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Main Street Plaza 4815 E Main St 31,888 SF 67% Leased Retail Building Mesa, AZ 85205 $5,252,000 ($164.70/SF) 6.13% Cap Rate
Investment Highlights
- Value-Add with Significant Upside: Main Street Plaza presents a strong value- add opportunity driven by below-market in-place rents
- High-Visibility, High-Traffic Location: Situated along East Main Street, one of East Mesa’s primary retail corridors, 22,000+ vehicles per day
- Established Retail Corridor with Year-Round Demand: Main Street Plaza is surrounded by long-standing demand drivers such as Arizona Golf Resort
- Near-Term Upside Through Lease-Up: The property is 90.75% occupied, with approximately ±2,950 SF of vacant space available for immediate lease-up
- Dense, Stable Consumer Base: The surrounding trade area features a strong residential density
Executive Summary
Name
David Harrington
Company
Matthews Real Estate Investment Services, Inc
Firm & License
License # CO701910000, BR715518000 (AZ)
Address
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
Phone
(866) 889-0550
David Harrington
Company
Matthews Real Estate Investment Services, Inc
Firm & License
License # CO701910000, BR715518000 (AZ)
Address
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
Phone
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
31,888 SF
Building Class
C
Year Built
1978
Price
$5,252,000
Price Per SF
$164.70
Cap Rate
6.13%
NOI
$322,148
Percent Leased
67%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
2.43 AC
Zoning
C-2, Mesa
Parking
100 Spaces (3.14 Spaces per 1,000 SF Leased)
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Eagle Pathway Thrift
- Retailer
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Lorem Ipsum
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Jan 0000
- Educational Video
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$9.99
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Lorem Ipsum
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- Freedom Church
- Services
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$9.99
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Lorem Ipsum
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- Shabby Shack Furniture
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Eagle Pathway Thrift | Retailer | - | - | Lorem Ipsum | Jan 0000 | |
| Educational Video | - | - | $9.99 | Lorem Ipsum | - | |
| Freedom Church | Services | - | $9.99 | Lorem Ipsum | - | |
| Shabby Shack Furniture | - | - | - | Lorem Ipsum | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 140-34-862B | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $306,164 |
Property Taxes
Parcel Number
140-34-862B
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$306,164
Contacts
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Trevor Von Behren -
Zach Stevens -
Alex DeSoto -
Matthews Real Estate Investment Services
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Main Street Plaza | 4815 E Main St
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