2909 S Dobson Rd Mesa, AZ 85202
For Lease
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Dobbs Plaza, a prime retail investment opportunity in Mesa, Arizona, is now available for purchase. This exceptional property boasts 31,828 square feet of 100% occupied space, distributed across two single-story buildings situated on a 2.55-acre lot. The property features a strong tenant roster, including popular local businesses such as Bisbee Breakfast and Dobson Ranch Animal Hospital, ensuring consistent cash flow. The current Net Operating Income (NOI) stands at $390,981, yielding a 7.00% capitalization rate. The asking price is $5,585,443, translating to $217.64 per square foot. Located at 2909-2917 S Dobson Rd, Mesa, AZ 85202, this shopping center benefits from high visibility along Dobson Road, with a daily traffic count of 26,700 vehicles. The property is zoned LC - Limited Commercial and offers abundant parking and prominent building/monument signage opportunities. The lease type is NNN (Triple Net), spread across nine co-tenants, minimizing landlord responsibilities. This presents a value-add opportunity with potential for future growth and increased profitability. Easy access to Loop 101 and US 60 further enhances its strategic location and accessibility. The property's APN is 302-78-854A & 855A.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LC · Mesa, AZMesa. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.