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    1054 E Southern Ave Mesa, AZ 85204

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    For Lease
    Contact for pricing

    High-traffic restaurant space near US-60, Mesa Community College, and Banner

    Property size:
    3,759 SF
    Lot size:
    3,759 SF

    Property Features for 1054 E Southern Ave

    General Information

    Size
    3,759 SF

    Building Details

    Year built
    2010

    Source: Brian Gausden Agent Brian Gausden

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

    Overview

    Prime Restaurant Space in Mesa

    Located at the intersection of Southern Avenue and Stapley Drive in Mesa, this restaurant space offers exposure and accessibility. Positioned off the US-60 freeway, the site benefits from high daily traffic. The location is surrounded by national retailers, residential neighborhoods, and commercial corridors. It is located minutes from Mesa Community College and Banner Desert Medical Center. The former Habit Burger location features signage opportunities and ample parking. The space is suitable for a quick-service or fast-casual concept. The available space is 4,000 SF and is available for sublease. Monument signage is available on Southern Ave. The property is just over 1 mile to U.S. Route 60 (Superstition Freeway). The average household income exceeds $90,000 within a 1-mile radius. There are over 150,000 residents within a 3-mile radius.
    Insight Report Location Intelligence

    Current Use by Public Records

    The Habit Burger Grill Hamburger Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Just Catering, Arctic Shaved Ice Cart Catering

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.807752
    Latitude
    33.3937204

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    FAQs

    What type of property is this?
    Restaurant - High-traffic restaurant space near US-60, Mesa Community College, and Banner
    Where is this restaurant located?
    The property is located at 1054 E Southern Ave Mesa, AZ.
    What are key features of this property?
    This property features: - High-traffic location at the intersection of Southern Ave & Stapley Dr, directly off the US-60 freeway; - Former Habit Burger location, ideal for quick-service or fast-casual restaurant; - Strong co-tenancy with surrounding national retailers and thriving commercial corridors
    (602) 778-3740
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    1054 E Southern Ave Mesa, AZ 85204
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    Mesa, AZ 85204
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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
    1054 E Southern Ave Mesa, AZ 85204
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