251 S Power Rd - Fast Food FOR SALE


Mesa, AZ 85206- Superstition Springs
$1,921,883 USD
719-671-0962
251 S Power Rd, Mesa, AZ for Sale
$1,921,883 USD
Fast Food - FOR SALE
1/6
null | 5.5% Cap Rate


HIGHLIGHTS

  • Original Term: 20 years, Remaining Term: 12+ years
  • Tenant: And Go Concepts, LLC dba Salad & Go
  • Ownership Type: Fee Simple Ground Lease
  • Renewal Options: Three (3) Five (5) year Increases
  • Lease Type: Absolute Net Lease

OVERVIEW

LONG TERM LEASE: Offering comes with over 12 years left on its primary term. PASSIVE INVESTMENT: Lease is structured with ZERO Landlord responsibilities making this the ideal passive investment. PERSONAL GUARANTEE: Lease is personally guaranteed by the founder, and spouse, of And Go Concepts. MARKET DYNAMICS: Mesa, part of the Phoenix metropolitan area, continues to experience economic growth and population increases, supporting a robust retail environment. The city’s favorable business climate and expanding infrastructure contribute to the attractiveness of retail investments in this region. REAL ESTATE: Situated near the intersection of Power Rd and Broadway Rd, this property benefits from high visibility and accessibility in a bustling area of Mesa. The drive-thru model caters to the increasing demand for quick-service dining experiences. MARKET PRESENCE: Based out of Phoenix, Arizona, Salad & Go is a household name with more than 75% of their total location spread throughout the valley.

FOR SALE DETAILS

PRICE

$1,921,883 USD

PRICE/SF

$2,746 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Salad and Go

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

218-21-004H

ASK ABOUT THIS PROPERTY

Branden MondragonLevRose Real EstateMore Info
719-671-0962

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Branden MondragonLevRose Real EstateMore Info
719-671-0962

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