Property profile

1411 S Power Rd Mesa, AZ 85206

FOR LEASE
Turn key restaurants
Property ID
US07-1162096
2,204 SF 1.35 ac lot Built 2017
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2017
Construction CONCRETE
Total area 2,204 SF
Lot 1.35 ac (58,806 SF)
Zoning code LC
APN 218-56-452
UPID US07-1162096

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Mobile Phone Store Electronics & Wireless Store
  • Eye Care Center Optometrist
  • Physician

Location

1411 S Power Rd Mesa, AZ 85206
Mesa metro Census 422633 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.61M
Blend (final) Blend
$2.61M

Owner & transaction history

since 2019
7 recorded transactions
2019
$6.5M
2019
Price N/A
2017
Price N/A
2005
Price N/A
2005
Price N/A
1995
$1.6M
1994
$750,000

Zoning & alternative use

LC · Mesa, AZ
Zoning description

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…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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