3617 Southern Ave Mesa, AZ 85206-2500
Val Vista Crossing, located at 3617 E Southern Ave, Mesa, AZ 85206, presents a compelling retail investment opportunity. This well-situated strip center boasts a total building area of 137,241 square feet and sits on a substantial 483,639 square foot lot in Maricopa County. The property is conveniently located off US-60 at Val Vista Drive, ensuring high visibility and accessibility for potential tenants and customers. Currently, there are multiple spaces available, with the minimum divisible space measuring 1,245 square feet and larger spaces available up to 19,960 square feet. A total of 2,873 square feet is currently vacant, offering immediate opportunities for lease income generation. The property's strategic location and flexible space options make it ideal for a variety of retail businesses. This is a rare chance to acquire a well-established retail center in a thriving Arizona market. The property's size and location provide significant potential for long-term growth and return on investment. Serious inquiries are encouraged to explore this exceptional opportunity further.
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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
LC · 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.