Mesa, AZ 85210

Verizon

Property Address

1305 South Alma School Road, Mesa, AZ, USA

Offering Summary

  • Price: $3,600,000
  • Lot Size: .52 Acres
  • Cap Rate: 6.22%
  • Year Built: 2017
  • Building SF: 4,000
  • Status: Available
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  • Five Years Remaining on Triple-Net (NNN) Lease with Verizon Corporate
  • Rental Increases in Each of the Three, Five Year Renewal Option Periods
  • 423,775 Residents within a Five-Mile Radius - Densely Populated and Growing Mesa Trade Area in the Phoenix MSA
  • Excellent Frontage Along South Alma School Road (37,800+ Cars/Day) with Immediate Access to the Superstition Freeway (US-60) (281,500+ Cars/Day)
  • One Mile from Mesa Community College (16,500+ Students) and Two Miles from Banner Desert Medical Center
  • Across the Street from In-N-Out Burger, Dutch Bros Coffee, and LongHorn Steakhouse, and in Close Proximity to Numerous Other National Retailers - Target, Walgreens, McDonald’s, Dollar Tree, and More
  • Across from a Proposed 514-Unit Residential Development and Commercial Buildings
  • Adjacent to The Mesa Tower - a 16-Story, 311,949 SF, Class A High-Rise Office Building

Broker Information