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    1250 S Alma School Rd Mesa, AZ 85210

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    For Sale
    $1,363,636

    Long-term NNN ground lease with corporate guaranty.

    Property size:
    2,691 SF
    Lot size:
    0.95 Acres

    Property Features for 1250 S Alma School Rd

    General Information

    Size
    2,691 SF
    Lot size
    0.95 Acres

    Source: Cushman & Wakefield | Phoenix Agent Chris Hollenbeck

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    NNN Ground Lease Opportunity

    This property features an absolute NNN ground lease, representing a leasehold interest. The primary lease has approximately 13 years remaining. A strong corporate guaranty is in place. The lease includes a 10% rent increase every 5 years. The property is 2691 square feet. It is suitable for drive-through restaurants, restaurants, retail properties, NNN properties, and specialty properties.
    Insight Report Location Intelligence

    Current Use by Public Records

    4 Sons Gas Station Raising Cane's Chicken ... Fast Food Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.8577678
    Latitude
    33.3920104

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    FAQs

    What type of property is this?
    Drive through restaurant - Long-term NNN ground lease with corporate guaranty.
    Where is this drive through restaurant located?
    The property is located at 1250 S Alma School Rd Mesa, AZ.
    What is the asking price?
    The asking price for this property is $1,363,636.
    What are key features of this property?
    This property features: - Absolute NNN Ground Lease (Leasehold Interest); - Long Term Primary Lease - **±13 Years Remaining**; - **Strong Corporate Guaranty**
    (602) 954-9000
    Request Owner's contact information
    1250 S Alma School Rd Mesa, AZ 85210
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    Mesa, AZ 85210
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1250 S Alma School Rd Mesa, AZ 85210
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