6025 Mckellips Rd Mesa, AZ 85215
- Strip malls
- 7,920 SF
- 1.29 lot acres
Current Use by Public Records
- EZ Personal Training LLC. / Personal Trainer / Fitness Center
- Mind and Matter DJ / Reiki Therapist
- Laser Renew / Alternative Medicine Practitioner
- LightRenew / Medical Clinic
- Red Mountain Animal Hospital / Veterinarian
Property Details for 6025 Mckellips Rd
- Year built
- 1988
- Construction
- CONCRETE
- Lot size
- 1.29 lot acres
- Property size
- 7,920 SF
- Zone code
- LC
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 141-65-005K
- APU
- 14165005K
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,400,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,285,000
- 6.5%
- $2,260,000
- 7%
- $2,180,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,300,000
- Geo Method
- $2,335,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,460,000
- Retail
- $2,285,000
- Mixed-Use
- $2,660,000
- Hospitality
- $2,615,000
- Educational
- $2,040,000
- Residential Income
- $1,960,000
- Energy
- $2,245,000
- Income-Based Land
- $2,030,000
- Food Service
- $2,110,000
Location Insight
- Map
- Local Demand
- City
- Mesa
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.701
- Latitude
- 33.451
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
