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NEC POWER & ELLIOT 3547 S Power Rd
1,000 - 8,000 SF of 4-Star Retail Space Available in Mesa, AZ 85212
HIGHLIGHTS
- hard corner
- Ground Lease
- 400' of hard corner frontage
- over 47k VPD at intersection
- Build to Suit
- Single Tenant Net Lease STNL
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- TERM
- RENT
- SERVICE TYPE
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 1,000-8,000 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor
QSR, Drive-thru, restaurant also potential options Full commission
- Build to Suit Opportunity
- Ground lease available
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 3547 S POWER RD , MESA, AZ 85212
| Total Space Available | 8,000 SF | Property Subtype | Freestanding |
| Min. Divisible | 1,000 SF | Gross Internal Area | 8,000 SF |
| Property Type | Retail | Construction Status | Proposed |
| Total Space Available | 8,000 SF |
| Min. Divisible | 1,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Internal Area | 8,000 SF |
| Construction Status | Proposed |
ABOUT THE PROPERTY
Prime Location Highlights: -High-Visibility, High-Traffic Intersection: The site is located at a highly-trafficked, signalized intersection where over 47,000 vehicles pass daily. The prime exposure at the NEC of Power and Elliot ensures maximum visibility for any business. -Key Position in Growing Commercial and Residential Hub: This area is experiencing unprecedented growth with the Eastmark Master-Planned Community just to the east, contributing thousands of new residential units and boosting local demand. Retail, industrial, and other commercial developments are also blossoming nearby, making this site a central piece of the action. -Frontage on the Emerging “Elliot Tech Corridor”: Elliot Road is being rapidly transformed into a major tech corridor, attracting billions in investments. Global tech giants such as Google and Facebook are building expansive data centers nearby, generating a surge of jobs and increasing demand for services. Businesses here will benefit from proximity to these high-tech facilities and the resulting influx of workers. -The Ranch Development - Major Upscale Residential & Lifestyle Influence: The pad site sits adjacent to the expansive Cadence at Gateway Ranch Development, an upscale master-planned community. This high-end development is not only creating luxurious homes but also contributing to the demand for premium dining, retail, and lifestyle amenities. Any business leasing this site will have direct access to this affluent consumer base. -Drive-Thru Capability: With drive-thru options available, this site is perfect for fast-casual dining, quick-service restaurants, or any business that wants to leverage the convenience that drive-thru service offers. -Zoned for Commercial Use: Flexible commercial zoning opens up a variety of possible uses including retail, dining, banking, or service-oriented businesses. -Demographics & Area Insights: Population: Within a 3-mile radius, the population stands at 92,708 people, providing a significant local customer base. -Average Household Income: The average household income in the area is an impressive $125,349, reflecting the affluence of the community and the potential for businesses catering to a higher-income clientele. -Daytime Employment: 80,457 people are employed within the same 3-mile radius, representing a large working population that supports daily business activity. -Traffic Data: Power Road sees 31,864 vehicles per day. Elliot Road has 15,276 vehicles per day, making this a highly active intersection. **Notable Points: -Strategic Location with Immense Growth Potential: Being at the center of the Elliot Tech Corridor and next to significant residential projects like Cadence at Gateway, this site is poised for rapid development and high demand. The ongoing developments ensure that foot and vehicle traffic will continue to increase. -Exceptional Accessibility and Exposure: The corner lot and signalized intersection ensure unparalleled access and visibility, ideal for businesses looking to attract both local and commuting traffic. -Proximity to Major Developments and High-Income Neighborhoods: With nearby residential communities like Eastmark and Cadence, along with the bustling tech and industrial developments, the property will serve a diverse customer base— from young professionals and families to tech employees and visitors.
NEARBY MAJOR RETAILERS
Presented by
Sarsen Capital
NEC POWER & ELLIOT | 3547 S Power Rd
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