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3495 E Baseline Rd
Gilbert, AZ 85234
IHOP - 16 YR Absolute NNN · Retail Property For Sale
Investment Highlights
- New 16-Year Absolute Triple-Net (NNN) Lease with a Top IHOP Franchisee - 100+ Location Operator/Guarantor
- Located off the Intersection of E Baseline Road and S Val Vista Dr with 74,350+ Cars per Day Passing Through
- Central Location within a 10-Minute Drive of Downtown Gilbert and within a 14-Minute Drive of Downtown Mesa
- 7.5 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Easily Accessible Location with Close Proximity to HWY 60 (207,938 Cars per Day)
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,220 SF
Building Class
B
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.07 AC
Zoning
C-C - Commercial
Amenities
- Signage
Property Taxes
| Parcel Number | 309-03-940 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $207,539 |
Property Taxes
Parcel Number
309-03-940
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$207,539
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