Shops | 4210 E Baseline Rd
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Shops 4210 E Baseline Rd
9,842 SF 100% Leased Retail Building Mesa, AZ 85206 £2,222,368 (£226/SF) 6.30% Net Initial Yield
Investment Highlights
- 100% leased offering minimal landlord responsibilities (77% occupied by businesses actively involved in the medical field)
- Within minutes of Banner Desert Medical Center
- Dense infill location with nearly 130,000 people within a 3-mile radius
- Less than one mile from US-60 Freeway
- Strong area with significant disposable income
- Excellent visibility along Baseline Road
Executive Summary
Listing page - https://www.cbredealflow.com/handler/modern.aspx?pv=hsM-o40jChEkW6HflNV8eHq5BSFoXB4q9jwon3lNX7fVLuYi6T4eLvuyL0zpjJHELfNIinNRkGTqENNfs_QXEw#_top
Confidentiality agreement: https://www.cbredealflow.com/buyer/findprofile?pv=hsM-o40jChEkW6HflNV8eHq5BSFoXB4q9jwon3lNX7fveeefrysDCyfm_zHgmd_i
Confidentiality agreement: https://www.cbredealflow.com/buyer/findprofile?pv=hsM-o40jChEkW6HflNV8eHq5BSFoXB4q9jwon3lNX7fveeefrysDCyfm_zHgmd_i
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,842 SF
Building Class
B
Year Built
2002
Price
£2,222,368
Price Per SF
£226
Net Initial Yield
6.30%
NOI
£140,080
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.30
Land Acres
0.76 AC
Zoning
C-2, Mesa - LC (Limited Commercial), City of Mesa
Frontage
177 ft on Baseline Rd
Amenities
- Bus Route
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 140-67-024 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £107,372 |
PROPERTY TAXES
Parcel Number
140-67-024
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£107,372
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Shops | 4210 E Baseline Rd
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