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3445 Ellsworth rd 3,200 SF 4-Star Retail Building Mesa, AZ 85212 $2,500,000 ($781.25/SF) 5% Cap Rate
Investment Highlights
- New Farmer Boys Absolute NNN Ground Lease | Newly constructed 3,200 SF bldg on 0.76 AC - Rent commences Sept 2026
- Premier East Valley Location, positioned along Elliot Tech Corridor & surrounded by major employers: Apple, Google, EdgeCore, Niagara Bottling & more!
- Excellent Regional Connectivity, immediate access to Loop 202, SR 24 and US 60 and close proximity to Phoenix Mesa Gateway Airport
- Strong Income Profile | Passive NNN Investment
- High Growth Residential Trade Area, adjacent to Eastmark, the number 1 master planned community in Arizona
- Surrounded by Major Demand Drivers, located near the 308-acre Legacy Sports Park and along Ellsworth Rd
Executive Summary
Absolute NNN Ground Lease Investment
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
3,200 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2026
Price
$2,500,000
Price Per SF
$781.25
Cap Rate
5%
NOI
$125,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.76 AC
Amenities
- Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 304-12-984 | Improvements Assessment | $0 |
| Land Assessment | $615,551 | Total Assessment | $615,551 |
Property Taxes
Parcel Number
304-12-984
Land Assessment
$615,551
Improvements Assessment
$0
Total Assessment
$615,551
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