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7000 E Main St

6,598 SF Retail Building Mesa, AZ 85207 £1,788,201 (£271/SF) 7% Net Initial Yield

Executive Summary

- Frontage on Main St.
- Private Parking Lot
- Large Independent Monument Sign
- Front Patio
- Enclosed Back Patio
- 2 Large Multi-Stall Restrooms
- Multiple Walk-In Coolers
- Food Preparation Areas
- Leased Investment for Sale at 7.0% Cap Rate
- Approx. 4.5 Years of Tenant Lease Term Remaining (Dec. 31st 2028)

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,598 SF
Building Class
C
Year Built
1977
Price
£1,788,201
Price Per SF
£271
Net Initial Yield
7%
NOI
£125,174
Tenancy
Single
Number of Floors
1
Building FAR
0.14
Land Acres
1.10 AC
Zoning
LC, City of Mesa
Parking
80 Spaces (12.12 Spaces per 1,000 SF Leased)

Amenities

  • Conferencing Facility
  • Restaurant
  • Signage
  • Accent Lighting
  • Storage Space
  • Recessed Lighting
  • Monument Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
218-13-001K
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£86,344
  • Listing ID: 33638343

  • Date on Market: 25/10/2024

  • Last Updated:

  • Address: 7000 E Main St, Mesa, AZ 85207

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