810 Alma School RdMesa, AZ 85210

Property Details for 810 Alma School Rd

Year built

1987

Construction

CONCRETE

Lot size

6.93 AC

Property size (Sq ft)

9,900 SF

Zone code

LC

Property type

Retail properties

Property subtype

Strip malls

APN

134-28-001E

APU

13428001E

Description

8th Avenue Shops presents a unique investment opportunity in a thriving retail center. This 13,500 square foot shopping center is currently 100% vacant, offering a blank canvas for a discerning investor or tenant. The property features multiple spaces available, ranging in size from approximately 2,066 square feet to 4,607 square feet, providing flexibility for various retail concepts. The entire 13,500 square foot building is available for lease, allowing for a single large tenant or the possibility of multiple smaller tenants. This presents a rare chance to establish a significant presence in a high-traffic location. The property's size and layout offer considerable potential for customization and adaptation to suit a wide range of business needs. Given the complete vacancy, this property offers an exceptional opportunity for a business seeking a prominent location with high visibility and ample space. Interested parties are encouraged to conduct their own due diligence to verify all information critical to their decision-making process. Square footage and other details are approximate.

• CAP approach

  CAP return

  Valuation

  6%

  $4,320,746

  6.5%

  $3,988,380

  7%

  $3,703,496

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,251,392

  Geo Method

  $5,251,392

• Alternative Use

  Use

  Valuation

  Residential

  $3,364,348

  Hospitality

  $3,081,725

  Educational

  $2,563,959

  Medical

  $2,652,137

  Retail

  $3,988,380

Location Insight

City

Mesa

County

Maricopa

State

Arizona

Latitude

33.3994

Longitude

-111.858

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].