This Retail Property is no longer advertised on LoopNet.com.

1242 W University Dr
Mesa, AZ 85201
Renegade Coffee | New 10yr NNN | Near Walmart · Retail Property For Sale

Investment Highlights

  • Brand New 10-Year Lease | Personal Guaranty | Rental Increases | Well Below Market Rent (Approx. 40%)
  • Arizona State University (52,000+ Students) | Sloan Park (Home of MLB’s Chicago Cubs Spring Training)
  • Signalized, Hard Corner Intersection | Drive-Thru Equipped |Quick Access to State Highway 101 (101,200 VPD)
  • NNN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
  • AT&T Corporate Campus (1,700+ Employees) |Nearby Walmart & Home Depot Anchored Center
  • Strong Demographics in 5-Mile Trade Area

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
2,470 SF
Building Class
C
Year Built/Renovated
1984/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.39 AC
Zoning
LC - Limited Commercial
Frontage
1’ on W University Dr

Amenities

  • Freeway Visibility
  • Restaurant
  • Signage
  • Drive Thru

Property Taxes

Property Taxes

Parcel Number
135-32-018J
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$59,146
  • Listing ID: 24823210

  • Date on Market: 1/12/2022

  • Last Updated:

  • Address: 1242 W University Dr, Mesa, AZ 85201

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