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Shopping Center with Diverse Tenants
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3515 S Ellsworth Road, Mesa, AZ 85212

Its occupancy and mix of wellness, fitness, beauty, home-furnishing, and dining businesses define the retail offering.

Property Size13,625 SF
Price / SF$582.18
Days on Market6

Property Features for 3515 S Ellsworth Road

General Information

Standard status Active
Size 13,625 SF
Property subtype Retail
Occupancy 100%
Net Operating Income $499,731

Financials

Asking Price $7,932,245
Cap Rate 6.3%

Additional Details

Highway Access Yes

Building Details

Year Built 2026
Tenancy Multi
Listing Agency: Diversified Partners
Listed By: John Jackson · License #SA586080000
Source: Crexi
Added: Sep 22 Changed: Sep 26 Last Checked: Sep 26 at 2:55PM

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 Diversified Partners

Investment Insights

Based on property information with market context.

Built in 2026, this 13,625-square-foot shopping center is 100% occupied. Its tenant roster includes The Wave Pilates, FitFX, Aveda, Nest Home & Co., and Zeitouna, representing fitness, beauty, home furnishings, and restaurant uses. The property reports a 6.30% cap rate.

At 3515 S Ellsworth Road in Mesa, the center sits near Loop 202, SR-24, and US 60. Nearby destinations and employers named for the area include Eastmark, Legacy Sports Park, Apple, Meta, Google, EdgeCore, Niagara Bottling, and Dignity Health.

Key Highlights

  • 13,625‑square‑foot retail center built in 2026
  • 100% occupied
  • Tenant roster includes The Wave Pilates, FitFX, Aveda, Nest Home & Co., and Zeitouna

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Big Box & Wholesale Store Hair Salon

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

107
Businesses Nearby
23k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
QuikTrip Shops & Services
22,963 visits/mo 0.3 miles

Demographics for 85212, AZ

48,422
Population
16,576
Households
2.9
Avg Household Size
34
Median Age
42%
College-Educated
96%
High-School Grad
38.6 sq mi
ZIP Area
1,254
Density / Sq Mi
$123,404
Median Household Income
$56,974
Median Earnings
$2,024
Median Rent
$530,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Similar Off Market Nearby

  • Coin Cloud Bitcoin ATM — 2905 S Ellsworth Rd Suite 104, Mesa, AZ 85212

Frequently Asked Questions

What type of property is this?
Shopping center - Its occupancy and mix of wellness, fitness, beauty, home-furnishing, and dining businesses define the retail offering.
Where is this shopping center located?
The property is located at 3515 S Ellsworth Road Mesa, AZ.
What is the asking price?
The asking price for this property is $7,932,245.
What are key features of this property?
This property features: 13,625‑square‑foot retail center built in 2026; 100% occupied; Tenant roster includes The Wave Pilates, FitFX, Aveda, Nest Home & Co., and Zeitouna
(602) 400-5084 Call to check price and availability
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