1902 1906 1928 1936 1940 E Main St and 60 N Gilbert Rd, Mesa, AZ 85203
56,095 SF retail space in central Mesa location.
- Added:
- Mar 6, 2026
- Days on Market:
- 123
- Last Refresh:
- Jul 1 at 10:18 pm
Property Features for 1902 1906 1928 1936 1940 E Main St and 60 N Gilbert Rd
General Information
- Standard status
- Active
- Size
- 56,095 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1975
Listing office Commercial Properties Inc Tempe (602) 315-7131
Listing date Mar 6, 2026
Source Cpiaz
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HighLights
- Prime retail space totaling 56,095 square feet.
- NWC of Main St and Gilbert Rd location.
- Main St and Gilbert Rd frontage.
- Adjacent to Valley Metro Light Rail.
- Centralized Mesa location.
- One main building with two suites and three PADs.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $760.6k | $13.56 |
| − Vacancy | −$51.0k | −$0.91 |
| EGI | $709.7k | $12.65 |
| − OpEx | −$212.9k | −$3.80 |
| NOI | $496.8k | $8.86 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Mesa
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.7881986
- Latitude
- 33.4500004