Absolute NNN Investment 154 N Country Club Dr

2,690 SF Retail Building Mesa, AZ 85201 $1,150,000 ($428/SF) 6.55% Cap Rate

Investment Highlights

  • Stand Alone Building
  • Full Restaurant Build Out
  • Two Bathrooms
  • Drive Thru
  • Walk-in

Executive Summary

ABSOLUTE NNN Lease that commenced September 1, 2023 with a NATIONAL tenant located in 4 states (currently) and 3 Valley Locations. Stand alone restaurant building w/ a DRIVE THRU. Base Rent increases each 5-year term. No Landlord maintenance responsibilities. Request the OM for details.

Data Room Click Here to Access

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,690 SF
Building Class
C
Year Built
1972
Price
$1,150,000
Price Per SF
$428
Cap Rate
6.55%
NOI
$75,320
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.42 AC
Opportunity Zone
Yes
Zoning
C-2
Parking
25 Spaces (7.43 Spaces per 1,000 SF Leased)
Frontage
136 FT on Clark St

Amenities

  • Bus Line
  • Pylon Sign
  • Restaurant
  • Signage
  • Drive Thru

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Super Oscar's Mexican Food
  • Accommodation and Food Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Super Oscar's Mexican Food Accommodation and Food Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (85)

Nearby Major Retailers

Planet Fitness
Chase Bank
Bank of America
U.S. Bank Branch
United Rentals
Rent-A-Center

PROPERTY TAXES

  • Listing ID: 27938874

  • Date on Market: 3/10/2023

  • Last Updated:

  • Address: 154 N Country Club Dr, Mesa, AZ 85201