515 N Stapley Dr
Mesa, AZ 85203
Stapley Square Shopping Center · Retail Property For Sale

Stapley Square is a very attractive and successful ±28,568 SF multi-tenant shopping center that is part of a larger ±90,958 SF shopping center. Stapley Square offers an investor a very appealing combination of safe / stable, in-place income combined with readily achievable value-add upside opportunity through the lease up of the remaining vacancy. The shopping center’s mix of tenants is uncommonly strong with national tenants (Subway, GNC, Fantastic Sam’s, Metro PCS, Compass Bank, and Jack in the Box) accounting for 60% of the shopping center’s currently leased space and 66% of the current income. The remaining vacancy is readily leasable as it features excellent visibility, and exposure which provides for excellent upside to an investor. The shopping center is located in a very dense area of Mesa, AZ. Both residential and employment populations that surround Stapley Square are outstanding (176,000 residents and 56,600 employees within three miles). The property also benefits from its strategic location at the intersection of two of the area’s busiest roads with approximately 50,000 vehicles per day passing through the intersection.