1901 S Gilbert Rd - Bank FOR SALE


Mesa, AZ 85204- Superstition Springs
$4,700,000 USD
480-221-4221
1901 S Gilbert Rd, Mesa, AZ for Sale
$4,700,000 USD
Bank - FOR SALE
1/4
null | 5% Cap Rate

1901 S Gilbert Rd
Mesa, AZ 85204
Superstition Springs


HIGHLIGHTS

  • Corporate Guaranteed Lease | Options To Extend | Below Market Rent
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • Mesa Shores Shopping Mall | Primary Retail Corridor
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• Corporate guaranteed lease • The tenant, Desert Financial, has 15-years remaining with 4 (5-year) option periods to extend • The lease features 10% rental increases every 5-years throuhout the initial term and at the beginning of each option period

FOR SALE DETAILS

PRICE

$4,700,000 USD

PRICE/SF

$997 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Desert Financial | 15yr Corp Abs NNN w/ Incrs

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

88

LAND DETAILS

LAND ACRES

1.43 AC

LAND SF

62,291 SF

ZONING

C-3

APN/PARCEL ID

140-62-298

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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