Mesa Ranch Plaza | Stabilized Grocery-Anchored Center

1036-1142 East Southern Avenue, Mesa, AZ

$26,230,000

Price

7.25%

Cap Rate

$1,901,734

NOI

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Street
Map
Overview
Cap Rate
7.25%
NOI
$1,901,734
Building Size
130,029 sqft
Lot Area
10.43 acres
Description

Mesa Ranch Plaza is a 130,000 SF + shopping center located in the center of Mesa, Arizona (Phoenix-MSA). Shadow-anchored by a high-performing Ranch Market (Not-a-Part), the synergistic mix consists of local, regional, and national tenants that offer a variety of services, including: grocery, fashion, financial, discount, healthcare, soft-good, restaurant, and medical.

Highlights
  • Pride of Ownership Grocery-Anchored Center
  • High Credit Tenancy
  • Major Recent Renovations
  • NNN Expense Pass Through
  • Stabilized Investment
  • Improving Returns
  • Multiple Parcels
  • Limited Lease Rollover
  • High Traffic Signalized Corner Location
  • Strong Visibility and Accessibility
  • Retail Hub
  • Major Retail Corridor
  • Dense Phoenix Submarket Demographics
  • High Barriers to Entry
Documents
Title
Offering Memorandum
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Location
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