2405 W Baseline Rd | Tempe, AZ 85283
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- LoopNet Team
2405 W Baseline Rd
Tempe, AZ 85283
W Baseline Rd & S 48th St · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 20-Year Ground Lease w/six (6) five (5) year option periods
- Projected Rent Start: January 1, 2021
- Price: $4,531,250; NOI: 145,000 Annually; 3.2% CAP on first five (5) years
- Opening December 10, 2020
- 10% Increases every Five (5) Years
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,870 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.33 AC
Zoning
CSS - Commercial Shopping and Services, CSS
AMENITIES
- Signage
- Signalized Intersection
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 301-14-988 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $281,008 |
PROPERTY TAXES
Parcel Number
301-14-988
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$281,008
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