Entity Owned Property summary
AI-generated overview
This fee-simple, 1,964 sq ft Starbucks in Mesa, AZ, offers a compelling investment opportunity. Located on a heavily trafficked thoroughfare with freeway access (US-60), this property benefits from high visibility and strong demographics. The 100% occupied, single-tenant building features a corporate-guaranteed, net-net lease with Starbucks (NASDAQ: SBUX), providing a stable income stream. The lease includes five, 5-year options, and Starbucks recently exercised an early option renewal, demonstrating commitment to the location. The property boasts a 5.30% cap rate and a $132,386 NOI. Built in 2015, the single-story building sits on a 0.54-acre lot and is surrounded by national retailers, including Home Depot, Walmart, and Costco. Its proximity to Mesa Community College (2.5 miles) further enhances its appeal. The property's strong financials, tenant stability, and prime location make it an attractive investment for discerning buyers. The asking price is $2,499,999.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2015
Construction
STEEL FRAME
Total area
1,964 SF
Lot
0.54 ac (23,454 SF)
Zoning code
C-G
APN
139-50-027D
UPID
US07-3169357
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
-
Cafe & Coffee Shop
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
since 2025
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
C-G · Mesa, AZ
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 11 comparables with addresses
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Realmo’s models returned no estimation for this property yet.
2
Subject property
Included free
GBA
1,964 SF
Lot area
0.54 ac
Year built
2015
Stories
1
APN
139-50-027D
Zoning
C-G
Assessed value
$132,727
Annual tax
$10,968
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.31M
Weighted, 11 comps · high confidence
Evidence
11 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
8.7 mi away · 1,594 SF
11.7 mi away · 2,400 SF
14.7 mi away · 1,770 SF
15.0 mi away · 1,802 SF
15.1 mi away · 2,419 SF
5
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 22 sales
$258
+159%
Submarket 152 sales
$262
+154%
County 968 sales
$336
+98%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $666/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 11 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.40M
Move the market yield to see immediate price impact.
Value / SF
$1,222
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$151k
$3.02M
$2.16M
$1.68M
$168k
$3.36M
$2.40M
$1.87M
$185k
$3.70M
$2.64M
$2.05M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
11 found
High confidence · county-verified
Closest comparable
$210k
2.2 mi · Feb 2026 · $152/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,968
Tax year 2023
Assessed value
$132,727
Assessed 2024
Previous assessed
$105,876
+25.4% YoY
Effective rate
8.26%
On assessed value
Land market value
$357,600
Improvement market value
$446,807
Total market value
$804,407
Applied tax rate
41,000.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2015
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Total area
1,964 SF
Lot
0.54 ac (23,454 SF)
Zoning code
C-G
APN
139-50-027D
UPID
US07-3169357
Jurisdiction
MARICOPA
Zoning & alternative use
C-G · Mesa, AZZoning C-G · permitted uses
C-G · Mesa, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2015
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Lot
0.54 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C-G
Jurisdiction
Mesa, AZ
Recorded code
C-G
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-G in Mesa, AZ.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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