About This Restaurant
Investment Highlights
Stand Alone Building Full Restaurant Build Out Two Bathrooms Drive Thru Walk-in
Executive Summary
ABSOLUTE NNN Lease that commenced September 1, 2023 with a NATIONAL tenant located in 4 states (currently) and 3 Valley Locations. Stand alone restaurant building w/ a DRIVE THRU. Base Rent increases each 5-year term. No Landlord maintenance responsibilities. Request the OM for details.
Property Details
- Sale Type Investment
- Sale Condition 1031 Exchange
- Property Type Retail
- Property Subtype Freestanding Freestanding General Retail Fast Food General Retail Restaurant Freestanding
- Building Size 2,690
- Building Class C
- Year Built 1972
- Price 1,150,000
- Price Per SF 428
- Cap Rate 6.55
- NOI 75,320
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.15
- Land Acres 0.42 AC
- Opportunity Zone Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Amenities
- Bus Line
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 135-60-095A | Improvements Assessment | $0 (2024) |
| Land Assessment | $0 (2024) | Total Assessment | $59,130 (2024) |
| Date Created: | 2024-07-16 04:09:21 | Last Updated: | 2024-07-16 04:09:21 |
| Address: | 154 N Country Club Dr , Mesa, Arizona, 85201 | ||