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Property profile & analytics
OFF-MARKET Estimated value $13,045,000
Retail space

2840 Main St Mesa, AZ 85213-9304

33,930 SF 4.98 ac lot Built 1976
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US07-2549157
Property summary
AI-generated overview

This exceptional retail opportunity is located at 2840 E Main St, Mesa, AZ 85213, on a prominent 15-acre site at the northeast corner of Lindsay Road and Main Street. The recently redeveloped center boasts a total of 130,545 square feet, offering multiple tenancy options. Spaces range from a minimum of 3,381 square feet to a maximum contiguous space of 35,033 square feet, with 28,039 square feet currently vacant. Three spaces are immediately available, ranging in size from 1,200 to 35,033 square feet. The property benefits from high visibility and accessibility, situated on a hard corner with excellent street frontage. Existing tenants include well-established national brands such as Ross, Big Lots, Kids Empire, and Jack in the Box, creating a strong anchor tenant base and established customer traffic. Drive-thru options are available for select spaces. This location serves a substantial blue-collar demographic, providing a consistent and reliable customer base. The property's size and configuration offer significant flexibility for a variety of retail uses. This is a rare opportunity to secure prime retail space in a thriving Mesa, Arizona location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1976
Construction CONCRETE
Total area 33,930 SF
Lot 4.98 ac (217,099 SF)
Zoning code LC
APN 140-22-158
UPID US07-2549157
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
  • Ross Dress for Less Shoe Store Women'S Clothing Store
  • Big Lots Furniture & Home Goods Home Decor Store
  • Amazon Locker - Academian Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$13.06M
Blend (final) Blend
$13.05M
Owner & transaction history
Rmaf Ia LLC · 1 yrs held
Rmaf Ia LLC
since 2024
4 recorded transactions
2024
Price N/A
2011
Price N/A
2010
Price N/A
2005
$5.7M
Zoning & alternative use
LC · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $21.7M +144.2%
Auto repair, garage $15.0M +68.1%
Neighborhood: shopping center $10.6M +18.8%
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