1437 E Main St, Mesa, AZ 85204
- Strip malls
- 19,278 SF
- 1.68 lot acres
Current Use by Public Records
- FedEx Office Print & Ship Center / Courier Service / Postal Service
- LA CASA DEL GUAJOLOTE / Restaurant
- Youngreen Thomas DC / Alternative Medicine Practice
- Babers smoke shop / (Bike/Boat/Book/etc) Store
- FedEx Drop Box / Postal Service / Courier Service
Property Details for 1437 E Main St
- Year built
- 1987
- Construction
- CONCRETE
- Lot size
- 1.68 lot acres
- Zone code
- GC
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 138-11-048H
- APU
- 13811048H
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 23, 2017 | — | City Of Mesa | Last Turn LLC | Grant Deed · related | — |
| Nov 27, 2013 | $800,000 | California Asset Portfolio | Barkley Main St LLC | Grant Deed | — |
| Jun 22, 2012 | $40,000 | Last Turn LLC | Forecom Challenger INC | Quit Claim Deed · related | — |
Description
This single-story, 5,901 square foot retail strip center is located at the southwest corner of Main Street and Barkley in Mesa, Arizona. Built in 1980, the property boasts excellent visibility and accessibility due to its location on a signalized intersection with light rail frontage. The center offers ample parking and easy ingress and egress. Currently, 5,959 square feet are vacant, presenting a significant opportunity for new tenants. The minimum divisible space is 784 square feet, while the maximum contiguous space available is 2,600 square feet. The property is zoned PHX - GC by the City of Mesa, and its APN is 138-11-048H in Maricopa County. The center benefits from strong demographics and an established Mesa neighborhood. This prime retail location offers exceptional potential for investors seeking a high-visibility property with significant vacancy to lease. The property consists of one building with a total of 5,901 square feet. The convenient location and ample parking make this an attractive option for a variety of retail businesses. This is a rare opportunity to acquire a well-located retail center in a thriving Mesa neighborhood.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,825,000
- AI Estimate
- $4,451,000
Market price range: $2.56M - $12.7MMarket price range: $2.56M - $11.8M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $6,005,000 Current use
- RETAIL STORES
- $5,055,000 Change: -16% Conversion: Easy
- MEDICAL BUILDING
- $5,050,000 Change: -16% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Mesa
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.801
- Latitude
- 33.4147
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
