5332 Main StMesa, AZ 85205

Property Details for 5332 Main St

Year built

1975

Construction

CONCRETE

Lot size

0.29 AC

Property size (Sq ft)

3,866 SF

Zone code

C-G

Property type

Retail properties

Property subtype

Retail space

APN

141-76-013B

APU

14176013B

Description

This exceptional retail property, located at 5332 E Main St in Mesa, Arizona, offers a significant opportunity for a single-tenant business. The building boasts a substantial 3,866 square feet of vacant space, ready for immediate occupancy. Situated on a generous 1.44-acre lot (75,516 square feet total), this property provides ample space for operations and potential expansion. The property's prime location on Main Street ensures high visibility and accessibility for customers. The property is zoned for commercial use and is ideal for a variety of retail businesses seeking a prominent presence in a thriving Mesa community. The property's APN is 141-76-013B, 013E, and is located in Maricopa County, Arizona, zip code 85205. The property is currently available for lease and presents a unique chance to establish a successful retail operation in a high-traffic area. The expansive lot size offers significant potential for outdoor displays, signage, or additional development. This is a single-tenant property, providing exclusive use of the entire building. Interested parties are encouraged to inquire further to explore the possibilities this exceptional retail space offers.

• CAP approach

  CAP return

  Valuation

  6%

  $1,801,585

  6.5%

  $1,663,002

  7%

  $1,544,216

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,197,672

  Geo Method

  $2,197,672

• Alternative Use

  Use

  Valuation

  Residential

  $1,402,804

  Hospitality

  $1,284,961

  Educational

  $1,069,073

  Medical

  $1,105,840

  Retail

  $1,663,002

Location Insight

City

Mesa

County

Maricopa

State

Arizona

Latitude

33.4161

Longitude

-111.716

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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