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This is a rare opportunity to acquire the leased-fee (lessor) interest in a five-property residential ground-lease portfolio across Scottsdale, Tempe, and Mesa -- three single-family homes, one triplex, and one fourplex, ten residential units in total. The owner holds the land and collects an in-place ground rent of approximately $31,707 per year that increases 17.5% every five years by contract. The leases are absolute-n: the lessees pay all property taxes, insurance, maintenance, and capital costs, leaving the owner with no operating responsibilities. Roughly 93 to 97 years remain on the 99-year terms, at the end of which the land and all improvements revert to the owner at no cost.
| DAYS ON MARKET | 2 | LAST UPDATED | 7/7/2026 |
|---|---|---|---|
| YEAR BUILT | 1957 | COUNTY | Maricopa |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| CONSTRUCTION | See Remarks |
|---|---|
| HEAT | See Remarks |
| INTERIOR | Other (See Remarks) |
| LOT | 0.82 acre(s) |
| PARKING | See Remarks |
| WATER | See Remarks |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with R.O.I. Properties
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Copyright 2026 MRED. All rights reserved.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.