2024 NET LEASE OPPORTUNITY | DOUBLE DRIVE-THRU | ONO HAWAIIAN BBQ
1008 E Southern Ave East Southern Avenue
Mesa, AZ 85204
FOR SALE
Property Type:
Free Standing BuildingAmount:
$2,182,000
Cap Rate:
5.50%Last Verified:
May 06, 2024
» PRIME REAL ESTATE FUNDAMENTALS
Drive-thru QSR fronting Southern Ave, a main east/west thoroughfare seeing ±21,000 VPD and ±0.5 miles due north of US 60 Highway (±224,000 VPD).
» MESA RANCH PLAZA
Outparcel to Mesa Ranch Plaza, a grocery-anchored center featuring Los Alto Ranch Market, and host to national tenants including Goodwill, Five Below, Habit Burger, Buffalo Wild Wings and T-Mobile.
» CITY OF MESA
Mesa, the 3rd largest city in the state, is home to amenities ranging from expansive business districts, and top-rated educational institutions all the way to MLB Spring training for the Chicago Cubs and Oakland A’s.
» ROBUST DEMOGRAPHICS
Nearly 406,000 residents within a 5 mile radius with an average household income of over $95,000.