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Shops 4210 E Baseline Rd

9,842 SF 100% Leased Retail Building Mesa, AZ 85206 £2,222,368 (£226/SF) 6.30% Net Initial Yield

Investment Highlights

  • 100% leased offering minimal landlord responsibilities (77% occupied by businesses actively involved in the medical field)
  • Within minutes of Banner Desert Medical Center
  • Dense infill location with nearly 130,000 people within a 3-mile radius
  • Less than one mile from US-60 Freeway
  • Strong area with significant disposable income
  • Excellent visibility along Baseline Road

Executive Summary

Listing page - https://www.cbredealflow.com/handler/modern.aspx?pv=hsM-o40jChEkW6HflNV8eHq5BSFoXB4q9jwon3lNX7fVLuYi6T4eLvuyL0zpjJHELfNIinNRkGTqENNfs_QXEw#_top
Confidentiality agreement: https://www.cbredealflow.com/buyer/findprofile?pv=hsM-o40jChEkW6HflNV8eHq5BSFoXB4q9jwon3lNX7fveeefrysDCyfm_zHgmd_i

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,842 SF
Building Class
B
Year Built
2002
Price
£2,222,368
Price Per SF
£226
Net Initial Yield
6.30%
NOI
£140,080
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.30
Land Acres
0.76 AC
Zoning
C-2, Mesa - LC (Limited Commercial), City of Mesa
Frontage
177 ft on Baseline Rd

Amenities

  • Bus Route

Nearby Major Retailers

Navy Federal Credit Union
BMO
Chase Bank
America First Credit Union
Eos Fitness
Fit Body Boot Camp
CrossFit New Perception
Starbucks
La Fitness
Costa Vida Fresh Mexican Grill

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
140-67-024
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£107,372
  • Listing ID: 28549853

  • Date on Market: 22/05/2023

  • Last Updated:

  • Address: 4210 E Baseline Rd, Mesa, AZ 85206

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