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The Nlag Advantage
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Mesa, AZ 85206
Signature Salon Studios
Property Address
5114 East Southern Avenue, Mesa, AZ, USA
Offering Summary
Price:
$2,650,000
Lot Size:
1.81 Acres
Cap Rate:
7.29%
Year Built:
2017
Building SF:
10,480
Status:
In Escrow
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Principal
Broker
Eight Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate Guaranty
Longstanding Tenant at Strong Medical and Retail Intersection
6.5 Percent Rental Increases Every Five Years with Multiple Renewal Options
325,386 Residents within a Five-Mile Radius - Growing Trade Area in the Phoenix MSA
Average Household Income Exceeds $95,500 in the Immediate Area
Immediate Proximity to Superstition Springs Center, Major Retail Shopping Mall with Over 60 Specialty Stores and Entertainment Concepts
Highly Visible Location Along East Southern Ave & Higley Rd (Over 64,900 Cars per Day at Intersection)
Surrounded by National Retailers - Sprouts Farmers Market, Lowe's Home Improvement, Walmart Supercenter, and Many More
Located Directly Off of US-60 Highway with Over 249,500 Cars per Day
Broker Information
McAlister Cleary
Agent
Phone Number:
602-687-6682
mcalister.cleary@marcusmillichap.com
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
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