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Shoe Store

WSS Shoes

1960 S Country Club Dr, Mesa, AZ 85210

Listing Price: $4,720,000

Cap Rate
7.15%
Tenant Name
Eurostar, Inc.
Years Remaining On Lease
8.4
Gross SF
15,000
Guarantor
Corporate Guarantee
Rentable SF
15,000
Price/Gross SF
$314.67
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$22.50

Investment Overview

Marcus & Millichap is pleased to present for sale WSS Shoes in Mesa, Arizona. WSS is a retail chain of shoe stores headquartered in Los Angeles, California with over 80 retail outlets. The company primarily serves working-class, underserved communities within bustling, city neighborhoods. WSS retail outlets are located throughout California, Arizona, Texas, and Nevada.

Mesa is the third largest city in Arizona, after Phoenix and Tucson, and the 38th largest city in the U.S. It is home to numerous higher education facilities, including the Polytechnic campus of Arizona State University. The city’s top employers include Banner Health, Boeing, Walmart, Fry’s Food & Drug, and The Home Depot.

Investment Highlights

  • Corporate Guaranteed 10 Year Lease with WSS Shoes
  • Excellent Visibility at Signalized Intersection of Baseline Rd and Country Club Dr (Combined 112,400 Plus Cars per Day)
  • 438,406 Residents within a Five-Mile Radius - Densely Populated and Growing Mesa Trade Area in the Phoenix MSA
  • Rental Increases Every Five Years and Multiple Renewal Options on Both Leases
  • Two-and-a-Half Miles from Mesa Community College (Over 16,500 Students) and Three Miles from Banner Desert Medical Center
  • Surrounded by National Tenants: Costco, Walmart, Home Depot, Fry's, WinCo, and Many More
  • Strong Daytime Population of Over 446,850 Employees within Five Miles
  • Immediate Access to the Superstition Freeway (US-60) (Over 278,000 Cars per Day)

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Listing Price: $4,720,000

Cap Rate
7.15%
Tenant Name
Eurostar, Inc.
Years Remaining On Lease
8.4
Gross SF
15,000
Guarantor
Corporate Guarantee
Rentable SF
15,000
Price/Gross SF
$314.67
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$22.50

Investment Highlights

  • Corporate Guaranteed 10 Year Lease with WSS Shoes
  • Excellent Visibility at Signalized Intersection of Baseline Rd and Country Club Dr (Combined 112,400 Plus Cars per Day)
  • 438,406 Residents within a Five-Mile Radius - Densely Populated and Growing Mesa Trade Area in the Phoenix MSA
  • Rental Increases Every Five Years and Multiple Renewal Options on Both Leases
  • Two-and-a-Half Miles from Mesa Community College (Over 16,500 Students) and Three Miles from Banner Desert Medical Center
  • Surrounded by National Tenants: Costco, Walmart, Home Depot, Fry's, WinCo, and Many More
  • Strong Daytime Population of Over 446,850 Employees within Five Miles
  • Immediate Access to the Superstition Freeway (US-60) (Over 278,000 Cars per Day)

Investment Overview

Marcus & Millichap is pleased to present for sale WSS Shoes in Mesa, Arizona. WSS is a retail chain of shoe stores headquartered in Los Angeles, California with over 80 retail outlets. The company primarily serves working-class, underserved communities within bustling, city neighborhoods. WSS retail outlets are located throughout California, Arizona, Texas, and Nevada. Mesa is the third largest city in Arizona, after Phoenix and Tucson, and the 38th largest city in the U.S. It is home to numerous higher education facilities, including the Polytechnic campus of Arizona State University. The city’s top employers include Banner Health, Boeing, Walmart, Fry’s Food & Drug, and The Home Depot.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

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