2115 Guadalupe RdMesa, AZ 85202

Property Details for 2115 Guadalupe Rd

Year built

1982

Construction

CONCRETE

Lot size

2.02 AC

Property size (Sq ft)

9,920 SF

Zone code

LC

Property type

Strip malls

Property subtype

Neighborhood centers

APN

302-86-516A

APU

30286516A

Description

This exceptional retail opportunity in Mesa, Arizona, presents 13,227 square feet of vacant space within a larger 21,803-square-foot building situated on a 2.02-acre lot. The property, located at 2115, 2121 W Guadalupe Rd, 85202, is zoned LC by the City of Mesa and offers multiple tenancy options. Individual suites range from a minimum of 960 square feet to a maximum contiguous space of 5,427 square feet, providing flexibility for various business needs. Built in 1982, the property boasts ample parking with a ratio of 4 spaces per 1,000 square feet. This prime location in Maricopa County offers excellent visibility and accessibility, making it an ideal space for a variety of retail businesses. The property's size and layout provide opportunities for both single-tenant occupancy or division into multiple smaller units. This is a rare chance to secure a well-located retail space in a thriving Arizona market. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $2,473,885

  6.5%

  $2,283,586

  7%

  $2,120,473

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,853,503

  Geo Method

  $3,853,503

• Alternative Use

  Use

  Valuation

  Residential

  $1,926,290

  Hospitality

  $1,764,472

  Educational

  $1,468,020

  Medical

  $1,518,507

  Retail

  $2,283,586

Location Insight

City

Mesa

County

Maricopa

State

Arizona

Latitude

33.3628

Longitude

-111.879

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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