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Mesa Retail Property For Sale

6631 E Southern Ave, Mesa, AZ

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For Sale

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Retail property occupied by OfficeMax, located in Mesa, Arizona.

Type:RETAIL

Property size:

23,484 SF

Lot size:

2.20 Acres

Price / SF:

$176/SF

HighLights

Established retailer founded in 1988 with a long history.
Part of Office Depot, Inc. (NASDAQ: ODP).
Specializes in office supplies, furniture, and technology products.
Significant presence in North America with approximately 1,000 combined retail locations.
Operates under both OfficeMax and Office Depot brands.
Notable presence in Arizona with 22 OfficeMax locations.

We can help!

Listing Contact

Trent McCullough

For Sale

Contact for pricing

Retail property occupied by OfficeMax, located in Mesa, Arizona.

Type:RETAIL

Property size:

23,484 SF

Lot size:

2.20 Acres

Price / SF:

$176/SF

Added:: May 22, 2025
Days on Market:: 388
Last Refresh:: May 20 at 8:30 pm

Property Features for 6631 E Southern Ave

General Information

Standard status: Active
Size: 23,484 SF
Lot size: 2.20 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Trent McCullough

Listing agent Trent McCullough License #SA689708000

Listing office LevRose Commercial Real Estate

Listing date May 22, 2025

Source Moodyscre

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 LevRose Commercial Real Estate

HighLights

Established retailer founded in 1988 with a long history.
Part of Office Depot, Inc. (NASDAQ: ODP).
Specializes in office supplies, furniture, and technology products.
Significant presence in North America with approximately 1,000 combined retail locations.
Operates under both OfficeMax and Office Depot brands.
Notable presence in Arizona with 22 OfficeMax locations.

Overview

The property is a retail space currently occupied by OfficeMax, a retailer specializing in office supplies, furniture, and technology products. Founded in 1988, OfficeMax merged with Office Depot in 2013 to form Office Depot, Inc., which operates under both the OfficeMax and Office Depot brands. As of recent years, there are approximately 1,000 combined retail locations in North America, including 22 OfficeMax locations in Arizona cities such as Phoenix, Tucson, Chandler, Mesa, and Scottsdale. Office Depot, Inc. is publicly traded on the NASDAQ stock exchange under the ticker symbol ODP. The property has a size of 23484 square feet and is located in Mesa, Arizona.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$318.4k	$13.56
− Vacancy	−$21.3k	−$0.91
EGI	$297.1k	$12.65
− OpEx	−$89.1k	−$3.80
NOI	$208.0k	$8.86

23,484 SF · lease $13.56/SF/yr · vacancy 6.70% · expense 30.00%

Alternative Uses

Best Use

Retail

$2.97M

$2.60M – $3.47M (±1% cap)

NOI $207,975 @ 7.0% cap · market cap 5.01%

Second Best

—

no second resolved use

Theoretical Best

Office A

$6.44M

$5.63M – $7.51M (±1% cap)

NOI $450,600 @ 7.0% cap · market cap 10.86%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

FedEx Drop Box Postal Service OfficeMax Print & Copy ... (Bike/Boat/Book/etc) Store Coinhub Bitcoin ATM ... Atm FedEx ShipSite Postal Service OfficeMax (Bike/Boat/Book/etc) Store

Suggested Use

Location Insight

Map
Local Demand

City: Mesa
County: Maricopa
State: Arizona
Longitude: -111.688
Latitude: 33.3932

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For sale
Retail space
AZ
Mesa
6631 E Southern Ave

What type of property is this?

Retail space - Retail property occupied by OfficeMax, located in Mesa, Arizona.

Where is this retail space located?

The property is located at 6631 E Southern Ave Mesa, AZ.

What is the asking price?

The asking price for this property is $4,150,000.

What are key features of this property?

This property features: Established retailer founded in 1988 with a long history.; Part of Office Depot, Inc. (NASDAQ: ODP).; Specializes in office supplies, furniture, and technology products.

6631 E Southern Ave, Mesa, AZ

Retail property occupied by OfficeMax, located in Mesa, Arizona.

Property Features for 6631 E Southern Ave

General Information

We can help!

HighLights

Overview

Local Financial Insights For Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Multi-Tenant Strip Center For Sale

Income Property in Downtown Mesa

Mesa Duplex with Leases

Duplex Studio Units

Mesa Fourplex in Prime Location

Mesa Duplex: Investment Opportunity

Medical Office Building

Mesa Restaurant Property For Sale

Drive-Through Restaurant Site

New Mesa Fourplex Investment Opportunity

Mesa Medical Office Building For Sale

Valvoline NNN Ground Lease Investment

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