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
- Offering Memorandum
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
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
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
PROPERTY TAXES
Parcel Number | 135-60-095A | Improvements Assessment | $0 (2025) |
Land Assessment | $0 (2025) | Total Assessment | $60,205 (2025) |