9921 W Main St - Retail FOR SALE


Mesa, AZ 85207- East Mesa
$1,500,000 USD
602-697-0730
9921 W Main St, Mesa, AZ for Sale
$1,500,000 USD
Retail - FOR SALE
1/13
null | 9.2% Cap Rate

9921 W Main St
Mesa, AZ 85207
East Mesa


HIGHLIGHTS

  • Absolute NNN Investment
  • Corporate Guarantee
  • Central Location

OVERVIEW

NNN Investment with corporate guarantee. Lease originated April 20, 2021 with primary term of 10 years and four (4) x five (5)-year options. Current rent is $10,000/month through 5/26. Rend adjusts in May 2026 to $11,500/month, then per the following schedule: LY11: $13,225/mo. | LY16: $15,209/mo. | LY21: $17,490/mo. | LY26: $20,114/mo.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$469 USD /SF

CAP RATE

9.2%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

220-38-011F

ASK ABOUT THIS PROPERTY

Roberta VossRE/MAX Fine PropertiesMore Info
602-697-0730

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Roberta VossRE/MAX Fine PropertiesMore Info
602-697-0730

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