Property profile

145 E Main St Mesa, AZ 85201

FOR LEASE
Retail space
Property ID
US07-1774386
30,210 SF 9.68 ac lot Built 2023
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A retail property, located at 145 E Main St in downtown Mesa, Arizona (zip code 85201), presents a unique opportunity for multiple tenants. Completed in 2023, the building boasts a total of 20,200 square feet, currently entirely vacant and ready for immediate occupancy. The property features flexible suite sizes, allowing for customization to meet diverse business needs. Its prime location on Main Street ensures high visibility and accessibility, attracting significant foot traffic. The property is categorized as a multi-tenant building with two available suites, ideal for a variety of uses including restaurants, fitness centers, beauty salons, or other retail establishments. The property's Assessed Parcel Number (APN) is 138-39-018C. This is a rare chance to secure a brand-new, high-profile retail space in a thriving downtown area. The building's modern design and strategic location make it an attractive investment for businesses seeking a prominent presence in Mesa's vibrant commercial district. With its ample square footage and flexible layout, this property offers significant potential for growth and success. Contact us today to learn more about leasing opportunities and explore the possibilities for your business.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2023
Total area 30,210 SF
Lot 9.68 ac (421,492 SF)
APN 138-39-018C
UPID US07-1774386

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
  • Landscaping General Contractor
  • Apartment Complex

Location

145 E Main St Mesa, AZ 85201
Mesa metro Census 421400 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.13M
Blend (final) Blend
$8.13M

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2021
$10.5M

Zoning & alternative use

Top alternative use upside
Auto repair, garage $13.3M +116.2%
Neighborhood: shopping center $9.4M +52.8%
Medical building $7.9M +28.5%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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