4815 E Main St Mesa, AZ 85205
Shopping center with below-market rents and immediate upside potential.
- Added:
- May 12, 2026
- Days on Market:
- 62
- Last Refresh:
- Jul 5 at 12:43 pm
Property Features for 4815 E Main St
General Information
- Standard status
- Active
- Size
- 31,888 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1978
Listing office Matthews
Listing date May 12, 2026
Source Crexi
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 Matthews
Investment Insights
Based on property information with market context.
Key Highlights
- Value‑Add Opportunity
- Below‑Market Rents offer immediate upside potential.
- Immediate Upside Potential
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 | $432.4k | $13.56 |
| − Vacancy | −$29.0k | −$0.91 |
| EGI | $403.4k | $12.65 |
| − OpEx | −$121.0k | −$3.80 |
| NOI | $282.4k | $8.86 |
Alternative Uses
Property Analytics
Current Use by Public Records
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