Mesa, AZ 85209

AAA

Property Address

6915 East Baseline Road, Mesa, AZ, USA

Offering Summary

  • Price: $3,182,000
  • Lot Size: 1.09
  • Cap Rate: 4.40%
  • Year Built: 1998/2022
  • Building SF: 5,000
  • Status: In Escrow
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  • Brand New 10-Year Absolute Triple-Net (NNN) Lease
  • 10 Percent Rental Increases Every Five Years
  • 299,084 Residents within a Five Mile Radius - Dense Mesa Infill in the Phoenix MSA
  • Situated in a Prominent Retail Corridor with Several National Tenants Including Fry's, Petco, Home Depot, Goodwill, and Harkins Theatres
  • Highly Visible Location Along East Baseline Road, with 75,500+ Cars/Day at the Nearby Intersection of East Baseline Road and South Power Road
  • Easily Accessible Location Immediately Off Superstition Freeway (US 60), a Major Phoenix Area Connector with 169,850+ Cars/Day
  • Average Household Income Exceeds $94,000 within a One-Mile Radius
  • Down the Road from Superstition Springs Center, a 1.2 Million SF Shopping Mall Anchored by Dillard's, JCPenney, and Macy's

Broker Information