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    323 Brown Rd Mesa, AZ 85201

    Sponsored
    For Lease
    $18 SF/Yr ($12,600 /Mo)

    Mesa, AZ: 3,310 SF Available

    Lot size:
    8,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Fitch Plaza, located at 323 E Brown Rd, Mesa, AZ 85201 (SWC Mesa Drive and Brown Road), offers exceptional restaurant and retail space for lease. This Class A property, totaling 8,400 square feet, features five suites and underwent renovations in 2024. Currently, 3,310 square feet are vacant, divisible into spaces ranging from 1,185 to 2,125 contiguous square feet. The property boasts a prime location in a densely populated Mesa neighborhood, with a 3-mile daytime population exceeding 116,000 and average household incomes of $75,575. Benefit from exceptional co-tenancy with established brands like Food City Grocery and CVS Pharmacy, ensuring high foot traffic. Ample parking provides customer convenience. Monument signage is available for enhanced brand visibility. Flexible lease terms and tenant improvement allowances are offered. The property is zoned LC (City of Mesa) and its APN is 137-19-688A. This turnkey second-generation restaurant space presents a unique opportunity for businesses seeking high visibility and strong demographics. Ideal for a variety of uses, including restaurants, coffee shops, and other retail concepts.

    Property Features for 323 Brown Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,400 SF
    Class
    A
    Total Rate
    12600

    Building Details

    Year Renovated
    2024

    Unit(s) available at that property

    Space
    Suite 204
    Size
    1,185 SF
    Rate per SF
    $22
    Space
    Suite 201
    Size
    2,125 SF
    Rate per SF
    $28

    HighLights

    • 8,400 SF Class A retail/restaurant space available for lease at 323 E Brown Rd, Mesa, AZ 85201.
    • 3,310 SF of divisible space available, ranging from 1,185 SF to 2,125 SF.
    • Fully renovated in early 2024 with a fully equipped kitchen including FF&E and vaulted ceilings.
    • Prime location with strong demographics: over 116,000 daytime population within 3 miles and average household income of $75,575. Excellent co‑tenancy with Food City and CVS.
    • Ample parking and monument signage available. Flexible lease terms and tenant improvement allowances offered.
    Property Profile Location Intelligence

    Current Use by Public Records

    Papa Locos Tacos ... Restaurant Make U Mobile Mobility Equipment Supplier SRP M-POWER BOX Electric Utility Company Coinhub Bitcoin ATM ... Atm Tiki Hair Company Hair Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.82358345416
    Latitude
    33.434908101201

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    FAQs

    What type of property is this?
    Individual retail property - Mesa, AZ: 3,310 SF Available
    Where is this individual retail property located?
    The property is located at 323 Brown Rd Mesa, AZ.
    What is the lease rate?
    The lease rate is $22-$28 SF/Yr.
    What are key features of this property?
    This property features: 8,400 SF Class A retail/restaurant space available for lease at 323 E Brown Rd, Mesa, AZ 85201.; 3,310 SF of divisible space available, ranging from 1,185 SF to 2,125 SF.; Fully renovated in early 2024 with a fully equipped kitchen including FF&E and vaulted ceilings.
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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
    323 Brown Rd Mesa, AZ 85201
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