1933 University Dr Mesa, AZ 85203
- Commercial real estate
- 0.24 lot acres
Current Use by Public Records
- U-Haul Neighborhood Dealer / Trailer Rental Service / Van Rental Agency
- Greater Works Ministries / Religious Organization
- Voice of the Shepherd Community Church / Christian Church
- Elegant Pet Grooming / Pet Groomer
- Gracie Jiu Jitsu Mesa / Gym / Self Defense School
Property Details for 1933 University Dr
- Year built
- 1981
- Lot size
- 0.24 lot acres
- Zone code
- LC
- Property type
- Commercial real estate
- APN
- 138-68-004L
- APU
- 13868004L
Description
Mission Square, a vibrant retail strip center in Mesa, Arizona, offers exceptional leasing opportunities. Located at 1933 E University Drive, 85203, this property boasts a total of 49,160 square feet of retail space, with multiple tenancies available. Currently, there are 10,365 square feet of vacant space, offering flexible options for businesses seeking a prime location in the thriving Mesa Retail submarket of Maricopa County. Spaces range from a minimum of 1,065 square feet to a maximum contiguous space of 7,500 square feet, catering to a variety of business needs and sizes. The property is easily accessible and benefits from high visibility along University Drive. There are no elevators in the building. This is an ideal opportunity for businesses looking to establish or expand their presence in a dynamic and growing area of Mesa. The property's strategic location within the Mesa Retail submarket ensures high foot traffic and excellent exposure to a large customer base. Interested parties are encouraged to inquire about available spaces and lease terms. This prime retail space won't last long. Contact us today to learn more about this exceptional opportunity to secure your business's future in a thriving retail environment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,535,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,840,000
- 6.5%
- $3,180,000
- 7%
- $2,900,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,015,000
- Geo Method
- $2,775,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,090,000
- Retail
- $3,210,000
- Mixed-Use
- $2,740,000
- Hospitality
- $3,530,000
- Educational
- $3,430,000
- Residential Income
- $3,545,000
- Energy
- $3,120,000
- Income-Based Land
- $2,605,000
- Food Service
- $3,110,000
Location Insight
- Map
- Local Demand
- City
- Mesa
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.79
- Latitude
- 33.4223
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
