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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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