PROPERTY DETAILS
Price |
$3,097,000 |
CAP |
5.65% |
LEASE TERM |
10 Years |
LEASE TYPE |
Absolute NNN |
Building Size |
±3,190 SF |
PROPERTY HIGHLIGHTS
REAL ESTATE FUNDAMENTALSThis drive-thru Filiberto’s is directly adjacent to the intersection of Val Vista Dr and Baseline Rd (±69,000 VPD), with direct access from Baseline and seconds away from the U.S. 60, seeing ±184,900 VPD. BUSTLING RETAIL INFILLNearby national tenants at the intersection include Starbucks, Chase Bank, Five Guys, and Taco Bell, with a grocery center anchored by AJ’s Fine Foods directly across the street. |
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EXCEPTIONAL DEMOGRAPHICSWithin 5 miles, the population of ±361,000 residents boasts an average household income of nearly $110,000, well above the average household income for the Phoenix area. ECONOMIC STRENGTHMesa’s targeted industries, aerospace, healthcare, education, and technology, bring an abundance of opportunity with major employers like Boeing, Banner Health, Dexcom, and Apple with its new Global Data Command Center. |
CONTACT
Alec Miller
Acquisitions & Dispositions Manager
D: 480.745.2460 | M: 480.531.
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Peter LeBlanc
Acquisitions & Dispositions Associate
D: 480.750.8922 | M: 928.284.8404
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