Log In/Sign Up
Your email has been sent.
Stabilized Guadalupe-Dobson Shopping Center 2051-2107 W Guadalupe Rd 19,342 SF 100% Leased Retail Building Mesa, AZ 85202 $3,650,000 ($188.71/SF) 6.92% Cap Rate
Investment Highlights
- Below Market Rent
- Extremely low expense ratio
- Stabile retail investment with long-term lease in place
Executive Summary
Fully stabilized retail center with 3 professional tenants in a hard corner of Guadalupe and Dobson.
Anchored by Goodwill and Rosita’s Mexican Restaurant, AutoZone, Title Max and Circle K (NAP)
Abundant Parking (5.2/1,000 SF); Easy Access to Loop-101 & US-60
Below market rent; 3% Annual rent bump for all leases.
Long-term daycare tenant and one long-term lease for DTA (day treatments for adults)
Low expense ratiol Hands free management
CAM Manager manages all experiors and Tenants are responsible for all interiors
Long-term daycare tenant Kids Corner has been operating in this center for over 20 years. and just renewed for another 5 years to 2032 plus two options through 2038.. Multiple locations.
https://www.kidscorneraz.com/
Creative Dancing completed significant tenant improvement in 2022 with options to renew:
https://cdc.dance/
City Radius Community Health Center started in 2023 with a 10-year lease. They provides day treatment for adults and job training. Funded by AZ State and Medicaid.
https://www.mycityradiuschs.com/behavioral-health-care-about-us
Anchored by Goodwill and Rosita’s Mexican Restaurant, AutoZone, Title Max and Circle K (NAP)
Abundant Parking (5.2/1,000 SF); Easy Access to Loop-101 & US-60
Below market rent; 3% Annual rent bump for all leases.
Long-term daycare tenant and one long-term lease for DTA (day treatments for adults)
Low expense ratiol Hands free management
CAM Manager manages all experiors and Tenants are responsible for all interiors
Long-term daycare tenant Kids Corner has been operating in this center for over 20 years. and just renewed for another 5 years to 2032 plus two options through 2038.. Multiple locations.
https://www.kidscorneraz.com/
Creative Dancing completed significant tenant improvement in 2022 with options to renew:
https://cdc.dance/
City Radius Community Health Center started in 2023 with a 10-year lease. They provides day treatment for adults and job training. Funded by AZ State and Medicaid.
https://www.mycityradiuschs.com/behavioral-health-care-about-us
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
19,342 SF
Building Class
C
Year Built/Renovated
1981/2022
Price
$3,650,000
Price Per SF
$188.71
Cap Rate
6.92%
NOI
$252,509
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
1.42 AC
Zoning
LC - retail, shopping center, general office use
Amenities
- Smoke Detector
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- My City Radius Community Health
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Rosita's Fine Mexican Food
- Retailer
- -
- -
- -
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| My City Radius Community Health | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Rosita's Fine Mexican Food | Retailer | - | - | - | Jan 0000 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 302-86-515B | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $196,796 |
Property Taxes
Parcel Number
302-86-515B
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$196,796
1 of 19
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
Stabilized Guadalupe-Dobson Shopping Center | 2051-2107 W Guadalupe Rd