Single Tenant NNN Investment Property | 4906 E Main St
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Single Tenant NNN Investment Property 4906 E Main St
5,190 SF Retail Building Mesa, AZ 85205 $1,749,000 ($337/SF) 6.79% Cap Rate
Investment Highlights
- Full Built out Restaurant
- All New HVAC Units (6)
- Exterior Patio
- Recently Remodeled
- Lots of Parking
- 3 Hoods
Executive Summary
SINGLE TENANT NNN INVESTMENT!
Property Highlights:
Tenant: Momma's Soul Fish and Chicken (second location)
Lease: 5-year initial term just commenced (May 2024)
Location: Mesa, AZ
Renovation: Completely redone in the past 4 years
Property Features:
-Outdoor Enhancements: Newly added exterior patio and roll-up door connecting the bar to the patio
-Interior Upgrades: Raised and insulated ceilings, freshly painted for a modern look
-Climate Control: 6 brand new HVAC units installed in 2021 with new ductwork
-Aesthetic Updates: Exterior freshly painted
-Parking: Parking lot sealed and striped
-Restroom Renovations: Both bathrooms completely remodeled
-Kitchen Upgrades: Additional gas lines and new gas meter for increased cooking capacity
-Security: Comprehensive security system with 30+ cameras monitored by ADT
-Electrical Improvements: Enhanced electrical panel with more amp load
-Plumbing: Plumbing redone to the main sewer line by the previous owner
This incredible property is ready for immediate purchase and offers a prime investment opportunity with an established tenant with a proven concept and large following. Take advantage of investment opportunity!
Property Highlights:
Tenant: Momma's Soul Fish and Chicken (second location)
Lease: 5-year initial term just commenced (May 2024)
Location: Mesa, AZ
Renovation: Completely redone in the past 4 years
Property Features:
-Outdoor Enhancements: Newly added exterior patio and roll-up door connecting the bar to the patio
-Interior Upgrades: Raised and insulated ceilings, freshly painted for a modern look
-Climate Control: 6 brand new HVAC units installed in 2021 with new ductwork
-Aesthetic Updates: Exterior freshly painted
-Parking: Parking lot sealed and striped
-Restroom Renovations: Both bathrooms completely remodeled
-Kitchen Upgrades: Additional gas lines and new gas meter for increased cooking capacity
-Security: Comprehensive security system with 30+ cameras monitored by ADT
-Electrical Improvements: Enhanced electrical panel with more amp load
-Plumbing: Plumbing redone to the main sewer line by the previous owner
This incredible property is ready for immediate purchase and offers a prime investment opportunity with an established tenant with a proven concept and large following. Take advantage of investment opportunity!
Financial Summary (Pro forma - 2025) 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
|
Financial Summary (Pro forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,190 SF
Building Class
C
Year Built/Renovated
1986/2023
Price
$1,749,000
Price Per SF
$337
Cap Rate
6.79%
NOI
$118,818
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Land Acres
1.00 AC
Zoning
LC City of Mesa - Zoning permits retail, restaurant, office, medical, and dental uses.
Parking
59 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
158 FT on E Main St
Amenities
- Bus Line
- Restaurant
- Signage
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Momma Soul's Fish and Chicken
- Accommodation and Food Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Momma Soul's Fish and Chicken | Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
PROPERTY TAXES
| Parcel Number | 140-17-011 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $110,037 |
PROPERTY TAXES
Parcel Number
140-17-011
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$110,037
-
Bryan Mortensen -
LRA Real Estate Group LLC
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Single Tenant NNN Investment Property | 4906 E Main St
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