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    1245 Southern Ave Mesa, AZ 85204

    For Lease
    Contact for pricing

    Prime Mesa retail space, anchored by El Super.

    Lot size:
    79,743 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional retail opportunity presents 79,743 square feet of space in a thriving Mesa, Arizona shopping center. Located at 1245 E Southern Ave, 85204, this multi-tenant property boasts a highly visible location on a signalized hard corner, just off a full diamond interchange with the US-60 Freeway. The center is anchored by El Super, the largest US Hispanic grocer, ensuring consistent high traffic. This strategic location benefits from strong retail intersection synergy, with neighboring tenants including Los Altos Ranch Market, dd's Discounts, Walgreens, Panda Express, and Chase Bank, among others. The property features monument signage and offers one immediately available space totaling 3,122 square feet. The surrounding area comprises 366,000 total square feet of retail space, indicating a robust and established commercial environment. This property is ideal for national or credit tenants seeking a high-traffic, easily accessible location within a densely populated area of Maricopa County. A property drone video is available for viewing online. This is a rare opportunity to secure a prominent retail presence in a rapidly growing market.

    Property Features for 1245 Southern Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    79,743 SF

    Unit(s) available at that property

    Space
    Suite 3
    Size
    3,122 SF

    HighLights

    • El Super‑anchored center, largest Hispanic grocer in the US.
    • High visibility, monument signage opportunity on signalized hard corner.
    • Excellent freeway access via US‑60 full diamond interchange.
    • Strong retail intersection with 366,000 SF, including two grocery stores.
    • Co‑tenancy includes Los Altos Ranch Market, dd's Discounts, Walgreens, Panda Express, Chase Bank, and other national/credit tenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Somos Dental & Orthodontics ... Orthodontist Freeway Insurance Auto Insurance Agency Lenny's Burger Hamburger Restaurant Barca barber shop Barber Shop Valley Discount Pharmacy Pharmacy

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.8043833
    Latitude
    33.391763

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Mesa retail space, anchored by El Super.
    Where is this lifestyle center located?
    The property is located at 1245 Southern Ave Mesa, AZ.
    What are key features of this property?
    This property features: El Super-anchored center, largest Hispanic grocer in the US.; High visibility, monument signage opportunity on signalized hard corner.; Excellent freeway access via US-60 full diamond interchange.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1245 Southern Ave Mesa, AZ 85204
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