SR-24 Swc Mesa, AZ 85212
This exceptional retail and restaurant property, located at the southwest corner of Ellsworth Road and SR-24 in Mesa, Arizona (zip code 85212), offers a significant investment opportunity. The four-story building boasts a total of 267,854 square feet, with 16 individual suites available for lease. Currently, a substantial 252,854 square feet is vacant, presenting a unique chance to establish or expand a business in a high-demand area. The minimum leasable space is 6,000 square feet, while the maximum contiguous space available is 88,301 square feet, catering to a wide range of business needs. The property sits on a large 400-acre lot, ensuring ample space and visibility. The property is categorized as retail and restaurant, with subtypes including hotel and shops, making it suitable for a diverse range of commercial ventures. Its strategic location at a major intersection in Maricopa County guarantees high traffic volume and excellent exposure. This is an unparalleled opportunity to secure a prominent presence in a thriving Mesa commercial district. The property's size and flexibility make it ideal for a variety of uses, from individual retail spaces to large-scale restaurant operations or even a mixed-use development. Don't miss this chance to acquire a substantial and versatile commercial property in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.