Overview

Description

This offering is for a fully occupied professional freestanding office located on the north side of University Dr one block west of Lindsay Rd in Mesa, Arizona. This is an administrative office for American Vision Partners whose Ten (10) Year NNN Lease expires on April 4, 2027. This property is in the established North Mesa area of the valley with high demographics and strong population numbers. This freestanding commercial building offers monument signage, plentiful parking (including covered), and well-kept landscaping. With easy access to Loop 202 and US 60, along with business, retail, and medical amenities, this property is ideally located for any buyer.

This offering is located on the north side of University Dr one block west of Lindsay Rd in Mesa, Arizona. This property is in the established North Mesa area of the valley which has high demographics and strong population numbers. This freestanding commercial building offers monument signage, plentiful parking (including covered), and well-kept landscaping. With easy access to Loop 202 and US 60, along with business, retail, and medical amenities, this property is ideally located for any buyer.

Highlights

• Purchase Price: $4,181,211.00 (7.14% Cap)
• NOI: $298,609.62 ($16.81 PSF NNN)
• 100% occupied but inquire for owner/user potential
• Administrative Building for American Vision Partners
• Single Tenant Freestanding Building
• NNN Lease with some Landlord maintenance responsibility
• Ten (10) Year Lease with Term through April 4, 2027
• Two Percent (2%) Annual Increases
• OC Zoning - City of Mesa

Documents

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