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9921 E Main St
Mesa, AZ 85207
Asking Price
$1.68M
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 0.69 acres <p>NNN Investment with <strong>corporate guarantee</strong>. Lease originated April 20, 2021 with primary term of 10 years and four (4) x five (5)-year options. Current rent is $10,000/month through 5/26. Rend adjusts in May 2026 to $11,500/month, then per the following schedule: LY11: $13,225/mo. | LY16: $15,209/mo. | LY21: $17,490/mo. | LY26:</p><p>$20,114/mo.</p>
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NOI
$80,000
Cap Rate
4.78%
DSCR
0.80
Underwater
Cash-on-Cash
-3.87%
Monthly Payment
$8,286.986
Annual Cash Flow
$-19,443.833
