Property profile

1245 Southern Ave Mesa, AZ 85204

OFF-MARKET
Lifestyle centers
79,743 SF
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Property summary

AI-generated overview

This exceptional retail opportunity presents 79,743 square feet of space in a thriving Mesa, Arizona shopping center. Located at 1245 E Southern Ave, 85204, this multi-tenant property boasts a highly visible location on a signalized hard corner, just off a full diamond interchange with the US-60 Freeway. The center is anchored by El Super, the largest US Hispanic grocer, ensuring consistent high traffic. This strategic location benefits from strong retail intersection synergy, with neighboring tenants including Los Altos Ranch Market, dd's Discounts, Walgreens, Panda Express, and Chase Bank, among others. The property features monument signage and offers one immediately available space totaling 3,122 square feet. The surrounding area comprises 366,000 total square feet of retail space, indicating a robust and established commercial environment. This property is ideal for national or credit tenants seeking a high-traffic, easily accessible location within a densely populated area of Maricopa County. A property drone video is available for viewing online. This is a rare opportunity to secure a prominent retail presence in a rapidly growing market.

Property profile

Verified
Property type Lifestyle centers
Total area 79,743 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Insurance Agency
  • Restaurant
  • Barber Shop
  • Pharmacy

Location

1245 Southern Ave Mesa, AZ 85204
Mesa metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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