8946 & 8950 E Germann Rd
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8946 & 8950 E Germann Rd
2 Retail Properties Offered at $11,337,000 in Mesa, AZ
Executive Summary
This Investment NNN sale for 2 fully leased buildings and a cell tower lease is now available for $11,337,000. Leased to Elevate Trampoline Park & Lavish Studios, this investment sports a 6.25% cap with both buildings offering signage and monument signage options with both sites sitting on 4 acres. Elevate Trampoline Park is an indoor jump center where guests can somersault and catapult across a slew of trampoline-lined arenas. Lavish Studios is luxury salon suites providing services and a workplace for hair stylists, estheticians, spray tanning, massage therapists, eye lash extensions, and jewelry sales. Call for additional details for this investment NNN leased opportunity!
Property Facts
| Price | $11,337,000 | Number of Properties | 2 |
| Price / SF | $324.29 / SF | Individually For Sale | 0 |
| Cap Rate | 6.25% | Total Building Size | 34,959 SF |
| Sale Type | Investment NNN | Total Land Area | 8.02 AC |
| Status | Active |
| Price | $11,337,000 |
| Price / SF | $324.29 / SF |
| Cap Rate | 6.25% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 34,959 SF |
| Total Land Area | 8.02 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 8950 E Germann Rd, Mesa, AZ 85212 | Retail | 10,500 SF | 2022 | - |
| 8946 E Germann Rd, Mesa, AZ 85212 | Retail | 24,459 SF | 2020 | - |
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8946 & 8950 E Germann Rd
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