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Property summary
This exceptional 17,460-square-foot retail center, situated at 6025 E McKellips Rd, Mesa, AZ 85215, presents a compelling investment opportunity. The property, built in 1995 and renovated in 2024, boasts a Class B designation and comprises a single, one-story building with 14 suites. Currently, 900 square feet of space is available, divisible into units ranging from a minimum of 800 square feet to a maximum contiguous space of 900 square feet. The center sits on 1.1 acres of land and offers ample parking with 55 spaces. Its strategic location along McKellips Road and Recker Road, conveniently near Loop 202, ensures high visibility and accessibility. The property benefits from strong surrounding tenancy, including established businesses such as Pizza Hut, a nail salon, Fry's, Sherwin Williams, and Circle K. Furthermore, its proximity to a newly approved multifamily project currently under construction (anticipated completion in 2025) promises increased foot traffic and enhanced value. The property is zoned C2 and offers a rare chance to acquire a well-maintained retail center in a thriving Mesa submarket. This is an ideal opportunity for investors seeking a stable, high-growth potential investment in a prime location.
Property profile
VerifiedCap rate & NOI
Current use
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Gym & Fitness Center
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Alternative Medicine Practice
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Alternative Medicine Practice
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Medical Clinic
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Veterinary Clinic
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Limited Commercial (LC). To provide areas for indoor retail, entertainment, and service-oriented businesses that serve the surrounding residential trade area within a one (1) to 10-mile radius. Typical uses include, but…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
LC · Mesa, AZLimited Commercial (LC). To provide areas for indoor retail, entertainment, and service-oriented businesses that serve the surrounding residential trade area within a one (1) to 10-mile radius. Typical uses include, but…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Limited Commercial (LC). To provide areas for indoor retail, entertainment, and service-oriented businesses that serve the surrounding residential trade area within a one (1) to 10-mile radius. Typical uses include, but…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LC in Mesa, AZ.
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