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Southern & Extension Plaza (Southern Fiesta) 706 W Southern Ave 22,764 SF 88% Leased Retail Building Mesa, AZ 85210 $4,900,000 ($215.25/SF) 7.06% Cap Rate
INVESTMENT HIGHLIGHTS
- Located in Mesa’s Fiesta District
- Less than 2 miles East of Mesa Community College and Banner Desert Medical Center
- Dense population within 3-mile radius of 162,633 people
- NNN Lease- tenants responsible for their share of property taxes, insurance, CAMs
- Located 0.5 miles North of I-60 and 2.5 miles East of Loop 101
- High traffic intersection of 24,003 VPD along Southern Avenue and 10,628 VPD along Extension Road
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Retail
Building Size
22,764 SF
Building Class
C
Year Built
1984
Price
$4,900,000
Price Per SF
$215.25
Cap Rate
7.06%
NOI
$346,182
Percent Leased
88%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
1.96 AC
Zoning
LC - LC (Limited Commercial), City of Mesa
AMENITIES
- Signage
- Monument Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 102
- 2,728 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 102 | 2,728 SF | Retail | - | Now |
102
| Size |
| 2,728 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 134-17-025 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $238,284 |
PROPERTY TAXES
Parcel Number
134-17-025
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$238,284
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Southern & Extension Plaza (Southern Fiesta) | 706 W Southern Ave
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