Two-Tenant NNN
For Sale
Contact for pricing
Pending
1961 S Val Vista Dr, Mesa, AZ 85204
Net-leased commercial asset occupied by Habit Burger and Sleep Number in Mesa, Arizona.
Property Size5,687 SF
Days on Market143
Property Features for 1961 S Val Vista Dr
General Information
Standard status
Pending
Size
5,687 SF
Property subtype
Retail
Additional Details
Cap Rate
4.15%
Anchor Co-Tenants
Habit Burger, Sleep Number
Building Details
Tenancy
Multi
Listing Agency:
Phoenix Commercial Advisors
(602) 288-3472
Listed By:
Chad Tiedeman · License #AZ SA536326000
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 10:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Phoenix Commercial Advisors
Investment Insights
Based on property information with market context.
This two-tenant commercial property combines Habit Burger and Sleep Number within a net-leased investment structure. The property contains 5,687 SF and is associated with a 4.15% cap rate, providing a defined framework for evaluating the offering.
Located at 1961 S Val Vista Dr in Mesa, Arizona, the asset brings two established occupancies together at one commercial address. The tenant configuration and NNN structure make the property relevant for investors seeking a multi-occupant commercial asset with documented operating characteristics.
Located at 1961 S Val Vista Dr in Mesa, Arizona, the asset brings two established occupancies together at one commercial address. The tenant configuration and NNN structure make the property relevant for investors seeking a multi-occupant commercial asset with documented operating characteristics.
Key Highlights
- Two‑tenant occupancy featuring Habit Burger and Sleep Number
- 5,687 SF commercial property
- NNN investment structure
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,506
Businesses Nearby
294k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Shops & Services 34%
Apparel 5%
Beauty & Spa 3%
Barnes & Noble
Shops & Services
32,582 visits/mo
0.3 miles
Circle K
Shops & Services
20,502 visits/mo
0.0 miles
IHOP
Dining
15,300 visits/mo
0.1 miles
Taco Bell
Dining
14,937 visits/mo
0.1 miles
Panda Express
Dining
14,180 visits/mo
0.1 miles
Demographics for 85204, AZ
63,808
Population
24,536
Households
2.6
Avg Household Size
33
Median Age
20%
College-Educated
84%
High-School Grad
9.9 sq mi
ZIP Area
6,445
Density / Sq Mi
$69,474
Median Household Income
$40,347
Median Earnings
$1,426
Median Rent
$296,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Net-leased commercial asset occupied by Habit Burger and Sleep Number in Mesa, Arizona.
Where is this nnn property located?
The property is located at 1961 S Val Vista Dr Mesa, AZ.
What are key features of this property?
This property features: Two‑tenant occupancy featuring Habit Burger and Sleep Number; 5,687 SF commercial property; NNN investment structure
