5114 E Southern Ave - Freestanding FOR SALE
Mesa, AZ 85206 |
5114 E Southern Ave
Mesa, AZ 85206
HIGHLIGHTS
- Eight Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate Guaranty
- Longstanding Tenant at Strong Medical and Retail Intersection
- 6.5 Percent Rental Increases Every Five Years with Multiple Renewal Options
- 325,386 Residents within a Five-Mile Radius - Growing Trade Area in the Phoenix MSA
- Average Household Income Exceeds $95,500 in the Immediate Area
- Immediate Proximity to Superstition Springs Center, Major Retail Shopping Mall with Over 60 Specialty Stores and Entertainment Concepts
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Signature Salon Studios
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
10480
STORIES
1
YEAR BUILT
2002
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
140-53-569
