8946 Germann Rd Mesa, AZ 85212-5301
This exceptional investment opportunity encompasses two modern retail buildings situated on a 4.01-acre lot at 8946 and 8950 E Germann Rd, Mesa, Arizona, zip code 85212, in Maricopa County. The property boasts a combined 40,500 square feet of retail space, with one building measuring approximately 24,459 square feet constructed in 2020 and the second building comprising approximately 10,500 square feet, completed in 2022. The buildings are in excellent condition and benefit from a strong net operating income (NOI) of $708,465, resulting in an attractive 6.25% capitalization rate. This compelling offering also includes a cell tower lease, adding further value to the investment. The asking price for this exceptional property is $11,337,000. This triple net lease investment presents a rare opportunity to acquire a high-performing retail asset in a prime Mesa location. The property's size, modern construction, strong NOI, and attractive cap rate make it an ideal addition to any investment portfolio. The location offers excellent visibility and accessibility, ensuring strong tenant occupancy and potential for future growth. This is a turnkey investment ready for immediate returns.
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Elevate Trampoline Park - Queen Creek Arcade & Gaming Center Family Recreation Center
mbers in this column refer to other sections of the Zoning Ordinance, while individual letters refer to subsections that directly follow the table. Table 11-7-3: Development Standards - Employment Districts Standard PEP LI GI HI Additional Standards Lot and Density Standards Minimum Site Area (acre) 2.5 1.0 1.0 1.0 Minimum Lot Width (ft.) 100 100 100 100 Min…
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
LI · Mesa, AZmbers in this column refer to other sections of the Zoning Ordinance, while individual letters refer to subsections that directly follow the table. Table 11-7-3: Development Standards - Employment Districts Standard PEP LI GI HI Additional Standards Lot and Density Standards Minimum Site Area (acre) 2.5 1.0 1.0 1.0 Minimum Lot Width (ft.) 100 100 100 100 Minimum Lot Depth (ft.) 100 100 100 100 Maximum Lot Coverage (% of lot) 90% 90% 90% 9
Costs & 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.