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STNL MCDONALD'S | ABSOLUTE NNN GROUND LEASE 3635 Power Rd 3,000 SF Retail Building Mesa, AZ 85212 $3,467,000 ($1,155.67/SF) 3.75% Cap Rate

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INVESTMENT HIGHLIGHTS

  • New long-term 20-year absolute NNN ground lease; landlord has ZERO responsibilities
  • Strong scheduled rent increases of 10% every five years through the primary term and option periods
  • Corporate guarantee from true investment grade tenant McDonald's (NYSE: MCD) and a 2026 opening date
  • New traffic-drawing tenants of Fry's Marketplace and EOS Fitness at the intersection of Power Road and Elliot Road

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
3,000 SF
Year Built
2025
Price
$3,467,000
Price Per SF
$1,155.67
Cap Rate
3.75%
NOI
$130,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.73 AC
Opportunity Zone
Yes

NEARBY MAJOR RETAILERS

Eos Fitness
Club Pilates
Fry's Food Store
America First Credit Union

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
304-19-992
Land Assessment
$1,032,944
Improvements Assessment
$0
Total Assessment
$1,032,944
  • Listing ID: 38228747

  • Date on Market: 10/27/2025

  • Last Updated:

  • Address: 3635 Power Rd, Mesa, AZ 85212

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