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Redeveloped Office Building with Adaptive Reuse
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1520 W Southern Ave, Mesa, AZ 85202

Redeveloped in 2015 with updated exterior curb appeal and interior finishes, offering possible adaptive reuse including retail.

Property Size16,792 SF
Days on Market185

Property Features for 1520 W Southern Ave

General Information

Standard status Active
Size 16,792 SF
Property subtype OFFICE

Additional Details

Highway Access Yes

Building Details

Year Renovated 2015
Listing Agency: Kidder Mathews | Phoenix
Listed By: Darren Tappen · License #SA5107190000
Source: Moodyscre
Added: Mar 13 Changed: Sep 10 Last Checked: Sep 12 at 5:20AM

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 Kidder Mathews | Phoenix

Investment Insights

Based on property information with market context.

This office building was redeveloped in 2015 with updated exterior curb appeal and interior finishes. The property also offers possible adaptive reuse, with the inclusion of retail contemplated as part of its future use.

The area is described as high growth, driven by development connected to the 80-acre Fiesta Mall site. The property also benefits from easy access to US 60 and Loop 101, along with recently completed infrastructure improvements to Southern Ave.

With a redevelopment history and flexibility for adaptive reuse, the building may fit a range of office and retail-oriented plans, subject to applicable approvals.

Key Highlights

  • Redeveloped in 2015 with updated exterior curb appeal and interior finishes
  • Possible adaptive reuse, including retail
  • Easy access to US 60 and Loop 101

Property Analytics

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Current Use

Select Physical Therapy ... Medical Clinic

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Kitchen & Bath Showroom Hair Salon HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,329
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Redeveloped in 2015 with updated exterior curb appeal and interior finishes, offering possible adaptive reuse including retail.
Where is this office building located?
The property is located at 1520 W Southern Ave Mesa, AZ.
What are key features of this property?
This property features: Redeveloped in 2015 with updated exterior curb appeal and interior finishes; Possible adaptive reuse, including retail; Easy access to US 60 and Loop 101
(602) 513-5112 Call to check price and availability
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