7303 Main StMesa, AZ 85207

For Lease
$14/SF/YR View listing
  • Strip malls
  • 17,980 SF

Property Details for 7303 Main St

Year built
1989
Construction
CONCRETE
Lot size
1.69 AC
Property size (Sq ft)
17,980 SF
Zone code
LC
Property type
Strip malls
Property subtype
Neighborhood centers
APN
218-18-001Q
APU
21818001Q

Description

Tridowell Plaza, located at 7303 E Main St, Mesa, AZ 85207, presents a fantastic retail leasing opportunity. This 18,270 square foot multi-tenant property, built in 1989, offers a vacant 1,800 square foot space ideal for a variety of businesses. Situated in the desirable Red Mountain/Mesa Ret submarket of Maricopa County, this outparcel/pad site benefits from high visibility and convenient access. The property is zoned C-2, providing flexibility for a range of commercial uses. The address is easily accessible from East Main Street, ensuring high traffic flow and excellent exposure to potential customers. With its established location and ample space, this property represents a strong investment opportunity for businesses seeking a prominent presence in a thriving retail area. The property's APN is 218-18-001Q. This is a chance to secure a space in a well-maintained building within a busy commercial corridor. The available space is ready for immediate occupancy, allowing for a quick start to operations. Don't miss this chance to establish your business in this prime Mesa location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,378,816
    6.5%
    $7,734,292
    7%
    $7,181,842
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,220,940
    Geo Method
    $10,220,940
  • Alternative Use

    Use
    Valuation
    Residential
    $6,524,164
    Hospitality
    $5,976,100
    Educational
    $4,972,045
    Medical
    $5,143,041
    Retail
    $7,734,292
7303 Main St, Mesa, Arizona

Location Insight

City
Mesa
County
Maricopa
State
Arizona
Latitude
33.4147
Longitude
-111.674
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,572
-
-
$289,882
-
$433,300
$1,323,560
$1,756,860

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