For Sale
$5,585,443

2909 Dobson RdMesa, AZ 85202

High-yield, fully leased shopping center

Overview

Added:
Dec 11, 2024
Days on market:
116
Dobbs Plaza, a prime retail investment opportunity in Mesa, Arizona, is now available for purchase. This exceptional property boasts 31,828 square feet of 100% occupied space, distributed across two single-story buildings situated on a 2.55-acre lot. The property features a strong tenant roster, including popular local businesses such as Bisbee Breakfast and Dobson Ranch Animal Hospital, ensuring consistent cash flow. The current Net Operating Income (NOI) stands at $390,981, yielding a 7.00% capitalization rate. The asking price is $5,585,443, translating to $217.64 per square foot. Located at 2909-2917 S Dobson Rd, Mesa, AZ 85202, this shopping center benefits from high visibility along Dobson Road, with a daily traffic count of 26,700 vehicles. The property is zoned LC - Limited Commercial and offers abundant parking and prominent building/monument signage opportunities. The lease type is NNN (Triple Net), spread across nine co-tenants, minimizing landlord responsibilities. This presents a value-add opportunity with potential for future growth and increased profitability. Easy access to Loop 101 and US 60 further enhances its strategic location and accessibility. The property's APN is 302-78-854A & 855A.

Highlights

  • 100% NNN-leased, nine-tenant retail property.
  • Value-add opportunity with strong potential for future growth.
  • Ample parking and prominent building/monument signage.
  • High visibility location on Dobson Rd, with 26,700 VPD.
  • Strong tenant roster including Bisbee Breakfast and Dobson Ranch Animal Hospital.
  • Excellent access to Loop 101 and US 60.

Property Details for 2909 Dobson Rd

Property type
Lifestyle centers, Power centers
Square Feet
31,828 SF
Buildings
2
Stories
1
Lot Size (sq. ft)
111,078 SF

Location Insight

City
Mesa
County
Maricopa
State
Arizona
Latitude
33.3621856
Longitude
-111.8757226
2909 Dobson Rd, Mesa, Arizona

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2909 Dobson Rd
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