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Marcus & Millichap offers exclusively for sale this 24-hour Walgreens in Mesa Arizona. Walgreens has been operating at this location for 20 years and recently exercised their first renewal option. Store has a very strong sales history and about a 2% rent to sales ratio. Located in a very densely populated area, high traffic and $70,000 average household income.
This retail building is for sale or lease. common parking easement w/ center, completed renovation in 2004, business sale consideredDO NOT DISTURB TENANT - CONFIDENTIAL
Great visibility & curb appeal. Area tenants include: Target, Big 5 Sports, JoAnn Fabrics, and Harbor Freight tools.
The building is an auto dealership building of masonry construction with a showroom, parts room, large service area and abundant parking. Thereis rooftop parking for approximately 93 vehicles. The asking price of $3,250,000 is $26.96 per land square foot. Landprices in many places on the Light Rail are approaching that as citiesincluding Mesa are encouraging high density residential and mixed use.
This is a BMO Harris Bank fee simple absolute NNN lease in Mesa, AZ. The 100% fee simple interest in the underlying land and building is being offered. The lease calls for 2% annual rental increases and zero landlord obligations. The asset is well situated near major retailers, including Albertson' s Supermarket, Starbucks and Jack in the Box.
Shopping Center anchored by Walgreens, Goodwill, Beal's Outlet, JoAnn Fabric & Scapbook.com. Value Add thru lease up / 86% occupied. High C/c return / 17% with the ability to grow it to 28%. Low cost psf / $65 psf. Well below replacement cost. Long term Leasehold Interest of 88 years. Tax Benefit / Depreciation Asset.
The only fee simple restaurant pad site at Mesa Spectrum Shopping Center. Fully fixturized. Building size of 5,660 sqft with 1,833 sqft enclosed patio. Co-tenants include AMC Theaters & Wal-Mart SuperCenter. Strong area employment and residential demographics. Buy the Building or Business or Both. Full Equipment Included.
Sitting at the hard corner of Baseline Road and Crismon Road, the branch offers exceptional visibility and convenient access to US Route 60. The building totals 4,692 square feet with 28 parking spaces and 3 drive-thrus. The immediate area is characterized as a mixed-use neighborhood with big-box retail destinations flanked by a dense residential base. The property is an outparcel to Bashas' and also benefits from its proximity to Walmart, Kohl's, Staples, and Best Buy. The market also supports the Sunland Springs Village Golf Course and Augusta Ranch Golf Club.