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    1240 Southern Ave Mesa, AZ 85202

    For Lease
    Contact for pricing

    Mesa, AZ Retail Space Available

    Lot size:
    15,537 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Fiesta Village, located at 1240 W Southern Ave in Mesa, Arizona (zip code 85202), presents a prime retail opportunity within a vibrant strip center. This 15,537 square foot property sits on a sizable 31,742 square foot lot in Maricopa County. Currently, there are multiple spaces available, offering flexibility for various retail businesses. Individual spaces range from a minimum of 2,550 square feet to a maximum contiguous space of 3,702 square feet. A significant 6,252 square feet of space is currently vacant, providing an excellent opportunity for expansion or new tenancy. The center enjoys a convenient location off US-60 at Alma School Road, ensuring high visibility and accessibility for customers. This property is ideal for businesses seeking a well-established location with ample space and strong potential for growth. The property's strategic location and available space make it an attractive investment for retailers looking to establish or expand their presence in the thriving Mesa market. Serious inquiries are encouraged to explore the possibilities of this exceptional retail opportunity. Contact us to schedule a viewing and discuss your business needs.

    Property Features for 1240 Southern Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,537 SF

    Unit(s) available at that property

    Space
    Suite 3
    Size
    2,550 SF
    Space
    Suite 4
    Size
    3,702 SF

    HighLights

    • Immediate occupancy available.
    • Suites ranging from 1,200 to 6,252 square feet available.
    • High‑traffic location directly across from Fiesta Mall.
    • Excellent proximity to Banner Desert Hospital (major medical employer).
    • Over 210 on‑site apartments now open.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kidtastic Pediatric Dental ... Pediatric Dentist Nationwide Vision Eye Care Center L & G Fiesta Medical Clinic Dr. Arman Parsa Dentist Dr. Todd Butler Pediatric Dentist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.8584605
    Latitude
    33.3935245

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    FAQs

    What type of property is this?
    Neighborhood center - Mesa, AZ Retail Space Available
    Where is this neighborhood center located?
    The property is located at 1240 Southern Ave Mesa, AZ.
    What are key features of this property?
    This property features: Immediate occupancy available.; Suites ranging from 1,200 to 6,252 square feet available.; High-traffic location directly across from Fiesta Mall.
    Request Owner's contact information
    1240 Southern Ave Mesa, AZ 85202
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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
    1240 Southern Ave Mesa, AZ 85202
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