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Val Vista Crossing

2 Retail Properties Offered at £8,998,214 in Mesa, AZ

Investment Highlights

  • Goodwill on long-term lease through 2032
  • Developable pads included in sale
  • Below market rents
  • Dense infill location

Executive Summary

CBRE National Retail Partners Group, as exclusive advisors, are pleased to present the opportunity to acquire a Val Vista Crossing, is a 64,242 square feet shopping center located on the southeast corner of Val Vista Drive and Southern Avenue just one mile north of US Highway 60 in Mesa, Arizona. This center is anchored by Goodwill and includes a variety of tenants catering to daily needs, including salons, specialty activities such as martial arts and dance as well as dining establishments. Val Vista Crossing enjoys excellent visibility from Val Vista Drive and Southern Avenue, with over 52,000 vehicles passing by the property each day.
This daily-needs retail shopping center presents an exceptional investment opportunity, enhanced by the inclusion of developable parcelized pads. This added development potential not only maximizes the property’s income-generating capabilities but also positions it as a dynamic asset capable of evolving with changing consumer trends and business needs. The availability of these parcelized pads sets this shopping center apart, providing a unique avenue for value creation and long-term financial gains.

Property Facts

Price £8,998,214
Price / SF £140.07 / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 64,242 SF
Total Land Area 7.86 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Shops A, B, & C
3617-3701 E Southern Ave, Mesa, AZ 85206
Retail 56,086 SF 1988 -
Shops D
3725 E Southern Ave, Mesa, AZ 85206
Retail 8,156 SF 1988 -
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  • Listing ID: 32172626

  • Date on Market: 18/06/2024

  • Last Updated:

  • Address: Val Vista Crossing, Mesa, AZ

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