Property summary
This exceptional retail investment opportunity is located in the thriving Mesa, Arizona market at 1356 S Gilbert Rd, zip code 85204. The property, known as Mesa South Center, is a well-maintained strip center boasting a total of 134,253 square feet situated on a substantial 754,769 square foot lot in Maricopa County. Currently, there are five available spaces ranging in size from a minimum of 1,000 square feet to a maximum of 4,850 square feet, providing flexibility for a variety of retail tenants. The property's prime location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking high foot traffic and strong brand exposure. Its strategic placement off Gilbert Road ensures convenient access for customers and employees alike. The multiple tenancy structure presents a diversified income stream, enhancing the overall investment value. This property represents a compelling opportunity for investors seeking a strong return in a dynamic retail market. The property's size and location make it a highly desirable asset for both established businesses and new ventures. Detailed financial information is available upon request.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Cosmetic Store
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Physician
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Cafe & Coffee Shop Take-out & Catering
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Physician
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Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Limited Commercial (LC). To provide areas for indoor retail, entertainment, and service-oriented businesses that serve the surrounding residential trade area within a one (1) to 10-mile radius. Typical uses include, but…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
LC · Mesa, AZLimited Commercial (LC). To provide areas for indoor retail, entertainment, and service-oriented businesses that serve the surrounding residential trade area within a one (1) to 10-mile radius. Typical uses include, but…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Limited Commercial (LC). To provide areas for indoor retail, entertainment, and service-oriented businesses that serve the surrounding residential trade area within a one (1) to 10-mile radius. Typical uses include, but…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LC in Mesa, AZ.
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