NNN Investment Property 8.24% OAR — Sale in Mesa, AZ

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Mesa, AZ 85201

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.

Market Context

This retail in Mesa, AZ is listed for sale. It has been on the market for 2 days. Compare it against other retail listings for sale in Mesa, AZ — view the full market.

As of Q1 2026, the Phoenix retail market showed a 4.8% vacancy rate, and average asking rents near $19.00/SF/yr. Source: multiple brokerage reports, Q1 2026.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

Is the Phoenix retail market tightening or softening?
Vacancy is around 4.8% (Q1 2026).

Estimated Market Rate

$93.79/SF – $126.89/SF

Mid: $110.34/SF

Rate estimator only; cost-of-business estimate unavailable.

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