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28757098
28757099

8946-8950 E Germann Rd, Mesa, AZ 85212

TM
AZ AZ SA641547000
DAUM Commercial Real Estate Services Phoenix
DC
AZ SA641240000
DAUM Commercial Real Estate Services Phoenix
CR
AZ SA634966000
DAUM Commercial Real Estate Services Phoenix
Listed by DAUM Commercial Real Estate Services Phoenix
$10,200,000
197 days on market
Updated 62 days ago

Elevate Trampoline Park NNN Investment Opportunity

Details
Property Type Industrial, Retail
Sub Type Flex, Manufacturing (+1)
Square Footage 40,043
Cap Rate 8.21%
NOI $837,594
Occupancy 100%
Tenancy Multi
Lease Type NNN
Lease Term 7
Lease Expiration 12/31/2030
Remaining Term 4.5
Rent Bumps Yes
Lease Options Three 5 Year Options
Price per SqFt $255
Class A
Year Built 2020-2022
Buildings 2
Acreage 4.010
Investment Type Net Lease
Lease Commencement 01/01/2024
Occupancy Date 01/01/2024
Ceiling Height 16-26

Industrial | 8.21% CAP | 40,043 SqFt

Marketing description

Introducing a prime investment opportunity at 8946-8950 E. Germann Rd., Mesa, AZ! This modern property spans approximately 40,043 SF between 2 properties situated on a spacious 4.01-acre lot and was constructed between 2020-2022 with a high 26' clear height. Current tenants include Lavish Studios LLC, Elevate Trampoline Park, and TowerCOM VII-B, LLC with significant lease terms remaining and attractive rental rates.

This property boasts a lucrative property value of $10,200,000 and a solid CAP rate of 8.21%, providing a promising return on investment. With a diverse tenant mix and strong financial performance, this offering presents a compelling opportunity for investors looking to add a high-performing asset to their portfolio. Don't miss out on this exclusive chance to own a premium commercial property in a thriving location! Contact our brokers today for more information and to secure this exceptional investment before it's gone.

Potential to be repurposed to an IOS site in the future.

Listing Contacts

TM
AZ AZ SA641547000
DAUM Commercial Real Estate Services Phoenix
DC
AZ SA641240000
DAUM Commercial Real Estate Services Phoenix
CR
AZ SA634966000
DAUM Commercial Real Estate Services Phoenix
Listed by DAUM Commercial Real Estate Services Phoenix

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$837,594.00
$69,799.50/mo

Valuation Metrics

0
DSCR
8.21%
Cap Rate
8.21%
ROI

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Additional Information

Name
Trevor McKendry
License
AZ SA641547000
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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