Denny’s Mesa, AZ

5854 East Longbow Parkway
Mesa, AZ

Price: $4,750,000
Cap Rate: 4.00%
NOI: $190,000
Building Size: Approx. 4,412 Sq. Ft.
Lot Size: Approx. 1.89 Acres
Type: Single-Tenant / Retail
Sub Category: Casual Dining
Year Built: 2021

Investment Overview

  • 2021 Construction. 4,412+/- SF Building on 1.89+/- Acre Site
  • Brand New Sale Lease-Back w/ Stine Investments, LLC
  • 20 Yr Abs. NNN Lease w/ 8% Rental Increases Every 5 Yrs, Including Options
  • Excellent Location Along Longbow Parkway Adjacent to Red Mountain Fwy (71K VPD)
  • Near Target, The Home Depot, PetSmart, Walmart Supercenter, Staples, Kohl’s, Mattress Firm
  • Strong Income Demos w/ an est. $109,867 within a 3-Mile Radius
  • Mesa | Second Largest City in Phoenix-Mesa MSA | Population: 517,981+