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1325 N Greenfield Rd 8,812 SF 100% Leased Retail Building Mesa, AZ 85205 $2,728,000 ($309.58/SF) 6.25% Cap Rate




INVESTMENT HIGHLIGHTS
- Excellent Location
- Good Parking
- Strong Tenants
- Good Exposure
EXECUTIVE SUMMARY
Strong tenants. Cracker's Café was an original occupant when the building was constructed in 2005. Since then they have opened another location in Mesa and one in Tempe, Milan Laser has over 260 locations in 31 states.
Current management company has managed the property since 2006.
Also available, 1249 and 1309 N Greenfield Road.
Current management company has managed the property since 2006.
Also available, 1249 and 1309 N Greenfield Road.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
8,812 SF
Building Class
B
Year Built
2005
Price
$2,728,000
Price Per SF
$309.58
Cap Rate
6.25%
NOI
$170,493
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.99 AC
Zoning
C-2 - Commercial
Parking
29 Spaces (4.5 Spaces per 1,000 SF Leased)
Frontage
68’ on North Greenfield Road
AMENITIES
- Restaurant
NEARBY MAJOR RETAILERS




PROPERTY TAXES
Parcel Number | 141-33-130 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $176,859 |
PROPERTY TAXES
Parcel Number
141-33-130
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$176,859
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1325 N Greenfield Rd
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