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VALVOLINE | ABSOLUTE NNN CORP GROUND LEASE 3663 S Power Rd 3,500 SF Retail Building Mesa, AZ 85212 $3,689,101 CAD ($1,054.03 CAD/SF) 4.85% Cap Rate
Investment Highlights
- New, long-term 15-year absolute NNN corporate ground lease, landlord has NO responsibilities
- Outparcel to new shopping center, Avalon Ranch, anchored by ALDI and EOS Fitness
- Brand-new freestanding building with drive-thru bays and attractive high-quality construction
- Strong scheduled rent increases of 10% every 5 years through primary term and option periods
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
3,500 SF
Year Built
2026
Construction Status
Under Construction
Price
$3,689,101 CAD
Price Per SF
$1,054.03 CAD
Cap Rate
4.85%
NOI
$178,949 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.58 AC
Opportunity Zone
Yes
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
VALVOLINE | ABSOLUTE NNN CORP GROUND LEASE | 3663 S Power Rd
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