NNN Restaurant
440 E Southern Ave, Mesa, AZ 85204
For Sale
Contact for pricing
A corporate-guaranteed fast-food tenancy carries an absolute NNN lease with renewal options.
Property Size2,000 SF
Lot Size0.56 Acres
Price / SF$1,137
Days on Market15
Property Features for 440 E Southern Ave
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Traffic Count
Road Access
Additional Details
Tenant in Place
Building Details
Buildings
Listing Agency:
CBRE - South Bay
Listed By:
Patrick Wade · License #CA 01454690
(213) 613-3071
Source:
Crexi
Added: Oct 26
Changed: Nov 8
Last Checked: Nov 8 at 3:40PM
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 CBRE - South Bay
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This fast-food property at 440 E Southern Ave is leased to Jack in the Box Inc. under an absolute NNN structure. The approximately 2,000-square-foot building occupies approximately 24,188 square feet of fee-simple land and has received recent exterior upgrades. About 10 years remain in the primary lease term, through September 2036, followed by four 5-year renewal options. The tenant is responsible for the roof, structure, HVAC, parking lot, taxes, insurance, utilities, and maintenance.
The property is an outparcel of a Food City-anchored shopping center and fronts Southern Avenue near Mesa Drive. Reported traffic exposure is more than 32,300 vehicles per day. Nearby national retailers include Walgreens, O’Reilly Auto Parts, Big 5, and Domino’s. The surrounding area has 168,815 residents within 3 miles and an average household income of $94,533.
The property is an outparcel of a Food City-anchored shopping center and fronts Southern Avenue near Mesa Drive. Reported traffic exposure is more than 32,300 vehicles per day. Nearby national retailers include Walgreens, O’Reilly Auto Parts, Big 5, and Domino’s. The surrounding area has 168,815 residents within 3 miles and an average household income of $94,533.
Key Highlights
- Absolute NNN lease with Jack in the Box Inc. corporate guarantee
- Approximately 2,000‑square‑foot building on approximately 24,188 square feet of fee‑simple land
- About 10 years remaining through September 2036, plus four 5‑year renewal options
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
32,300 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
672
Businesses Nearby
134k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 37%
Dining 37%
Groceries 25%
Electronics 1%
Food City Arizona
Groceries
33,587 visits/mo
0.2 miles
Jack in the Box
Dining
16,058 visits/mo
0.1 miles
AutoZone
Shops & Services
10,727 visits/mo
0.1 miles
Dollar Tree
Shops & Services
9,976 visits/mo
0.1 miles
Bahama Bucks
Dining
9,659 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for NNN properties in Mesa
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
NNN property - A corporate-guaranteed fast-food tenancy carries an absolute NNN lease with renewal options.
Where is this nnn property located?
The property is located at 440 E Southern Ave Mesa, AZ.
What is the asking price?
The asking price for this property is $2,275,000.
What are key features of this property?
This property features: Absolute NNN lease with Jack in the Box Inc. corporate guarantee; Approximately 2,000‑square‑foot building on approximately 24,188 square feet of fee‑simple land; About 10 years remaining through September 2036, plus four 5‑year renewal options
