NNN Investment Property 8.24% OAR

West Main Street, Mesa, AZ

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Property Information

  • For Sale $1,675,000
  • Property Type Retail
  • Lot Size 0.69 Acre
  • Property Tenancy Single Tenant
  • Date Updated Aug 9, 2026

Description

NNN Investment with corporate guarantee. Lease originated April 20, 2021 with primary term of 10 years and four (4) x five (5)-year options. Current rent is $10,000/month through 5/26. Rend adjusts in May 2026 to $11,500/month, then per the following schedule: LY11: $13,225/mo. | LY16: $15,209/mo. | LY21: $17,490/mo. | LY26: $20,114/mo.

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Location

Located at West Main Street, Mesa, AZ, this property is part of the Mesa Grande neighborhood and Phoenix market.

  • 60/100 Somewhat Walkable
  • 54/100 Good Transit
  • 69/100 Bikeable
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