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8946 & 8950 E Germann Rd

2 Retail Properties Offered at $16,121,215 CAD in Mesa, AZ

Executive Summary

This Investment NNN sale for 2 fully leased buildings and a cell tower lease is now available for $11,337,000. Leased to Elevate Trampoline Park & Lavish Studios, this investment sports a 6.25% cap with both buildings offering signage and monument signage options with both sites sitting on 4 acres. Elevate Trampoline Park is an indoor jump center where guests can somersault and catapult across a slew of trampoline-lined arenas. Lavish Studios is luxury salon suites providing services and a workplace for hair stylists, estheticians, spray tanning, massage therapists, eye lash extensions, and jewelry sales. Call for additional details for this investment NNN leased opportunity!

Property Facts

Price $16,121,215 CAD
Price / SF $461.15 CAD / SF
Cap Rate 6.25%
Sale Type Investment NNN
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 34,959 SF
Total Land Area 8.02 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
8950 E Germann Rd, Mesa, AZ 85212 Retail 10,500 SF 2022 -
8946 E Germann Rd, Mesa, AZ 85212 Retail 24,459 SF 2020 -
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  • Listing ID: 34111512

  • Date on Market: 2024-12-06

  • Last Updated:

  • Address: 8946 & 8950 E Germann Rd, Mesa, AZ

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