• $1,500,000

625 W Southern Avenue, Mesa, AZ 85210

Sqft5167
Listing Courtesy of American Realty Brokers

Description

Great income producing property zoned OC with a CAP Rate of 5.86% for the life of the current 84-month NNN Lease! The current Tenant is into their 3rd year of their lease and (2) 5yr extensions are available, each at a market rent rate determined at the time of renewal. The current Tenant acts as the property manager. If you are looking for an office building to occupy as an owner/operator, the Tenant is willing to terminate the lease and relocate. Excellent frontage to Southern Ave. Do not disturb the current tenant.

Details

Status:Active
Type:Comm/Industry Sale
Built Year:1973
Property ID:6884307

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