Mesa, AZ - Shops on Dobson Road

Description:

SRS Real Estate Partners-West, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in two 2-tenant freestanding retail buildings, the Shops on Dobson Road investment property located in Mesa, Arizona. These strategically positioned retail buildings feature robust NNN leases with scheduled annual rental increases, presenting an ideal low-management investment opportunity. The 100% occupied property offers leases structured to include consistent annual increases, steadily growing investment value and hedging against inflation. The NNN lease structure limits expense slippage for future owners, ensuring a predictable and low-risk investment profile with zero landlord responsibilities. Additionally, the two freestanding retail buildings offer a unique opportunity for potential subdivision and individual resale, with commerce-resistant tenants that provide long-term stability.

The investment is expertly situated at the intersection of W. Isabella Ave. and S. Dobson Rd, with direct access to US-60 and multiple ingress/egress points, ensuring excellent visibility and accessibility. A prominent monument sign along S. Dobson Rd further enhances the property’s market presence. The property is supported by an exceptionally strong local market, with more than 411,000 residents and 226,000 employees in the 5-mile trade area, boasting an impressive average household income of $97,978. The location benefits from proximity to an Albertsons-anchored shopping center and major medical facilities, including Banner Desert Medical Center and Children’s At Desert Hospital. Two large multifamily developments directly adjacent and across from the site create a direct and consistent consumer base. The strategic location, combined with multiple access points and proximity to key medical and residential infrastructure, positions this property as a prime investment opportunity in the Greater Phoenix MSA.