Property profile

1206 Broadway Rd Mesa, AZ 85204

OFF-MARKET
Lifestyle centers
Property ID
US07-3070843
2,818 SF 0.37 ac lot
Entity Owned 4-yr Hold
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Property summary

AI-generated overview

This exceptional 2,818 square foot retail shopping center is situated on a 0.37-acre lot at 1206 E Broadway Rd in Mesa, Arizona, zip code 85204. The property boasts a single, one-story building, perfectly positioned at a highly visible, well-lit corner intersection. Its strategic location within a densely populated trade area ensures high traffic and excellent visibility for any business. The property is zoned LC (Limited Commercial) by the City of Mesa and features the APN 138-14-028A. This freestanding building presents a unique opportunity for a variety of retail uses, benefiting from its prominent location and substantial square footage. The property's size and visibility make it an ideal investment for entrepreneurs seeking a high-impact retail presence in a thriving Mesa community. The address is easily accessible and offers ample opportunity for customer parking and convenient access for deliveries. This is a rare opportunity to acquire a well-located, established retail property in a high-demand area. Serious inquiries are encouraged.

Property profile

Verified
Property type Lifestyle centers
Total area 2,818 SF
Lot 0.37 ac (16,117 SF)
UPID US07-3070843

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Discount Store Party Supply Store
  • Check Cashing
  • Restaurant

Location

1206 Broadway Rd Mesa, AZ 85204
Mesa metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

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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