Mesa, AZ 85204

Flaming Kabob

Property Address

2252 East Baseline Road, Mesa, AZ, USA

Offering Summary

  • Price: $650,000
  • Lot Size: .67 Acres
  • Cap Rate: 7.38%
  • Year Built: 1997 / 2020
  • Building SF: 3,200
  • Status: In Escrow
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  • 6 Years Remaining on Lease Term
  • Annual Rent Increases
  • 403,752 Residents in Growing Mesa Trade Area - Phoenix MSA
  • Below Market Rent with Significant Upside
  • Significant Remodel Completed in 2020
  • Adjacent to Newly Completed 104-Unit Apartment Complex
  • Average Household Income Exceeds $80K in Surrounding Area
  • Visible to 31,555 Car/Day Along E Baseline Road - Nearly 67,200 Cars/Day at the Nearby Intersection of Baseline Road and Gilbert Road

Broker Information