406 N Val Vista Dr - Retail FOR SALE


Mesa, AZ 85213- Central Mesa
$3,456,310 USD
480-659-1777
406 N Val Vista Dr, Mesa, AZ for Sale
$3,456,310 USD
Retail - FOR SALE
1/9
null | 5.15% Cap Rate

406 N Val Vista Dr
Mesa, AZ 85213
Central Mesa


OVERVIEW

PROPERTY DESCRIPTION Introducing a premier investment opportunity in Mesa, Arizona. This newly constructed 2,400 SF freestanding Starbucks, completed in 2025, presents a strong addition to any retail portfolio. Strategically positioned at the signalized hard corner of Val Vista Drive and University Drive on approximately 34,773 SF (0.80 acres), the property benefits from exceptional visibility and steady traffic counts. Zoned NC by the City of Mesa, the site is surrounded by established retail and commercial amenities and offers convenient access to Loop 202, US 60, and SR 87, supporting long-term tenant success and stable income potential. APN: 140-12-008G PROPERTY FEATURES 100% NNN Leased Single Tenant Investment Sale Corporate Guaranty Signed by Starbucks Corporation 2025 Construction 10 Year Initial Lease Term with Ample Renewal Options Approx 2,400 SF Zoned NC, City of Mesa Near Retail and Business Amenities Close Proximity to Loop 202 Freeway, US 60 Freeway, and SR 87

FOR SALE DETAILS

PRICE

$3,456,310 USD

PRICE/SF

$1,440 USD /SF

CAP RATE

5.15%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

-

APN/PARCEL ID

140-12-008G

ASK ABOUT THIS PROPERTY

Grafton MilneMenlo Group Commercial Real EstateMore Info
480-659-1777

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Grafton MilneMenlo Group Commercial Real EstateMore Info
480-659-1777

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