NNN Investment Property

116 W Broadway Rd. Mesa, AZ 85210

FOR SALE
Property Type:
Warehouse
Amount:
$2,600,000
Last Verified:
Dec 15, 2021

Highlights

  • Fully Leased Warehouse & Office Space | NNN Investment Property
  • 6.1% Cap Rate
  • 15-year Sale Lease Back, with two 5-year options
  • Unique Long Term Scrap Metal Tenant with rare City of Mesa permit approval
  • One of Kind Indoor Facility
  • Dense population with an average of 56,951 within 3 miles
  • Great visibility from near intersection

Description

Great NNN Industrial Investment Property | 22,048 SF Warehouse & Office Spaces

The space includes a 2-story remodeled building, reception area, and offices. It features nice ceramic tile, super insulated, finished interior, 26' clear height and seven large roll-up doors for easy access. A separate metal building is in the rear. They are located in a 1/2 acre paved yard with gated parking area, security lighting, and private bathroom with shower.

The property fronts Broadway Road between Country Club and Center, just south of the redevelopment of Downtown Mesa.


Year Built: 1948
Building Size: 22048sq ft
Lot Size: 0 acres

Map of 116 W Broadway Rd., Mesa, AZ, 85210

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

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:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.