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    5057 E Mckellips Rd Mesa, AZ 85215

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    For Lease
    $17 SF/Yr ($2,187 /Mo)

    Retail space available for sublease in Mesa, Arizona.

    Property size:
    1,500 SF
    Lot size:
    1.23 Acres

    Property Features for 5057 E Mckellips Rd

    General Information

    Size
    1,500 SF
    Lot size
    1.23 Acres

    Source: COBE Real Estate Agent TJ Zaharis

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

    Overview

    Mesa Retail Space Sublease

    This retail space is available for sublease until 11/30/2027. The property benefits from excellent visibility and exposure, with a traffic count of 42,420 vehicles per day. It is located approximately 1.5 miles from Loop-202, providing connectivity to Tempe and Mesa. The surrounding area has an average household income exceeding $100,000. Daytime employment within a 1-mile radius is over 10,000. Shadow anchors include Walmart, Kohl's, and Target, along with numerous local eateries. The property is located in the Falcon Field area.
    Insight Report Location Intelligence

    Current Use by Public Records

    Mike's Barbershops Barber Shop Venezia's Pizzeria Pizza Restaurant Bike Boss Bicycle Shop INK Tattoo Co. Tattoo Shop T Nail Lounge Nail Salon

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.7204648
    Latitude
    33.4512965

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    FAQs

    What type of property is this?
    Retail space - Retail space available for sublease in Mesa, Arizona.
    Where is this retail space located?
    The property is located at 5057 E Mckellips Rd Mesa, AZ.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - Below market rate in Falcon Field area; - Excellent visibility and exposure at 42,420 VPD; - Sublease opportunity until 11/30/2027
    (480) 628-6363
    Request Owner's contact information
    5057 E Mckellips Rd Mesa, AZ 85215
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    Mesa, AZ 85215
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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
    5057 E Mckellips Rd Mesa, AZ 85215
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