1502 Signal Butte | Mesa, AZ 85209
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- LoopNet Team
1502 Signal Butte
Mesa, AZ 85209
RAISING CANE'S · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand-new 15-year absolute NNN corporate ground lease; landlord has ZERO responsibilities
- Brand-new 2023 construction; property will feature a double drive-thru
- Adjacent to brand-new Sprouts Farmer's Market grocery-anchored shopping center
- Well below market ground rent with strong 10% increases every 5 years through primary term and options periods
- Part of the new Mountain Vista mixed-use development, which is slated to have over 130,000 SF of commercial space
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,267 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.25 AC
Zoning
LC - Limited Commercial
AMENITIES
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 220-82-012 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $237,698 |
PROPERTY TAXES
Parcel Number
220-82-012
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$237,698
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