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Mesa Village 1902-1940 E Main St 56,095 SF 100% Leased Retail Building Mesa, AZ 85203 $7,995,000 ($142.53/SF)

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INVESTMENT HIGHLIGHTS

  • Main St and Gilbert Rd Frontage
  • Adjacent to Valley Metro Light Rail
  • Centralized Mesa Location

EXECUTIVE SUMMARY

Mesa Village offers 56,095 square feet of prime retail space, featuring one main building with two suites and three PAD buildings. Situated at the bustling northwest corner of Main and Gilbert Road in Mesa, AZ, the property enjoys high visibility and strong traffic flow.
This vibrant location presents an excellent opportunity for multifamily redevelopment, as well as other possibilities such as office, medical, or mixed use projects. With ample space to create modern living, workspaces, or service-oriented developments, the site provides flexibility to cater to Mesa’s growing community.
Its strategic corner location ensures convenient access to transportation, dining, and entertainment, making it ideal for a variety of development options.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
56,095 SF
Building Class
B
Year Built
1975
Price
$7,995,000
Price Per SF
$142.53
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.13
Lot Size
9.60 AC
Zoning
C-G - Commercial
Parking
300 Spaces (5.35 Spaces per 1,000 SF Leased)
Frontage
760’ on GILBERT

AMENITIES

  • Bus Line
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection

NEARBY MAJOR RETAILERS

Bank of America
Denny's
La Fitness
Planet Fitness
Jenny Craig

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 138-04-001Q
  • 138-04-001L
  • 138-04-001M
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$647,767
  • Listing ID: 33613992

  • Date on Market: 10/23/2024

  • Last Updated:

  • Address: 1902-1940 E Main St, Mesa, AZ 85203

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