Yards, Paloma Sports Complex, Superstition Springs Golf Club, and Toka Sticks Golf Club

Exclusively Listed By

  • Jesse Limon

    Licensed Real Estate Salesperson

    (212) 430-5291

    Email Jesse

    License(s): IN: RB14048415, NY: 10401271892

    Manhattan

Broker of Record

  • James K. Crawley

    Associate Regional Manager

    (602) 687-6700

    License(s) AZ: SA659077000

    Arizona

Shopping Strip

Mesa AZ Absolute NNN New Construction

Listing Price: $4,320,000

Cap Rate
5.00%
Gross SF
3,000
Rentable SF
3,000
Price/Gross SF
$1,440.00
Lot Size
0.69 acres
Year Built
2022

Investment Highlights

  • Rapidly Growing Retail Corridor | Nearby National Retailers Include: Walmart Supercenter, Target, IHOP, Fry's Food and Drug, Walgreens Drug Store, Chick-fil-A, Circle K, and Many Others
  • Affluent Community in Hot Phoenix Metropolitan Statistical Area with a Population of 248,837 and an Average Household Income of Over $99,855 within Five Miles of the Subject Asset, as of 2021
  • Parks and Outdoor Recreational Facilities Nearby Include: Cactus Yards, Paloma Sports Complex, Superstition Springs Golf Club, and Toka Sticks Golf Club

Investment Overview

Subject is a Prime 3,000 Square-Foot Newly Built Two Tenant Retail Building with Ample Parking and Easy Ingress/Egress. Features an Absolute NNN Lease with a 10-15 Year Base Term and Zero Landlord Responsibility | Three Percent Rental Increases Annually, Four x Five-Year Options.

Exclusively Listed By

  • Jesse Limon

    Licensed Real Estate Salesperson

    (212) 430-5291

    Email Jesse

    License(s): IN: RB14048415, NY: 10401271892

    Manhattan

Broker of Record

  • James K. Crawley

    Associate Regional Manager

    (602) 687-6700

    License(s): AZ: SA659077000

    Arizona

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