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Property profile & analytics
FOR LEASE
Strip malls

1235 S Gilbert Rd Mesa, AZ 85204

39,145 SF 3.79 ac lot Built 1985
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US07-1389661
Property summary
AI-generated overview

This exceptional retail property, located at 1235 S Gilbert Rd in Mesa, Arizona (zip code 85203), offers a prime opportunity for businesses seeking high-visibility locations in Maricopa County. The property encompasses a total of 39,502 square feet and is currently configured into three individual suites, providing flexibility for various business needs. Three suites are available, with a minimum leasable space of 1,000 square feet and a maximum contiguous space of 1,024 square feet. Currently, 3,048 square feet are vacant, presenting an immediate opportunity for occupancy. The property's classification is retail commercial, making it ideal for a wide range of businesses. Its strategic location in Mesa, Arizona, ensures high foot traffic and excellent visibility, contributing to a strong potential for business success. The property's address is easily accessible and well-situated within a thriving commercial area. This is a multi-tenant property, offering a vibrant and collaborative environment. Interested parties are encouraged to inquire about lease terms and availability. The property is categorized as a retail space and is available for lease.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Construction CONCRETE
Total area 39,145 SF
Lot 3.79 ac (164,920 SF)
Zoning code LC
APN 140-61-162
UPID US07-1389661
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • JJ Beauty Institute Vocational School Training Center
  • Planned Parenthood - Mesa Health Center Family Planning Center
  • Sara Rhoad American Family Insurance Insurance Agency
  • American Family Insurance - John Young Agency Inc Insurance Agency
  • Yoko Fast Food Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.02M
Blend (final) Blend
$6.75M
Owner & transaction history
E & G Investment Group LLC · 7 yrs held
E & G Investment Group LLC
since 2019
7 recorded transactions
2022
Price N/A
2019
$2.0M
2008
Price N/A
2003
Price N/A
1999
Price N/A
1992
$900,000
1991
$1.1M
Zoning & alternative use
LC · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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