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    835 W University Dr, Unit | Mesa Mesa, AZ 85201

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    For Sale
    $1,930,000

    NNN leased retail property with established tenant in Mesa, AZ.

    Property size:
    2,570 SF

    Property Features for 835 W University Dr

    General Information

    Size
    2,570 SF
    Source: Tcnworldwide

    Listing Agent: Keri Davies

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mesa Retail Investment Opportunity

    This retail property is leased to FastMed Urgent Care under an absolute NNN lease, with a remaining lease term of 7 years. The property is situated at the southwest corner of University Drive and Extension Road in Mesa, Arizona. It is located within an opportunity zone. The property size is 2570 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    HonorHealth Urgent Care ... Urgent Care Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Fry's Pharmacy, Trisha L. Fenwick, RPH, WYCKED NATURALS, Lou Musa, RPh, Venkata Vemulapalli

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.8495003
    Latitude
    33.4218762

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    FAQs

    What type of property is this?
    Drug store - NNN leased retail property with established tenant in Mesa, AZ.
    Where is this drug store located?
    The property is located at 835 W University Dr, Unit | Mesa Mesa, AZ.
    What is the asking price?
    The asking price for this property is $1,930,000.
    What are key features of this property?
    This property features: - Leased to FastMed Urgent Care, providing stable income.; - Absolute NNN lease, minimizing landlord responsibilities.; - 7 years remaining on the lease term.
    (602) 697-3416
    Request Owner's contact information
    835 W University Dr, Unit | Mesa Mesa, AZ 85201
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    Mesa, AZ 85201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    835 W University Dr, Unit | Mesa Mesa, AZ 85201
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