235 Country Clb Dr Mesa, AZ 85201-6539
This freestanding, two-story convenience store building presents a compelling investment opportunity in Mesa, Arizona. Located at 235 N Country Club Dr, 85201, this property boasts 9,880 square feet of net rentable space on a 0.649-acre lot (28,286 sq ft). The building features a drive-thru, offering exceptional convenience for customers. With a Class C designation and a NNN lease in place, the property generates a strong net operating income (NOI) of $72,120, resulting in a 4.51% cap rate. The asking price is $1,600,000 ($161.94 per square foot). Currently 100% occupied, the existing tenant is amenable to early termination, providing flexibility for an owner-user or redevelopment. The property benefits from high visibility on Country Club Drive, with 31,650 vehicles passing daily, and enjoys 214 feet of frontage. Situated within Mesa's Downtown Business District, this location offers proximity to numerous national retailers and a robust business community. The property is zoned DB-1 and is offered fee simple. This is a rare opportunity to acquire a well-located retail property with significant upside potential in a thriving market. The potential to acquire the existing business and liquor license adds further value.
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Bad Habits (Bike/Boat/Book/etc) Store Wine and Liquor Store
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CoinFlip Bitcoin ATM Bank Business Banking Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-TC · Mesa, AZCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.