Listing Agency: Commercial Properties Inc Tempe p***@cpiaz.com Show Phone

Listed By: Rex Griswold · License #AZ SA630241000

Source: Crexi

Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 10:12PM

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Investment Insights

Based on property information with market context.

Weathervane Plaza is a retail space containing 3,264 SF. The property is located at 7221 E. Main St. in Mesa, AZ 85207.

The offering reflects a 6.80% CAP rate and is presented for sale.

Key Highlights

• 3,264 SF retail space
• 6.80% CAP rate
• Located at 7221 E. Main St., Mesa, AZ 85207

Property Analytics

Property Profile

Current Use

Enterprise Rent-A-Car Car Rental Facility

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Gym & Fitness Center Building Supply Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,042

Businesses Nearby

88k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 55% Groceries 26% Dining 15% Home Improvements & Furnishings 4%

Albertsons Groceries

22,717 visits/mo 0.5 miles

Dollar Tree Shops & Services

18,719 visits/mo 0.3 miles

Salad and Go Dining

7,884 visits/mo 0.5 miles

Chase Bank Shops & Services

7,458 visits/mo 0.3 miles

Wells Fargo Shops & Services

7,441 visits/mo 0.4 miles

Demographics for 85207, AZ

50,108

Population

22,747

Households

2.2

Avg Household Size

45

Median Age

36%

College-Educated

92%

High-School Grad

29.4 sq mi

ZIP Area

1,704

Density / Sq Mi

$99,439

Median Household Income

$50,509

Median Earnings

$1,595

Median Rent

$460,800

Median Home Value

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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail property positioned on E. Main St. in Mesa, Arizona.

Where is this retail space located?

The property is located at 7221 E Main St. Mesa, AZ.

What are key features of this property?

This property features: 3,264 SF retail space; 6.80% CAP rate; Located at 7221 E. Main St., Mesa, AZ 85207