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    223 Brown Rd Mesa, AZ 85201

    Sponsored
    For Lease
    $20 SF/Yr ($8,250 /Mo)

    4,950 SF Restaurant, Drive-Thru, High Traffic

    Lot size:
    4,950 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 4,950-square-foot, single-tenant restaurant space in Mesa, Arizona, is available for lease. Located at 223 E Brown Rd, near Mesa Drive & Brown Road, this turnkey opportunity boasts a prime location in a densely populated area with a 3-mile daytime population of 166,359 and average household incomes of $75,575. The property features a drive-thru, ample parking, and prominent monument signage opportunities. Benefiting from co-tenancy with established brands like Food City Grocery and CVS Pharmacy, this location ensures high visibility and consistent traffic. The building, situated on a 1.835-acre lot (79,933 sq ft), was renovated in 2000 and is zoned LC (City of Mesa). The property includes a fully equipped kitchen and is ideal for a variety of restaurant concepts. Flexible lease terms and tenant improvement allowances are available. This is a first-class opportunity to establish or relocate your restaurant business in a thriving East Valley submarket, specifically in the Downtown Mesa cluster. The property's APN is 137-19-692A. The single-story building offers exceptional accessibility and convenience for customers.

    Property Features for 223 Brown Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,950 SF
    Total Rate
    8250

    Building Details

    Year Renovated
    2000
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    4,950 SF
    Rate per SF
    $26

    HighLights

    • Fully equipped kitchen with included FF&E.
    • Vaulted ceilings in dining and bar areas.
    • Stylish bar area designed to maximize beverage sales.
    • Dual east- and west‑facing patios ideal for outdoor dining and events.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coin Cloud Bitcoin ... Atm BITCOIN ATM DVG Atm Maya New York ... Pizza Restaurant

    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
    -111.82617109381
    Latitude
    33.434694204516

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    FAQs

    What type of property is this?
    Restaurant - 4,950 SF Restaurant, Drive-Thru, High Traffic
    Where is this restaurant located?
    The property is located at 223 Brown Rd Mesa, AZ.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: Fully equipped kitchen with included FF&E.; Vaulted ceilings in dining and bar areas.; Stylish bar area designed to maximize beverage sales.
    Request Owner's contact information
    223 Brown Rd Mesa, AZ 85201
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    Mesa, AZ 85201
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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
    223 Brown Rd Mesa, AZ 85201
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