Entity Owned Property summary
This exceptional investment opportunity presents a 149,710-square-foot At Home store situated on an expansive 11.98-acre lot in Mesa, Arizona. The property boasts a highly desirable absolute NNN lease with a prominent national tenant, At Home, ensuring minimal landlord responsibilities and predictable cash flow. The lease, commencing October 1, 2014, and expiring September 30, 2029, has a remaining term of approximately 4.9 years, offering immediate income generation. The current Net… Operating Income (NOI) stands at $856,111, translating to an attractive 7.50% capitalization rate and a price per square foot of $76.25. Built in 2002, this single-story building is located at 1944 S Greenfield Rd, Mesa, AZ 85206, within the thriving Greenfield Gateway retail corridor, alongside national retailers such as Walmart, Sportsman's Warehouse, and Hobby Lobby. The property benefits from a strong demographic profile, including a high average household income of $116,684 within a one-mile radius and a densely populated trade area with approximately 358,175 residents within a five-mile radius. The lease includes annual 2% rent increases, providing built-in income growth. The large lot size presents potential for future redevelopment, adding further value to this exceptional investment. The property's location offers convenient access to US-60 Freeway, experiencing approximately 249,545 vehicles per day. This is a rare opportunity to acquire a high-performing retail asset in a prime location with significant upside potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
5 recorded sales · 16 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 149,700 SF
- Lot area
- 11.99 ac
- Year built
- 2002
- Stories
- 1
- APN
- 140-67-023B
- Zoning
- LC
- Assessed value · 2024
- $3,923,010
- Annual tax · 2023
- $184,176
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
Limited Commercial (LC). To provide areas for indoor retail, entertainment, and service-oriented businesses that serve the surrounding residential trade area within a one (1) to 10-mile radius. Typical uses include, but…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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