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SHOPS AT ROYAL PALMS 3 Properties Offered at $10,245,000 in Mesa, AZ
Investment Highlights
- Shadow anchored by a high-performing Fry's Marketplace that ranks in the top 10% of AZ locations
- Property features a freestanding single-tenant medical building occupied by a deeply rooted medical practice
- 100% leased to cohesive roster of internet resistant, service-oriented tenants
- Future upside from rent growth: 5 of 9 tenants have either FMV options or no options
Property Facts
| Price | $10,245,000 | Number of Properties | 3 |
| Price / SF | $252.43 / SF | Individually For Sale | 0 |
| Cap Rate | 6.10% | Total Building Size | 40,586 SF |
| Sale Type | Investment NNN | Total Land Area | 5.67 AC |
| Status | Active |
| Price | $10,245,000 |
| Price / SF | $252.43 / SF |
| Cap Rate | 6.10% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 40,586 SF |
| Total Land Area | 5.67 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1855 N Stapley Dr, Mesa, AZ 85203 | Office | 10,173 SF | 1997 | - |
|
Fry’s Marketplace
1239 E McKellips Rd, Mesa, AZ 85203 |
Retail | 24,319 SF | 1996 | - |
| 1241 E McKellips Rd, Mesa, AZ 85203 | Retail | 6,094 SF | 2018 | - |
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SHOPS AT ROYAL PALMS
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