6757 E Southern Ave

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6757 E Southern Ave

Mesa, AZ 85206
Asking Price
$1.65M
Cap Rate
6.25%
Asset Type
Auto Shop Retail
Class
Class B

What's Special

Absolute NNN Meineke – Passive, CPI-Growth Lease in Prime Mesa Retail Corridor <ul><li>​Absolute NNN | Extensive Lease Guarantee | Zero Landlord Responsibilities</li><li>​Truly Passive Income: Tenant is responsible for all taxes, insurance, and maintenance.</li><li>​Management-Free: Ideal for out-of-state or passive investors looking for an "armchair" investment in a high-growth Arizona market.</li><li>​Multi-Layered Guarantee: Non-release structure with cumulative recourse, each tenant remains liable, creating a stacked guarantee.</li><li>​Multiple Guarantors: Five distin

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NOI
$80,000
Cap Rate
4.85%
DSCR
0.82
Underwater
Cash-on-Cash
-3.61%
Monthly Payment
$8,153.405
Annual Cash Flow
$-17,840.858

Location & Travel Times