2252 Baseline RdMesa, AZ 85204

Property Details for 2252 Baseline Rd

Year built

1997

Construction

STEEL FRAME

Lot size

0.67 AC

Property size (Sq ft)

3,581 SF

Zone code

C-G

Property type

Turn key restaurants

APN

140-62-308

APU

14062308

Description

This exceptional freestanding restaurant building presents a unique owner-user opportunity in Mesa, Arizona. Located at 2252 E Baseline Rd, 85204, this 3,200 square foot property sits on a 0.67-acre lot (APN 140-62-308) and is zoned C-2. Built in 1997, the Class B building is currently vacant but boasts desirable features for a restaurant operator, including a commercial kitchen hood system and a walk-in cooler. The property benefits from a dedicated monument sign and enjoys a prime location within a high-traffic area anchored by major retailers such as dual grocery stores, EOS Fitness, Peter Piper Pizza, Applebee's, Taco Bell, KFC, Wells Fargo, Einstein Bros Bagels, and Z-Tejas Mexican Grill. The strong traffic counts and high population density make this an ideal location for a thriving restaurant business. The asking price is $1,600,000, translating to $500 per square foot. This is a rare opportunity to acquire a well-situated, ready-to-occupy restaurant space in a vibrant commercial area. Don't miss out on this chance to establish your restaurant in a high-visibility location with excellent existing infrastructure.

• CAP approach

  CAP return

  Valuation

  6%

  $1,668,773

  6.5%

  $1,540,406

  7%

  $1,430,377

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,035,661

  Geo Method

  $2,035,661

• Alternative Use

  Use

  Valuation

  Residential

  $1,299,390

  Hospitality

  $1,190,234

  Educational

  $990,261

  Medical

  $1,024,318

  Retail

  $1,540,406

Location Insight

City

Mesa

County

Maricopa

State

Arizona

Latitude

33.3794

Longitude

-111.784

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].