For Sale
$2,379,400

1101 Guadalupe RdMesa, AZ 85210

High-Cap Rate Church, 12,039 SF

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a fully built-out religious facility in Mesa, Arizona, boasting 12,039 square feet on a 0.87-acre lot. The property features 38 parking spaces and enjoys prominent frontage on West Guadalupe Road, complete with a large independent monument sign. The building includes a small kitchen and benefits from convenient access to major roadways like Loop 101, SR 60, and SR 87, placing it centrally within South Tempe, Mesa, Gilbert, and Chandler. Currently leased with approximately 3.5 years remaining on the lease term (expiring December 31st, 2027), this property offers a compelling 7.00% cap rate, translating to a price per square foot of $197.64. The asking price is $2,379,400. Situated amidst a dense residential area with numerous nearby amenities, this property represents a strong, stable investment in a thriving community. The property's APN is 302-77-238H. This is a special purpose property currently operating as a church.

Highlights

  • $2,379,400 asking price for this 12,039 SF special purpose property.
  • 7.00% cap rate with a price per square foot of $197.64.
  • Fully built-out religious facility with 38 parking spaces on a 0.87-acre lot in Mesa, AZ.
  • Located on W. Guadalupe Rd with prominent monument signage, offering easy access to major freeways (Loop 101, SR 60, and SR 87).
  • Features a small kitchen and benefits from a central location near South Tempe, Mesa, Gilbert, and Chandler, within a dense residential area.
  • 3-year lease remaining (expires December 31, 2027).

Property Details for 1101 Guadalupe Rd

Property type
Specialty properties, Churches & religious facilities
Square Feet
12,039 SF
Lot Size (sq. ft)
37,897 SF

Location Insight

City
Mesa
County
Maricopa
State
Arizona
Latitude
33.3639381
Longitude
-111.8569058
1101 Guadalupe Rd, Mesa, Arizona

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1101 Guadalupe Rd
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