Commercial Investment Building Triple Net Lease Mesa AZ

By
Real Estate Agent with Self-Employed, 1st Time & move up buyers,FHA, VA conventiona

This offering represents a good investment opportunity for an owner user or investor with a Triple Net Leased Commercial building Mesa, to acquire a quality building at below replacement cost. The Rural/Metro Corporation,has been a tenant since 1979 on a NNN lease. Current use is a Firehouse. Lessee is responsible for all taxes and repairs.

 This property has two lots totaling of over 14,000 sqft of land. It has two oversize garage bay doors for large vehicle parking. The garage building is of wood metal construction built in 1994 and the office building is wood frame, built in 1979 and has a finished interior with ceramic tile floors and electric central air conditioning. There are smoke detectors and security lights. The interior consists of two bedrooms, 1 bath, a kitchen and a living room area in this Triple Net Leased Commercial Building Mesa

These lots are about 130 wide and, on average, 105' deep and has dual street frontage with a building sign. Traffic count has been 50,000 to 75000. There are 12 open parking spaces and the whole lot is fenced with chain link and block. The annual gross monthly income to the owner is $8956.60 so the cap rate is about 5.12%.

Contact Don Farris of West USA Realty at 623-640-1810 for more info on this Triple Net Leased Commercial Building Mesa




334 N POWER Road
Mesa, AZ 85205
Commercial Investment Opportunity Building Mesa AZ
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Don Farris
Realtor


Mobile: 623-640-1810

Price : $175,000
Square Foot : 1,501
Lot Size : 14,061
Community : Sunaire Estates
County : Maricopa
Property Type : Commercial
Year Built : 1994
MLS Number : 4586459



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Property Description
This offering represents a great investment opportunity for an owner user or investor to acquire a quality building at below replacement cost. The Rural/Metro Corporation,has been a tenant since 1979 on a NNN lease. Current use is a Firehouse. Lessee are responsible for all taxes and repairs. This property has two lots total of over 14,000 sqft of land.
It has two oversize garage bay doors for large vehicle parking. The garage building is of wood metal construction built in 1994 and the office building is wood frame, built in 1979 and has a finished interior with ceramic tile floors and electric central air conditioning. There are smoke detectors and security lights. The interior consists of two bedrooms, 1 bath, a kitchen and a living room area.
These lots are about 130 wide and, on average, 105' deep and has dual street frontage with a building sign. Traffic count has been 50,000 to 75000. There are 12 open parking spaces and the whole lot is fenced with chain link and block.

Rural Metro has rented the property since 1979 on a triple net lease so they are responsible for taxes and all utilities and repairs. The annual gross monthly income to the owner is $8956.60 so the cap rate is about 5.12%
Features List
  • 14061 sq ft lots
  • Commercial zoned
  • 2 bed 1 ba building
  • Oversize Garage -2
  • cap rate 5.12%
  • Triple Net lease
  • 12 parking spaces
  • Chain link fencing
  • Also Block Fence
  • Central A/C
  • Dual frontage
  • Sunaire Estates
  • 85205
Equal Housing Opportunity.
West USA Realty : 16150 N Arrowhead Fountain Center Dr - Peoria AZ 85382
Posted by

The Fenwick Team-Jeanne Fenwick-Wall NMLS#197536 & AZ #0911275

 AmeriFirst Financial, Inc,  15111 N Pima Rd Ste 110, Scottsdale, AZ 85260

 Amerifirst Financial Disclosure-  The opinions expressed here are the personal opinions of Jeanne Fenwick-Wall.  Content published here is not read or approved by Amerifirst Financial before it is posted and does not necessarily represent the views and opinions of Amerifirst Financial.

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