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1325 N Greenfield Rd 8,812 SF 100% Leased Retail Building Mesa, AZ 85205 $3,806,106 CAD ($431.92 CAD/SF) 6.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Excellent Location
  • Good Parking
  • Strong Tenants
  • Good Exposure

EXECUTIVE SUMMARY

Strong tenants. Cracker's Café was an original occupant when the building was constructed in 2005. Since then they have opened another location in Mesa and one in Tempe, Milan Laser has over 260 locations in 31 states.
Current management company has managed the property since 2006.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,812 SF
Building Class
B
Year Built
2005
Price
$3,806,106 CAD
Price Per SF
$431.92 CAD
Cap Rate
6.25%
NOI
$237,872 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.99 AC
Zoning
C-2 - Commercial
Parking
29 Spaces (4.5 Spaces per 1,000 SF Leased)
Frontage
68’ on North Greenfield Road

AMENITIES

  • Restaurant

NEARBY MAJOR RETAILERS

Mountainside Fitness
Starbucks
IHOP
Waffle House

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
141-33-130
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$248,372 CAD
  • Listing ID: 28893988

  • Date on Market: 2023-06-30

  • Last Updated:

  • Address: 1325 N Greenfield Rd, Mesa, AZ 85205

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