Storefront
New
For Sale
$5,750,000
2039 W Guadalupe Rd, Mesa, AZ 85202
The property occupies a storefront location on W Guadalupe Road in Mesa.
Property Size32,398 SF
Price / SF$177.48
Days on Market2
Property Features for 2039 W Guadalupe Rd
General Information
Standard status
Active
Size
32,398 SF
Property subtype
Discount
Lease Type
NNN
Amenities
Corporate Goodwill Guaranty with Five-Years Remaining on the Primary Lease Term
Long-Term AT&T Cell Tower Income with Over 23 Years Remaining on the Primary Lease Term and Annual Rental Increases
Top Performing Site-Subject Property is in the Top Nine Percent of Goodwill Locations in the United States per Placer.ai
Nearly 430,000 Residents within Five-Miles in the Densely Populated Phoenix MSA
Prominent Position at West Guadalupe Road and South Dobson Road, Accessible by More Than 41,000 Vehicles per Day
Down the Road from Dobson High School with Approximately 2,285 Students
Affluent Surrounding Demographics with Average Household Income Exceeding $112,000
Minutes from Arizona State University Research Park, a Major Employment Hub with More Than 6,000 Employees Across 50 Corporate Tenant Companies
Building Details
Building Size
32,398 SF
Listing Agency:
Marcus & Millichap | Phoenix
Listed By:
Nick Christifulli · License #License(s): AZ: SA679442000
(602) 687-6694
Source:
Marcusmillichap
Added: Oct 19
Last Checked: Oct 19 at 2:49PM
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 Marcus & Millichap | Phoenix
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial property is classified as a storefront and is located at 2039 W Guadalupe Road in Mesa, Arizona. Its address places it on a named road within the city; no additional physical or tenant details are included here.
Key Highlights
- 2039 W Guadalupe Road, Mesa, AZ 85202
- Classified as a storefront property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$286,918
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,738,360
$5.7M
Cap Rate 7%
$4,098,829
$4.1M
Cap Rate 9%
$3,187,978
$3.2M
Market Conditions
NOI Build-Up for 32,398 SF
Gross rent
$439.3K $13.56/SF
− Vacancy
−$29.4K −$0.91/SF
EGI
$409.9K $12.65/SF
− OpEx
−$123.0K −$3.80/SF
NOI
$286.9K $8.86/SF
Area
Mesa, AZ
Vacancy
6.70%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,738,360
Cap Rate 7%
$4,098,829
Cap Rate 9%
$3,187,978
Alternative Uses
Best Use
Retail
$4.10M
$3.59M – $4.78M
NOI $286,918 @ 7.0% cap · market cap 4.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.88M
$7.77M – $10.36M
NOI $621,637 @ 7.0% cap · market cap 10.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
371
Businesses Nearby
94k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Shops & Services 34%
Apparel 24%
Beauty & Spa 1%
Circle K
Shops & Services
22,803 visits/mo
0.1 miles
Goodwill
Apparel
22,789 visits/mo
0.1 miles
SONIC Drive In
Dining
12,438 visits/mo
0.2 miles
Starbucks
Dining
12,014 visits/mo
0.1 miles
Native Grill & Wings
Dining
7,988 visits/mo
0.3 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Storefront property - The property occupies a storefront location on W Guadalupe Road in Mesa.
Where is this storefront property located?
The property is located at 2039 W Guadalupe Rd Mesa, AZ.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: 2039 W Guadalupe Road, Mesa, AZ 85202; Classified as a storefront property
