Property profile

1008 E Southern Ave Mesa, AZ 85204

FOR LEASE
Retail properties & Spaces
Property ID
US07-1514695
Entity Owned 4-yr Hold
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 1008 E Southern Ave, Mesa, AZ 85204, at the Northwest corner of Stapley Drive and Southern Avenue. The property, known as Mesa Ranch Plaza, offers multiple retail spaces for lease, ranging in size from a compact 1,096 square feet to a substantial 9,164 square feet. This flexibility allows for businesses of various scales to find a suitable space to thrive. The property's strategic location provides excellent visibility and accessibility, benefiting from high traffic counts on Southern Avenue, a major thoroughfare in Mesa. The property type is classified as retail, specifically shop space. This presents a unique chance for businesses seeking a high-traffic location in a bustling area of Mesa. The multiple tenancy structure allows for a diverse range of businesses to coexist, creating a vibrant and dynamic commercial environment. Interested parties are encouraged to inquire about available space and lease terms. This is an ideal location for businesses seeking strong visibility and convenient access for customers. The property's size and layout offer considerable versatility, making it suitable for a wide array of retail concepts. Don't miss this chance to secure your place in this thriving Mesa commercial center. Contact us today to learn more about leasing opportunities at Mesa Ranch Plaza.

Property profile

Verified
Property type Retail properties & Spaces
UPID US07-1514695

Cap rate & NOI

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

Location

1008 E Southern Ave Mesa, AZ 85204
Mesa metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2021
1 recorded transaction
2021
$17.6M

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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