Stand Alone Office Building – 8% Cap Rate 1156 E. 8th Ave Mesa, AZ 85204

Active

Listing Type For Sale

Price $1,125,000

Size (sqft) 7648

Category Office

Description

OX Urban Properties is pleased to offer to qualified investors the opportunity to acquire this high return real estate asset featuring a unique, covid resistant, low risk, and extremely successful Tenant.  With a 45 year track record of success, the new lease that will be signed by the Tenant will offer a Buyer the unique opportunity to step into steady, low risk, cash flow. The Buyer has the benefit of having a brand new, absolute NNN, five (5) year lease, with three (3) – three (3) year options, executed with Tri-City Property Management Services, Inc. This offering provides an investor with the ideal opportunity to purchase an asset located in the rapidly growing City of Mesa with consistent cash flow and the potential to redevelop or raise rents at the end of the lease Term. With over 34,000 cars per day on Stapley and only minutes from Downtown Mesa, this property is a great opportunity for future upside potential.
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