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    Alma School & Southern Ave Mesa, AZ 85202

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail space available

    Lot size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property, located at the prominent intersection of Alma School Road and Southern Avenue in Mesa, Arizona (zip code 85202), offers 20,000 square feet of retail and restaurant space. Currently, there are two suites available, with a total of 3,600 square feet of vacant space. The property is ideal for a variety of businesses, with flexible lease options accommodating spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 2,400 square feet. Situated in Maricopa County, this location benefits from high visibility and excellent access to major transportation routes, ensuring significant foot traffic and convenient accessibility for customers. The property's strategic placement makes it an attractive option for businesses seeking a strong presence in a thriving Mesa commercial district. This is a rare opportunity to secure prime retail space in a high-demand area. The property's mixed-use zoning allows for diverse business applications, making it a versatile and attractive investment. Contact us today to learn more about this exceptional opportunity and schedule a viewing.

    Property Features for 0 Alma School & Southern Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF

    Unit(s) available at that property

    Space
    Suite 102
    Size
    1,200 SF

    HighLights

    • 240 luxury mix‑use apartments with on‑site restaurants, services, and retail in Mesa's Fiesta District.
    • Over 20,000 SF of retail/restaurant space in Fiesta Village, within one mile of Mesa Community College, Banner Hospital, and Fiesta Sports Complex.
    • Excellent freeway access via US 60.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.8573052
    Latitude
    33.3931657

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    FAQs

    What type of property is this?
    Restaurant - High-traffic retail space available
    Where is this restaurant located?
    The property is located at Alma School & Southern Ave Mesa, AZ.
    What are key features of this property?
    This property features: 240 luxury mix-use apartments with on-site restaurants, services, and retail in Mesa's Fiesta District.; Over 20,000 SF of retail/restaurant space in Fiesta Village, within one mile of Mesa Community College, Banner Hospital, and Fiesta Sports Complex.; Excellent freeway access via US 60.
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    Mesa, AZ 85202
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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
    Alma School & Southern Ave Mesa, AZ 85202
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