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Salad and Go 10031 E Southern Ave 800 SF Retail Building Mesa, AZ 85209 $2,830,000 ($3,537.50/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate Guaranteed Abs NNN Lease with Salad and Go
- Top 75% in US for Visits Per Placer AI
- 215,437 Residents within a Five-Mile Radius - Densely Populated and Growing Mesa Trade Area in the Phoenix MSA
- 2% Annual Rental Increases
- Excellent Visibility at Signalized Intersection of E Southern Ave and S Crimson Rd (Combined 35,570+ Cars/Day)
- High Household Income in Immediate Trade Area
EXECUTIVE SUMMARY
After spending years in the fast food industry, the creators of Salad and Go set out on a mission – make drive-thru fast food better and healthier. Demographic and social trends are increasingly supporting healthier, better, fast food concepts at the expense of more traditional concepts.
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.
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.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
800 SF
Building Class
C
Year Built
2022
Price
$2,830,000
Price Per SF
$3,537.50
Cap Rate
5.75%
NOI
$162,699
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.87 AC
Zoning
R-6
AMENITIES
- Drive Thru
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Salad and Go regional gourmet salad drive-thru restaurant chain founded with a mission to make drive-thru fast food better and healthier. They are headquartered in Tempe, Arizona. Salad and Go is a privately held company with more than 100 locations operating across four states including Arizona, Texas, Oklahoma and Nevada. The brand features a variety of fresh items such as salads, wraps, soups, breakfast burritos and bowls, cold brew coffee and hand-crafted lemonades.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
CONTACTS
-
Nick Christifulli -
Mark Ruble -
Christopher Lind -
Zack House -
Ryan Sarbinoff -
Marcus & Millichap
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Salad and Go | 10031 E Southern Ave
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