Redeveloped Neighborhood Retail
For Sale
Contact for pricing
2110 W Southern Ave, Mesa, AZ 85202
Neighborhood retail center redeveloped in 2015, currently 49% occupied, with a rent guarantee on remaining vacancies.
Property SizeContact for details
Days on Market124
Property Features for 2110 W Southern Ave
General Information
Standard status
Active
Property subtype
Retail
Occupancy
49%
Building Details
Year Renovated
2015
Tenancy
Multi
Listing Agency:
Newmark
(480) 241-5146
Listed By:
Jesse Goldsmith · License #AZ SA586241000
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 1:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark
Investment Insights
Based on property information with market context.
The Shops at Banner Health is a neighborhood retail center that was redeveloped in 2015 and is currently 49% occupied. The property is being offered with a rent guarantee on the remaining vacancies at $16 NNN. The tenant mix includes national users such as Little Caesars, Pita Pit, and Firehouse Subs, with additional recent leasing bringing national tenant occupancy to 43% of the building.
The center is located in the Fiesta District, directly north of a Banner Health hospital. Nearby, Mesa Community College continues to grow year over year and now has total enrollment over 27,000 students.
The asset is positioned for leasing momentum as vacancies remain, including potential retail or medical uses given the Banner Health proximity.
The center is located in the Fiesta District, directly north of a Banner Health hospital. Nearby, Mesa Community College continues to grow year over year and now has total enrollment over 27,000 students.
The asset is positioned for leasing momentum as vacancies remain, including potential retail or medical uses given the Banner Health proximity.
Key Highlights
- Neighborhood retail center in Mesa, Arizona, redeveloped in 2015.
- Currently 49% occupied, with a rent guarantee on remaining vacancies at $16 NNN.
- National tenant mix includes Little Caesars, Pita Pit, and Firehouse Subs.
Property Analytics
Property Profile
Current Use
Lease Details
49%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,542
Businesses Nearby
147k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Shops & Services 33%
Circle K
Shops & Services
32,014 visits/mo
0.2 miles
McDonald's
Dining
23,693 visits/mo
0.1 miles
Wendy's
Dining
20,733 visits/mo
0.3 miles
Starbucks
Dining
13,886 visits/mo
0.0 miles
Filiberto's Mexican Food
Dining
9,829 visits/mo
0.1 miles
Demographics for 85202, AZ
39,626
Population
18,077
Households
2.2
Avg Household Size
34
Median Age
34%
College-Educated
91%
High-School Grad
6.2 sq mi
ZIP Area
6,391
Density / Sq Mi
$66,582
Median Household Income
$42,083
Median Earnings
$1,431
Median Rent
$334,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - Neighborhood retail center redeveloped in 2015, currently 49% occupied, with a rent guarantee on remaining vacancies.
Where is this shopping center located?
The property is located at 2110 W Southern Ave Mesa, AZ.
What are key features of this property?
This property features: Neighborhood retail center in Mesa, Arizona, redeveloped in 2015.; Currently 49% occupied, with a rent guarantee on remaining vacancies at $16 NNN.; National tenant mix includes Little Caesars, Pita Pit, and Firehouse Subs.
