In-N-Out Burger for Sale in Mesa, AZ
Mesa, AZ
Key Investment Metrics
Price
$5,166,667
Cap Rate
3.0%
Net Operating Income
$155,000
Building Size
3886 SF
Land Area
1.32 Acres
Remaining Term
18.3 years
Lease Expiration
10/31/2044
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
2024
Tenancy
Single
Rent Increases
10% Annually
Property overview
In-N-Out Burger in Mesa
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 3,886 SF
- Land area
- 1.32 acres
- Year built
- 2024
- Lease type
- Absolute NNN
- Lease expiration
- 10/31/2044
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.