Shopping Center With Developable
For Sale
Contact for pricing
3617 E Southern Ave, Mesa, AZ 85206
Established retail property with anchor tenants, additional pad sites, and a substantial occupied component.
Property SizeContact for details
Days on Market144
Property Features for 3617 E Southern Ave
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Western Retail Advisors
Listed By:
Andrew Lundahl · License #AZ SA652546000
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 8:58PM
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 Western Retail Advisors
Investment Insights
Based on property information with market context.
Val Vista Crossings & Corporate Center is a 123,658-square-foot shopping center occupying approximately 11.1 acres. The property is 98% occupied and includes Goodwill and Regus as anchor tenants, along with three immediately developable PADs. The reported WALT exceeds 5 years, while shop rents are identified as below market.
The center occupies the southeast corner of Val Vista Drive and Southern Avenue in Mesa, Arizona, with nearly 60,000 VPD at the intersection. The property is approximately 1 mile north of the US-60 freeway, which carries more than 228,000 VPD. The asset is located within the Greater Phoenix MSA.
The center occupies the southeast corner of Val Vista Drive and Southern Avenue in Mesa, Arizona, with nearly 60,000 VPD at the intersection. The property is approximately 1 mile north of the US-60 freeway, which carries more than 228,000 VPD. The asset is located within the Greater Phoenix MSA.
Key Highlights
- 123,658 SF shopping center on approximately 11.1 acres
- 98% occupied with Goodwill and Regus anchor tenants
- Three immediately developable PADs
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
726
Businesses Nearby
172k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 38%
Shops & Services 33%
Groceries 20%
Apparel 10%
Safeway
Groceries
34,077 visits/mo
0.2 miles
QuikTrip
Shops & Services
18,102 visits/mo
0.2 miles
Goodwill
Apparel
16,956 visits/mo
0.1 miles
SONIC Drive In
Dining
16,636 visits/mo
0.2 miles
Circle K
Shops & Services
15,565 visits/mo
0.3 miles
Demographics for 85206, AZ
36,713
Population
19,078
Households
1.9
Avg Household Size
48
Median Age
34%
College-Educated
92%
High-School Grad
9.4 sq mi
ZIP Area
3,906
Density / Sq Mi
$69,986
Median Household Income
$45,422
Median Earnings
$1,717
Median Rent
$322,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - Established retail property with anchor tenants, additional pad sites, and a substantial occupied component.
Where is this shopping center located?
The property is located at 3617 E Southern Ave Mesa, AZ.
What are key features of this property?
This property features: 123,658 SF shopping center on approximately 11.1 acres; 98% occupied with Goodwill and Regus anchor tenants; Three immediately developable PADs
