4576 S Power Rd
Gilbert, AZ 85296
Mattress Firm · Retail Property For Sale

We are pleased to offer to qualified investors an opportunity to purchase a single tenant net leased investment fully occupied by Mattress Firm (NASDAQ: MFRM) with approximately 8.8 years remaining on the initial term. This recently constructed 2016 building offers investors attractive long term cash flow with a 10% rental increase in year 2021 and similar increases in each of the two, five (5) year option periods. Located as an outparcel to Ashley Furniture Warehouse at the intersection of Loop 202 and Power Road - one of the most dominant retail hubs in the submarket - the subject property benefits from the regional draw of the adjacent 700,000 SF regional power center anchored by Super Target, Walmart Supercenter, Ross Dress for Less, Cost Plus World Market, and Michael’s. This is an excellent opportunity to acquire a recently constructed building (2016), fully leased to a credit tenant (NASDAQ: MFRM), that provides long term income with a hedge against inflation (10% rental increases), with minimal landlord responsibilities - roof and structure only.