2260 Main St Mesa, AZ 85213-9113
This exceptional 77,280 square foot retail center, situated on a 10.92-acre lot (475,675 sq ft), presents a compelling investment opportunity in Murfreesboro, Tennessee. The property, built in 1978 and renovated in 2017, boasts a Class B designation and features three suites with a total of 324 parking spaces. Currently, 4,130 square feet are vacant, offering immediate potential for lease income. The largest contiguous space available is 1,628 square feet. The center benefits from a high-traffic location on Memorial Blvd, with a reported 34,401 vehicles per day, and enjoys proximity to Middle Tennessee State University (MTSU), a rapidly growing university with approximately 22,000 students. This prime location is supported by a thriving residential and commercial environment, and a strong commitment from both public and private sectors to foster continued business growth. The property is zoned CH and has an annual tax cost per square foot of $0.85. This is a single-story building offering a unique opportunity to capitalize on the dynamic growth of Murfreesboro. The property's strategic location near MTSU and its significant traffic count make it an ideal investment for retail or restaurant businesses seeking high visibility and access to a large consumer base.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GC · Mesa, AZMesa. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.