Filiberto's Mexican Food | Mesa, AZ

3636 E Baseline Rd Mesa, AZ 85204

3636 E Baseline Rd, Mesa, AZ, 85204
3636 E Baseline Rd, Mesa, AZ, 85204 3636 E Baseline Rd, Mesa, AZ, 85204 3636 E Baseline Rd, Mesa, AZ, 85204 3636 E Baseline Rd, Mesa, AZ, 85204 3636 E Baseline Rd, Mesa, AZ, 85204
FOR SALE NNN Property
Property Type:
Single Tenant Retail (NNN)
Amount:
$3,097,000
Cap Rate:
5.65%
Last Verified:
Mar 04, 2024

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REAL ESTATE FUNDAMENTALS This 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 INFILL Nearby 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. EXCEPTIONAL DEMOGRAPHICS Within 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 STRENGTH Mesa’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.

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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."

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