1710 Southern AveMesa, AZ 85202

  • Retail properties
  • 12,010 SF
For Lease

Property Details for 1710 Southern Ave

Year built
1980
Construction
CONCRETE
Lot size
2.67 AC
Property size (Sq ft)
12,010 SF
Zone code
LC
Property type
Retail properties
Property subtype
Strip malls
APN
305-06-002K
APU
30506002K

Description

Fiesta Square, located at 1710 W Southern Ave, Mesa, AZ 85202, offers a prime retail opportunity in a high-traffic area. This multi-tenant property totals 5,569 square feet, with 4,222 square feet currently available for lease. The available space is ideal for a variety of retail uses, benefiting from its excellent visibility and location. Situated at the northeast corner of Southern Avenue and Dobson Road in Maricopa County, the property enjoys exceptional exposure. The center is directly across from Banner Desert Hospital, a significant medical facility, and the Fiesta Mall redevelopment project, ensuring a substantial daytime population and strong potential customer base. This location offers an underserved market for restaurants and other retail businesses. The property benefits from convenient access to major transportation arteries, including the US-60 and AZ-101 Loop Freeways, enhancing accessibility for both customers and employees. High traffic counts are a key advantage, with Southern Avenue boasting 23,827 vehicles per day and the Superstition Freeway recording 249,252 vehicles per day. Monument signage is available, providing excellent branding opportunities. One available suite, C2, comprises 1,347 square feet. This presents a compelling opportunity for businesses seeking high visibility and a strategic location within a thriving community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,215,814
    6.5%
    $4,814,598
    7%
    $4,470,698
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,337,515
    Geo Method
    $6,337,515
  • Alternative Use

    Use
    Valuation
    Residential
    $4,061,293
    Hospitality
    $3,720,123
    Educational
    $3,095,098
    Medical
    $3,201,544
    Retail
    $4,814,598
1710 Southern Ave, Mesa, Arizona

Location Insight

City
Mesa
County
Maricopa
State
Arizona
Latitude
33.3936
Longitude
-111.868
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
$45,890
-
-
$626,977
-
$1,617,200
$2,182,661
$3,799,861

FAQs

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