365 S Power Rd - Freestanding FOR SALE


Mesa, AZ 85206- Superstition Springs
$2,870,000 USD
610-469-4000
365 S Power Rd, Mesa, AZ for Sale
$2,870,000 USD
Freestanding - FOR SALE
1/1
null | 4.36% Cap Rate


HIGHLIGHTS

  • Brand New 2,584 Building under construction on .96 AC lot - Whataburger opening September 2025, but tenant's rent has commenced
  • Absolute NNN 15-Year Ground Lease w/three (3), five (5) year options; 10% increases every 5 years including renewal periods
  • Premier hard corner location in an established growing trade area
  • National tenant WHATABURGER: Iconic, fast-growing QSR brand with over 1,100 locations nationwide
  • Excellent 1031 Exchange Opportunity: Passive, long-term cash flow secured by an established, creditworthy tenant
  • Ideal investment for Net Lease buyers: Long-term stability, scheduled rent increases, and strategic Mesa location

OVERVIEW

Absolute NNN Ground Lease with Zero Landlord Responsibility; 15-year primary term with 10% rental increases every 5 years.

FOR SALE DETAILS

PRICE

$2,870,000 USD

PRICE/SF

$857 USD /SF

CAP RATE

4.36%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

C-2

APN/PARCEL ID

218-21-023

ASK ABOUT THIS PROPERTY

Emma BarrecaDiversified Partners, LLCMore Info
610-469-4000

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Emma BarrecaDiversified Partners, LLCMore Info
610-469-4000

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