Filiberto's 3636 E Baseline Rd

3636 E Baseline Rd , Mesa, Arizona, 85206 | 3,190 sq.f | $ 3,097,000

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About This Restaurant

Investment Highlights

REAL ESTATE FUNDAMENTALS: This drive-thru Filiberto?s is directly adjacent to the intersection of Val Vista Dr and Baseline Rd (?69,000 VPD) EXCEPTIONAL DEMOGRAPHICS: Within 5 miles, the population of ?361,000 residents boasts an average household income of nearly $110,000 BUSTLING RETAIL INFILL: Nearby national tenants include Starbucks, Chase Bank, Five Guys, & Taco Bell, w/ a grocery anchored center across the street ECONOMIC STRENGTH: Mesa?s targeted industries, aerospace, healthcare, education, and technology, bring an abundance of opportunity w/ major employers

Executive Summary

Rare Absolute NNN QSR Drive-Thru

Property Details

  • Sale Type    Investment NNN
  • Property Type    Retail
  • Property Subtype    Fast Food
  • Building Size    3,190
  • Building Class    B
  • Year Built    1996
  • Price    3,097,000
  • Price Per SF    971
  • Cap Rate    5.65
  • NOI    174,981
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.09
  • Land Acres    0.85 AC

Nearby Amenities & Transportation

Retail IHOP
Retail MidFirst Bank
Retail Cafe Zupas
Retail Panda Express
Retail Capriotti's
Retail Chase Bank
Retail StretchLab
Retail Starbucks
Retail First Watch
Retail Five Guys

Property Taxes

Parcel Number 140-66-460A Improvements Assessment $0
Land Assessment $0 Total Assessment $148,243
Date Created: 2024-07-16 04:09:20 Last Updated: 2024-07-16 04:09:20
Address: 3636 E Baseline Rd , Mesa, Arizona, 85206