Land for Ground Lease in Tempe, Arizona. On Baseline road near I-10 freeway and Arizona Mills mall, with heavy car and foot traffic. The property is in 0.39 acres of land (100 ft by 171 ft), with many fast food and apartment complexes in the area. Existing utilities such as power, gas, and water are already present. Looking to ground lease the land for $85,000 - $95,000 in annual rent NNN (triple net). For fast food with drive-through and outdoor dining. Can be used for retail or office facility, from 4,000 sq ft to 5,530 sq ft. 20-30 parking spaces. For two stories, can be up to 8,000 sq feet with 30 parking spaces. Available to use part of the property and sublease the other.
Please contact Henry via phone at (480)-652-2232 or email if you are interested in.
