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2120 W Southern Ave
Mesa, AZ 85202
NNN Leased 88 Smoke & Vape · Retail Property For Sale

Investment Highlights

  • Brand New NNN Lease: Annual 2% Increases.
  • Fast Growing Industry: The global vapor products market is now estimated to be worth $22.6b, up from $4.2b just five years ago.
  • Higher Education: More than 25,000 students attend classes at Mesa Community College, NAU Mesa Campus, DeVry Institute and Carrington College.
  • Very Strong Tenant Financials: Parent company guarantee for the entire term.
  • High Density Location in the Heart of Mesa’s Fiesta District: More than $500 million in planned redevelopment.
  • Tenant Opening New Locations Despite Pandemic

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
1,545 SF
Building Class
B
Year Built/Renovated
1977/2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.49 AC
Zoning
LC - Light Commercial
Parking
23 Spaces (14.89 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

About 2120 W SOUTHERN AVE , MESA, AZ 85202

88 Smoke & Vape is a high-end smoke and vapor shop offering a wide variety of vape juice, vape pens, and accessories. The founder of 88 Smoke & Vape started in the industry by manufacturing and wholesaling vape juice under the company name Dripmore, based out of Southern California. Focused on producing premium flavors at competitive prices, they earned an excellent reputation in the vaping industry. Dripmore’s multi-million dollar wholesaling success led to the opening of several retail stores. With multiple Phoenix metro locations currently in the works, 88 Smoke & Vape plans to expand into other metros in the future.

Property Taxes

Property Taxes

Parcel Number
134-42-228G
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$80,503
  • Listing ID: 17166309

  • Date on Market: 9/11/2019

  • Last Updated:

  • Address: 2120 W Southern Ave, Mesa, AZ 85202

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