1535 University DrMesa, AZ 85203

Property Details for 1535 University Dr

Year built

1980

Property size (Sq ft)

12,536 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional 12,536 square foot retail property, located at 1535 E University Dr in Mesa, Arizona (zip code 85203), presents a lucrative investment opportunity. Built in 1980 and situated on a sizable 32,060 square foot lot, the property boasts 30 parking spaces. The building has undergone extensive renovations, including a new roof, HVAC system, parking lot resurfacing, landscaping enhancements, updated lighting, and fresh paint. The property is zoned LC - Mesa, allowing for a variety of retail uses. Its prominent location on East University Drive offers excellent visibility and accessibility, enhanced by a substantial monument sign. The property's strategic position within Mesa places it near a diverse mix of residential areas, businesses, and educational institutions, ensuring a strong customer base. A significant tenant improvement (TI) allowance is available for qualified tenants, making this an attractive proposition for businesses seeking a move-in ready space. This is a rare opportunity to acquire a fully renovated, high-visibility retail center in a thriving Mesa location.

Location Insight

City

Mesa

County

Maricopa

State

Arizona

Latitude

33.4222

Longitude

-111.798

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