2260 E Main St - Auto Dealership FOR SALE


Mesa, AZ 85213
$9,500,000 USD
480-362-9507
2260 E Main St, Mesa, AZ for Sale
$9,500,000 USD
Auto Dealership - FOR SALE
1/11
null | 5.47% Cap Rate

2260 E Main St
Mesa, AZ 85213


HIGHLIGHTS

  • $520,057.04 Year 1 NOI with 2% Annual Escalations
  • Cash Flowing Covered Land

OVERVIEW

5 years remaining on a national credit lease (3, 5 year options to renew at market) Guaranteed by Publicly Traded Company Lazy Daze RV (NASDAQ:LAZY) 9.6 AC of Land Over 500' of Frontage on Main Street with Great Light Rail Access Zoned C-3 $520,057.04 year 1 NOI, with 2% Annual Escalations Used as a Recreation Vehicle Sales, Storage, and Maintenance Facility 20,000 SF Sales and Service Building that is 50% HVAC & 50% EVAP Cash Flowing Covered Land

FOR SALE DETAILS

PRICE

$9,500,000 USD

PRICE/SF

$522 USD /SF

CAP RATE

5.47%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

LazyDays RV of Pheonix-Mesa

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

800

LAND DETAILS

LAND ACRES

9.6 AC

LAND SF

418,176 SF

ZONING

GC / C-3, Mesa

APN/PARCEL ID

140-24-002D

ASK ABOUT THIS PROPERTY

Kyle McGinleyRoss Brown Partners, Inc.More Info
480-362-9507

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Kyle McGinleyRoss Brown Partners, Inc.More Info
480-362-9507

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.