1911 Broadway RdMesa, AZ 85202

Property Details for 1911 Broadway Rd

Year built

1986

Construction

CONCRETE

Lot size

2.07 AC

Property size (Sq ft)

19,600 SF

Zone code

LI

Property type

Strip malls

Property subtype

Neighborhood centers

APN

134-30-001Y

APU

13430001Y

Description

This exceptional Mesa, Arizona retail property, located at 1911 W Broadway Rd, offers 1,750 square feet of immediately available space within a larger 19,600 square foot building situated on a 2.07-acre lot. Built in 1986 and zoned C-2, this multi-tenant property is ideally situated in the Red Mountain/Mesa Ret submarket, providing excellent visibility and accessibility for businesses. The space features expansive storefront windows, creating an inviting atmosphere for customers. The interior offers a flexible layout suitable for a variety of retail concepts, and ample space for displays and customer interaction. The property also includes dedicated parking and convenient loading areas to ensure smooth operations. This prime location in Maricopa County, Arizona (zip code 85202) presents a unique opportunity for businesses seeking high-traffic exposure and a well-maintained space. The property's strategic location and ample space make it an ideal choice for retailers looking to establish or expand their presence in a thriving market. This is a rare opportunity to secure a space in a well-established retail center with significant potential for growth.

• CAP approach

  CAP return

  Valuation

  6%

  $8,529,178

  6.5%

  $7,873,088

  7%

  $7,310,724

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,364,597

  Geo Method

  $10,364,597

• Alternative Use

  Use

  Valuation

  Residential

  $6,641,244

  Hospitality

  $6,083,344

  Educational

  $5,061,270

  Medical

  $5,235,336

  Retail

  $7,873,088

Location Insight

City

Mesa

County

Maricopa

State

Arizona

Latitude

33.4071

Longitude

-111.873

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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