6757 E Southern Ave - Auto Repair FOR SALE


Mesa, AZ 85206- Superstition Springs
$1,648,000 USD
602-363-9826
6757 E Southern Ave, Mesa, AZ for Sale
$1,648,000 USD
Auto Repair - FOR SALE
1/4
null | 6.25% Cap Rate

6757 E Southern Ave
Mesa, AZ 85206
Superstition Springs


HIGHLIGHTS

  • Absolute NNN lease with zero landlord responsibilities for truly passive income.
  • Multi-layered guarantee structure with five distinct sources of lease guarantee.
  • Biannual CPI-based rent increases capped at 2% throughout the lease term.
  • Prime Southern Avenue frontage with ±62,000 VPD and major retail co-tenancy.
  • ±2,507 SF building on a ±0.57-acre outparcel to Superstition Springs Mall.
  • Dense, affluent Mesa trade area with 119,000+ residents within 5 miles.

OVERVIEW

David Harrington Matthews Real Estate Investment Services, Inc License # CO701910000, BR715518000 (AZ) 4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,648,000 USD

PRICE/SF

$657 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Meineke Car Care

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

C-2, Mesa

APN/PARCEL ID

141-54-035F

ASK ABOUT THIS PROPERTY

Zach StevensMatthews Real Estate Investment ServicesMore Info
602-363-9826

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Zach StevensMatthews Real Estate Investment ServicesMore Info
602-363-9826

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