10031 E Southern Ave - Fast Food FOR SALE


Mesa, AZ 85209- East Mesa
$2,830,000 USD
602-687-6694
10031 E Southern Ave, Mesa, AZ for Sale
$2,830,000 USD
Fast Food - FOR SALE
1/6
null | 5.75% Cap Rate

10031 E Southern Ave
Mesa, AZ 85209
East Mesa


HIGHLIGHTS

  • Corporate Guaranteed Abs NNN Lease with Salad and Go
  • 2% Annual Rental Increases
  • Top 75% in US for Visits Per Placer AI
  • Excellent Visibility at Signalized Intersection of E Southern Ave and S Crimson Rd (Combined 35,570+ Cars/Day)
  • 215,437 Residents within a Five-Mile Radius - Densely Populated and Growing Mesa Trade Area in the Phoenix MSA
  • High Household Income in Immediate Trade Area

OVERVIEW

After spending years in the fast food industry, the creators of Salad and Go set out on a mission – make drive-thru fast food better and healthier. Demographic and social trends are increasingly supporting healthier, better, fast food concepts at the expense of more traditional concepts. Mesa is the third largest city in Arizona, after Phoenix and Tucson, and the 38th largest city in the U.S. It is home to numerous higher education facilities, including the Polytechnic campus of Arizona State University.

FOR SALE DETAILS

PRICE

$2,830,000 USD

PRICE/SF

$3,538 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Salad and Go

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

R-6

APN/PARCEL ID

302-77-539

ASK ABOUT THIS PROPERTY

Nick ChristifulliMarcus & MillichapMore Info
602-687-6694

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Nick ChristifulliMarcus & MillichapMore Info
602-687-6694

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.