1135 Recker Rd Mesa, AZ 85205
- Strip malls
- 53,910 SF
- 1.24 lot acres
Current Use by Public Records
- The Meredith Group AZ/Realty Executives / Real Estate Agency
- Toh Zan Nagasaki Grill / Restaurant
- Red Brick Realty, LLC / Real Estate Agency
- The Meredith Group AZ/Coldwell Banker Realty / Real Estate Agency
- The Pickle Guild / Sports Field & Court
Property Details for 1135 Recker Rd
- Year built
- 1995
- Construction
- CONCRETE
- Lot size
- 1.24 lot acres
- Property size
- 53,910 SF
- Zone code
- LC
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 141-86-953
- APU
- 14186953
Description
This exceptional retail property, located at 1135 N Recker Rd, Mesa, AZ 85205, offers 23,942 square feet of versatile space, currently entirely vacant and ready for immediate occupancy. The property is zoned LC and situated at the prominent intersection of Recker Rd and Brown Rd in Maricopa County. The building is divided into four suites, offering flexibility for various retail concepts. Individual suites range from a minimum of 1,575 square feet to a maximum contiguous space of 10,570 square feet, catering to a variety of business needs. The property boasts excellent visibility and accessibility, with monument signage available to enhance brand recognition. This location benefits from a strong demographic profile, with over 95,000 residents residing within a three-mile radius, ensuring a substantial customer base. Furthermore, the property enjoys convenient access to Loop 202, approximately 2.5 miles away, providing easy connectivity to major transportation arteries. The building previously housed a swimming school, offering potential built-out features for a similar business or adaptable space for other retail uses. This is a rare opportunity to secure a prime retail location in a thriving Mesa community.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $13,923,000
- AI Estimate
- $12,843,000
Market price range: $7.17M - $35.5MMarket price range: $7.17M - $33.1M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $16,790,000 Current use
- RETAIL STORES
- $14,130,000 Change: -16% Conversion: Easy
- MEDICAL BUILDING
- $14,120,000 Change: -16% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Mesa
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.7
- Latitude
- 33.4364
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA