1616 S Stapley Dr - Storefront Retail/Office FOR SALE


Mesa, AZ 85204- Central Mesa
$2,650,000 USD
602-820-8725
1616 S Stapley Dr, Mesa, AZ for Sale
$2,650,000 USD
Storefront Retail/Office - FOR SALE
1/9
null | 6.5% Cap Rate

1616 S Stapley Dr
Mesa, AZ 85204
Central Mesa


HIGHLIGHTS

  • ±6,797 square foot strip center situated on a ±1.19 acre parcel
  • The property is currently 100% leased
  • Strong national and growing tenancy
  • Prime Regional Location, High-Density Retail Corridor
  • Robust local demographics, Dense daytime population
  • Strategic placement in Mesa

OVERVIEW

The property is a ±6,797 square foot strip center situated on a ±1.19 acre parcel at the Southwest corner of the U.S. Route 60 freeway and Stapley Drive in Mesa, Arizona. This intersection is incredibly high-trafficked with nearly 83,000 vehicles per day along Stapley Drive and 247,000 vehicles per day along the U.S. Route 60 freeway. Stapley Marketplace is prominently located in front of the Stapley Center, a ±277,000 square foot office park, and Stapley Corporate Center, a ±182,000 square foot office park. The property is currently 100% leased to three tenants, Wingstop, Firehouse Subs, and 16 Handles Stapley Marketplace presents investors with a rare opportunity to own a portion of a regional trade area shopping center with strong existing tenancy from growing national brands.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$390 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stapley Marketplace

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.19 AC

LAND SF

51,728 SF

ZONING

M-1, Mesa

APN/PARCEL ID

139-11-089A

ASK ABOUT THIS PROPERTY

Kalen RickardWestern Retail Advisors, LLCMore Info
602-820-8725

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Kalen RickardWestern Retail Advisors, LLCMore Info
602-820-8725

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.