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 |