Stapley Square 2 Retail Properties Offered at $5,951,508 in Mesa, AZ

Marcus & Millichap is pleased to present the investment opportunity located at 425-515 N Stapley Drive in Mesa, Arizona. Strategically
positioned at the signalized intersection of Stapley Drive and University Drive, this 24,568-square-foot fitness-anchored retail center is
strategically positioned within a well-established commercial corridor that benefits from strong traffic counts, dense surrounding
neighborhoods, and consistent consumer demand. The property is currently 100 percent occupied and features a diverse mix of
service-oriented tenants that generate stable income and provide reliable daily customer traffic. The offering presents investors with
meaningful rental upside, as in-place rents average approximately $16.08 per square foot annually, providing the opportunity to
increase cash flow through future rent growth as leases roll. This embedded value-add component enhances the property’s long-term
income growth potential while maintaining a strong occupancy profile. Further strengthening the retail corridor, shadow anchor
Amped Fitness recently executed a new 15-year lease and is backed by Princeton Equity Group, a private equity firm with
approximately $1.6 billion in assets under management and 35 locations nationwide. The long-term commitment of a prominent
fitness operator reinforces the area’s retail fundamentals and helps drive consistent consumer traffic to neighboring businesses. With
stable occupancy, strong tenant demand drivers, and attractive rental upside, this Mesa retail center offers investors the opportunity to
acquire a well-located asset with current income and future growth potential.