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801 – 835 S. Power Road, Mesa AZ 85206

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    [dynamichidden post-title "CF7_get_post_var key='title'"]

    For Sale $5,200,000
    Retail
    Description

    801 - 835 S. Power Road, Mesa AZ 85206

    Retail - Mesa AZ

    OFFERING SUMMARY

    801 – 835 S. Power Road, Mesa AZ 85206

    • Retail Shopping Center for Sale
    • Cap Rate: 6.89%
    • NOI: $358,023
    • ​Drive‐Thru Opportunity on South End of project 
    • ​Zoning: C‐2 
    • ​Parking: 4,77/1,000
    • ​Frontage on Power Road 
    • ​Project is across the street from Leisure World, a retirement community, entrance.​
    • ​Long term tenants, including Van’s Golf Shops
    • ​Average lease rate of $12.52/SF NNN
    • Size: 37,715 SF Multi‐Tenant Value‐Add Retail Shopping Center
    • ​81% Retail with a 19% Office Component
    • ​Tenancy: 23 Suites with a total of 19 Tenants
    • ​Occupancy: 83.1% Occupied
    • ​Operating Costs: $187,796 

    GREAT Mesa Location! 
    Five (5) Spaces Available: 
    – 3,600 Retail End-Cap Space Available. Great uses would be: Bank, Fast Food or Restaurant with DRIVE THRU &/or PATIO, Medical Supply, Golf Cart Store, Dollar Store, Consignment, Estate, Auction. 
    – 1,575sf Retail 
    – 1,500sf Retail 
    – Two (2) Office Suites with 800sf each

    This retail/office project as an EXCELLENT location at the entrance of Leisure World, Anchored by Van’s Golf, ½ mile from Superstition Mall Rd with traffic counts over 38,000 per day. Asking rent at $18.00 PSF plus NNN charges (this Includes electric). Also small executive office spaces available. Landlord willing to give tenant improvements. 
    Medical Services, Mobility Karts, Chiropractic, Homeopathic, Financial Planners, Insurance, Travel Agent, Realtors, Home Care Providers, are just a few of the many professionals and business that will thrive and grow in this dynamic location.

     



    BROKER INFORMATION

    Eric Butler
    (602) 809-6570
    ebutler@cpiaz.com


    Phill Tomlinson
    (480) 330-8897
    ptomlinson@cpiaz.com



    Property Features
    • Retail
    Phill Tomlinson
    480-330-8897
    480-522-2800

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