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2110 W Southern Ave 10,341 SF 100% Leased Retail Building Mesa, AZ 85202 $3,840,000 ($371.34/SF) 5.81% Cap Rate
INVESTMENT HIGHLIGHTS
- Freestanding Retail Building | 100% Occupied | NNN Leases with scheduled Rental Increases
- Exceptional visibility and access
- Surrounded by major retail, medical and residential drivers
- Strategic hard-corner location
- Near US-60 and Loop 101
- Strong consumer base and demographics
EXECUTIVE SUMMARY
Price per SF - $367
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
10,341 SF
Building Class
B
Year Built
1977
Price
$3,840,000
Price Per SF
$371.34
Cap Rate
5.81%
NOI
$222,919
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
0.85 AC
Zoning
C-2, Mesa - Commercial
Parking
50 Spaces (4.77 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Air Conditioning
Bike Score®
Very Bikeable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $293,878 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$293,878
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2110 W Southern Ave
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