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    1151 W University Dr Mesa, AZ 85201

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    For Lease
    $25 SF/Yr ($5,175 /Mo)

    Premium retail space with signage opportunities at major intersection.

    Property size:
    2,484 SF
    Lot size:
    0.43 Acres

    Property Features for 1151 W University Dr

    General Information

    Size
    2,484 SF
    Lot size
    0.43 Acres

    Source: Rein & Grossoehme Agent Mark Rein

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

    Overview

    High Visibility Corner Retail Space

    This retail space offers premium high visibility as a hard corner end cap located on a major intersection. The property provides a rarely available type of space, with the potential for triple-side building signage. The property size is 2484 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Little Caesars Pizza Pizza Restaurant Anna Hopper - State ... Auto Insurance Agency CheckSmart Loan Agency

    Suggested Use

    Realty agency Restaurant Law Firm 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.

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.8559715
    Latitude
    33.4217482

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    FAQs

    What type of property is this?
    Retail space - Premium retail space with signage opportunities at major intersection.
    Where is this retail space located?
    The property is located at 1151 W University Dr Mesa, AZ.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Premium high visibility space; - Hard corner End Cap on a Major Intersection; - Triple-Side building signage possible
    (480) 214-9400
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    1151 W University Dr 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
    1151 W University Dr Mesa, AZ 85201
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