2024 NET LEASE OPPORTUNITY | DOUBLE DRIVE-THRU | ONO HAWAIIAN BBQ

1008 E Southern Ave East Southern Avenue Mesa, AZ 85204

1008 E Southern Ave East Southern Avenue , Mesa, AZ, 85204
1008 E Southern Ave East Southern Avenue , Mesa, AZ, 85204 1008 E Southern Ave East Southern Avenue , Mesa, AZ, 85204 1008 E Southern Ave East Southern Avenue , Mesa, AZ, 85204
FOR SALE
Property Type:
Free Standing Building
Amount:
$2,182,000
Cap Rate:
5.50%
Last Verified:
May 06, 2024

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» 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.

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Map of 1008 E Southern Ave East Southern Avenue , Mesa, AZ, 85204

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because: