Financial
Distress signals
Property profile

2050 E Baseline Rd Mesa, AZ 85204

FOR LEASE
Grocery and convenience stores
Property ID
US07-2550746
35,931 SF 4.49 ac lot Built 1985
Last sale Apr 2022 · $30,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Prime retail space available in Mesa Shores, a dual grocery-anchored shopping center located at 2050 E Baseline Rd, Mesa, AZ 85204. This thriving center boasts Sprouts and Trader Joe's as prominent co-tenants, ensuring high foot traffic and a strong customer base. Two spaces remain, offering flexible sizes: one at 1,400 square feet and another at 2,776 square feet, perfect for a variety of retail businesses. The property is strategically situated for optimal accessibility, with convenient

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$60k
Tax billed · 2023
Assessed value · 2024$1.02M
Effective rate5.91%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$262/SF
Submarket average, outlier-cleaned · 152 recorded sales of this use type
Observed band · Q1–Q3$121 – $462

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LC
Limited Commercial (LC). To provide areas for indoor retail, entertainment, and service-oriented businesses that serve the surrounding re...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm33.1
Building Supply32.8
Realty agency28.7

Location

2050 E Baseline Rd Mesa, AZ 85204
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
850 Mahoney, Mesa, AZ 85204-1145 $2,200,000 Jun 2023 24,360 SF
1118 Southern, Mesa, AZ 85204-5012 $12,665,000 Feb 2022 58,536 SF
2727 Broadway, Mesa, AZ 85204-1530 $11,250,000 Dec 2021 80,843 SF
450 Southern, Mesa, AZ 85204-4922 $3,775,000 Dec 2021 30,600 SF
1126 Gilbert, Mesa, AZ 85204-5206 $3,500,000 Oct 2021 34,125 SF
1920 Stapley, Mesa, AZ 85204-6678 $4,622,750 Jul 2021 13,860 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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