The Shoppes at Higley Village is a Walmart grocery anchored retail center at the NWC of E University Dr & N Higley Rd in Mesa AZ. Suite #105 is approximately 1,107 SF has 1 ADA Restroom, a small office and a small storage room with the balance all open area. Annual Base Rent is $18/SF with 3% annual increases. NNNs for 2023 are budgeted at $5.23/SF for 2023. As such the Total Monthly Rent net electric and tenant taking care of their own interior janitorial is as follows:
#105
Rent = $1,525.50
NNN = 482.47
Sales Tax in Mesa: 50.18
Total Monthly Rent: $2,058.15
The Landlord delivers the suite clean and in working order. The tenant pays for and does their own Tenant Improvements. Lease terms are a minimum 3 years and on on up to 5 years.
