This exceptional retail property, located at 7602 E Main St in Mesa, Arizona, offers a prime opportunity for businesses seeking high visibility and convenient access. The building, constructed in 1982, boasts a total of 33,435 square feet, with 1,800 square feet currently available for lease. Situated in the desirable Red Mountain/Mesa Ret submarket of Maricopa County, this multi-tenant building enjoys excellent exposure to a large customer base. The property's previous use as a carwash makes it particularly well-suited for contractors seeking a yard space, offering ample room for equipment storage and operations. The 1,800 square foot space presents a versatile layout adaptable to a variety of commercial uses. Its location in Mesa, AZ, zip code 85207, provides easy access to major transportation routes and a thriving local community. This is an ideal opportunity to establish or expand a business in a high-demand area. The property's size and location make it a compelling investment for businesses seeking a strategic foothold in the Mesa market. Contact us today to learn more about this exceptional retail space.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,258,220
6.5%
$1,161,434
7%
$1,078,475
Comparable approach
Method
Valuation
Relative Method
$1,534,846
Geo Method
$1,534,846
Alternative Use
Use
Valuation
Residential
$979,713
Hospitality
$897,412
Educational
$746,636
Medical
$772,314
Retail
$1,161,434
Location Insight
City
Mesa
County
Maricopa
State
Arizona
Latitude
33.4163
Longitude
-111.666
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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