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    308-340 E University Dr Mesa, AZ 85201

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    For Lease
    Contact for pricing

    Prime retail space with high visibility and customization options.

    Property size:
    900 SF
    Lot size:
    3.93 Acres

    Property Features for 308-340 E University Dr

    General Information

    Size
    900 SF
    Lot size
    3.93 Acres

    Source: MPB Realty Services Agent Jacob Ray

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

    Overview

    Retail Space in Escobedo Plaza

    This commercial property, located in Escobedo Plaza, offers an exceptional opportunity for lease. Escobedo Plaza is a community shopping center with a size of approximately 50,000 square feet. The available space is 900 square feet and boasts prominent monument signage on University and Mesa Drive, ensuring maximum visibility in a high-traffic intersection with over 46,000 vehicles per day. The property is located across the street from downtown Mesa's largest planned development, Transform 17. The property offers a versatile layout suitable for a wide range of businesses. The modern facade and ample parking make this property a standout choice. Tenant Improvement monies are available, allowing for customization of the space.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -111.8241996
    Latitude
    33.4230094

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    FAQs

    What type of property is this?
    Strip mall - Prime retail space with high visibility and customization options.
    Where is this strip mall located?
    The property is located at 308-340 E University Dr Mesa, AZ.
    What are key features of this property?
    This property features: - Located across from Transform 17, Downtown Mesa's largest planned development.; - High-traffic intersection with over 46,000 vehicles per day.; - Prominent monument signage on University and Mesa Dr.
    (602) 280-1010
    Request Owner's contact information
    308-340 E 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
    308-340 E University Dr Mesa, AZ 85201
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