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    6535 Southern Ave Mesa, AZ 85206

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    For Sale
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    155,254 SF Retail Space, Mesa, AZ

    Property size:
    155,254 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional redevelopment opportunity presents a vacant, 155,254-square-foot Macy's anchor space within the 1.1 million-square-foot Superstition Springs Mall in Mesa, Arizona. The three-story building, constructed in 1990, boasts unparalleled visibility and frontage along the Superstition Freeway (Route 60), a high-traffic area with over 213,000 vehicles per day. The property sits on a 12.9-acre lot and includes 966 parking spaces, ensuring ample customer convenience. This Class A retail space is zoned LC by the City of Mesa and offers a unique chance to capitalize on its prime location within a thriving retail corridor. The mall itself is anchored by Dillard's, JCPenney, and Ross Dress for Less, and the surrounding area features numerous national retailers including Target, Walmart, Winco, Burlington, Floor & Décor, Harbor Freight Tools, and PetSmart, creating a strong and established retail environment. The property is offered fee simple and presents a significant opportunity for redevelopment within a high-demand retail market. The property's size, location, and existing infrastructure make it an ideal candidate for a variety of retail uses. This is a rare chance to acquire a substantial anchor space in a successful, established shopping center. The property's APN is 141-54-044H.

    Property Features for 6535 Southern Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    155,254 SF
    Class
    A
    Lot Size
    561,924 SF

    Building Details

    Year Built
    1990
    Buildings
    1
    Stories
    3
    Units
    1

    HighLights

    • 155,254 SF vacant Macy's anchor space in the 1.1 million SF Superstition Springs Mall, Mesa, AZ.
    • Unparalleled freeway frontage and visibility on Route 60 (Superstition Freeway), with over 213,000 vehicles per day.
    • Three‑story building on a 12.9‑acre lot with 966 parking spaces.
    • Located in a high‑traffic retail corridor with national retailers including Target, Walmart, and others.
    • Fee simple offering of a Class A retail space, zoned LC by the City of Mesa.
    Property Profile Location Intelligence

    Current Use by Public Records

    Macy's Backstage Outlet Store Anuheas Same Day ... Florist My Favorite Candy ... Candy Store Bounce Mania Indoor Playground Macy's Department Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.6888441
    Latitude
    33.3886557

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    FAQs

    What type of property is this?
    Individual retail property - 155,254 SF Retail Space, Mesa, AZ
    Where is this individual retail property located?
    The property is located at 6535 Southern Ave Mesa, AZ.
    What are key features of this property?
    This property features: 155,254 SF vacant Macy's anchor space in the 1.1 million SF Superstition Springs Mall, Mesa, AZ.; Unparalleled freeway frontage and visibility on Route 60 (Superstition Freeway), with over 213,000 vehicles per day.; Three-story building on a 12.9-acre lot with 966 parking spaces.
    Request Owner's contact information
    6535 Southern Ave Mesa, AZ 85206
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    Mesa, AZ 85206
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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
    6535 Southern Ave Mesa, AZ 85206
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