FOR SALE: NNN Leased Daycare Property | Mesa AZ

Price: $398,000
Cap Rate: 9.6%
Building Size: 3,201 SF
Property Type: Retail
Total Lot Size: 0.21 Acres
Year Built: 1951

Highlights

NNN Lease through December 31st, 2020
Annual Increases in Place
Five Year Option with 3% Annual Increases
Tenant Responsible for all Property Maintenance
Highly Visible Location
Established Mesa Neighborhood

Description

1044 East Broadway is a 3,201 square foot freestanding building, fully occupied by Nana's Place Daycare. The tenant's lease is in place until the end of 2020 with annual increases. Nana's Place Daycare operates a second daycare facility in Fountain Hills, AZ

Location

The property is located on Broadway Road just west of Stapley Drive in the heart of Mesa. Sitting directly on Broadway Road (26,499 VPD), Nana's Place Daycare benefits from the high visibility. Access to the property is along Spencer.

For more information, click here: NNN Leased-1044 E. Broadway_Sale_Brochure

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