Log In/Sign Up
Your email has been sent.
406 N Val Vista Dr 2,400 SF 100% Leased 4-Star Retail Building Mesa, AZ 85213 $4,715,824 CAD ($1,964.93 CAD/SF) 5.15% Cap Rate
Executive Summary
PROPERTY DESCRIPTION
Introducing a premier investment opportunity in Mesa, Arizona. This newly
constructed 2,400 SF freestanding Starbucks, completed in 2025, presents a
strong addition to any retail portfolio. Strategically positioned at the
signalized hard corner of Val Vista Drive and University Drive on
approximately 34,773 SF (0.80 acres), the property benefits from exceptional
visibility and steady traffic counts. Zoned NC by the City of Mesa, the site is
surrounded by established retail and commercial amenities and offers
convenient access to Loop 202, US 60, and SR 87, supporting long-term
tenant success and stable income potential.
APN: 140-12-008G
PROPERTY FEATURES
100% NNN Leased Single Tenant Investment Sale
Corporate Guaranty Signed by Starbucks Corporation
2025 Construction
10 Year Initial Lease Term with Ample Renewal Options
Approx 2,400 SF
Zoned NC, City of Mesa
Near Retail and Business Amenities
Close Proximity to Loop 202 Freeway, US 60 Freeway, and SR 87
Introducing a premier investment opportunity in Mesa, Arizona. This newly
constructed 2,400 SF freestanding Starbucks, completed in 2025, presents a
strong addition to any retail portfolio. Strategically positioned at the
signalized hard corner of Val Vista Drive and University Drive on
approximately 34,773 SF (0.80 acres), the property benefits from exceptional
visibility and steady traffic counts. Zoned NC by the City of Mesa, the site is
surrounded by established retail and commercial amenities and offers
convenient access to Loop 202, US 60, and SR 87, supporting long-term
tenant success and stable income potential.
APN: 140-12-008G
PROPERTY FEATURES
100% NNN Leased Single Tenant Investment Sale
Corporate Guaranty Signed by Starbucks Corporation
2025 Construction
10 Year Initial Lease Term with Ample Renewal Options
Approx 2,400 SF
Zoned NC, City of Mesa
Near Retail and Business Amenities
Close Proximity to Loop 202 Freeway, US 60 Freeway, and SR 87
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
2,400 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$4,715,824 CAD
Price Per SF
$1,964.93 CAD
Cap Rate
5.15%
NOI
$242,865 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.07
Lot Size
0.76 AC
Nearby Major Retailers
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
406 N Val Vista Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.