4821 E Indigo St - Distribution FOR SALE


Mesa, AZ 85205- Central Mesa
$2,950,000 USD
818-390-0838
4821 E Indigo St, Mesa, AZ for Sale
$2,950,000 USD
Distribution - FOR SALE
1/19
null | 5.93% Cap Rate

4821 E Indigo St
Mesa, AZ 85205
Central Mesa


HIGHLIGHTS

  • 10 yr leaseback - 2.5% annual increases - ±10,046 SF
  • Tenant has been in business since 1987/Excellent Financials
  • Excellent property condition and functionality
  • Located in a low vacancy submarket
  • Area is home to: Northrop Grumman, Mitsubishi, TriMas, Bemo, MD Helicopters & more!

OVERVIEW

LevRose Commercial Real Estate is pleased to present a ten (10) year sale-leaseback with On Track Garage Door Service/CHI Overhead Doors. The property is located at 4821 E. Indigo Street in Mesa, AZ within the highly sought after Falcon Field Industrial Submarket. The area is home to a multitude of companies such as: Northrop Grumman, TriMas, Mitsubishi, Boeing, Bemo USA, MD Helicopters, and more! The property is in excellent condition and has features that are highly functional for any industrial use. 4821 E. Indigo has: ±10,046 SF of improvements, ±20 ft clear height, multiple grade level doors, EVAP cooled warehouse, LED lights, wet sprinklers, skylights, additional mezzanine capabilities, a truck well, a secured yard, security cameras, an electric car charger, and more. The building sits on a lot just over an acre which allows for ample yard space. We are offering this sale leaseback at $2,950,000 at a 5.93% capitalization rate. The tenant will have two and one half (2.5%) annual escalations in the lease to combat inflation.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$294 USD /SF

CAP RATE

5.93%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

ADD'L SUBTYPES

Manufacturing, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

1

DRIVE INS

3

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.03

LAND SF

44,664

ZONING

LI, Mesa

APN/PARCEL ID

141-34-306

ASK ABOUT THIS PROPERTY

Mark CassellLevRose Real EstateMore Info
818-390-0838

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

Mark CassellLevRose Real EstateMore Info
818-390-0838

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