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Property profile & analytics
OFF-MARKET Estimated value $5,425,000
Strip malls

5609 Mckellips Rd Mesa, AZ 85215-2874

15,119 SF 1.63 ac lot Built 2006
Entity Owned ~ Est. High Equity
Property ID
US07-0538283
Property summary
AI-generated overview

This exceptional 1,375 square foot retail space is ideally situated in Maricopa County, zoned C-2, City of Mesa. The property boasts a single, vacant suite, offering immediate occupancy for a wide range of commercial ventures. Its strategic location directly northwest of the Boeing Corporation, a major employer with over 4,600 employees, and west of Falcon Field Airport (46 businesses, 1,800 employees), ensures high visibility and significant foot traffic. The surrounding area demonstrates strong demographics, with average household incomes exceeding $105,979 and over 76,293 people residing within a 3-mile radius. Further enhancing its appeal, the property is conveniently located near Mesa Community College (4,000+ students) and Red Mountain High School (3,400+ students), providing a substantial potential customer base. Easy access to the Red Mountain Freeway (within 1.5 miles in both directions) ensures excellent connectivity and accessibility for both employees and customers. This presents a unique opportunity for businesses seeking a high-traffic, well-established location with a strong potential for growth and success. The property is ready for immediate occupancy.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2006
Construction STEEL FRAME
Total area 15,119 SF
Lot 1.63 ac (71,053 SF)
Zoning code LC
APN 141-44-739A
UPID US07-0538283
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
  • Pita Jungle Take-out & Catering Catering Service
  • Senti Bella Medical Salon Spa & Massage Center Alternative Medicine Practice
  • Sunset Salon Suites Hair Salon Nail Salon
  • The Shoppes at Legacy House Business Service Center Corporate Office
  • Capitol Guard Security Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.06M
Blend (final) Blend
$5.43M
Owner & transaction history
Sscv-legacy Shoppes LLC
Sscv-legacy Shoppes LLC
since 2026
Last sale
$6.9M
7 recorded transactions
2026
$14.0M
2022
Price N/A
2020
$9.0M
2019
Price N/A
2013
Price N/A
2012
$6.9M
2010
$2.2M
Zoning & alternative use
LC · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $6.7M +41.5%
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