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1830-1902 E Baseline Rd
Mesa, AZ 85204 Central Mesa

$22,600,000 USD

Storefront Retail Office For Sale • 129,315 SF

Property Details

Property Type Storefront Retail Office
Total Building Size 129,315 SF
Lot Size 9.58 AC
Building Class B
Year Built 1991
Cap Rate 7.35 %
Tenancy Multiple
Zoning LC, Mesa

30 Transit Score

60 Walk Score

                
                    Highlights
                
                                ANCHOR TENANT WITH 20 YEAR HISTORY AT CENTER INVESTING $3 MILLION IN IMPROVEMENTS
                            
                                DOMINANT MESA / GILBERT INTERSECTION WITH NEARLY 80,000 VEHICLES PER DAY
                            
                                HIGH PERFORMING CENTER WITH 99.3% AVERAGE OCCUPANCY SINCE 2020
                            
                                STABLE TENANCY WITH A 7.6 YEAR WEIGHTED AVERAGE LEASE TERM
                            
                                50% OF REPLACEMENT COST AT $175 PER SQUARE FOOT

Property Flyers

Mesa Comm - compressed 4.10.26

Cap Rate:

7.35 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Frankie D's
Frutta Bowl
Jake's Unlimited		2/29/2032
Maka Beauty Systems		8/31/2020
Rustic Hutch Vintage		1/31/2020
Saguaro Medical Weight Control		8/31/2023
SPF Parkour Academy		3/31/2029
Terra Marketing Inc
Two Men & A Truck		5/31/2020
Victory Martial Arts		5/31/2022

Amenities

Air Conditioning

Public Transportation

Airport	Drive	Walk	Distance
Phoenix-Mesa Gateway	22 min	-	13.3 mi
Phoenix Sky Harbor International	25 min	-	16.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	500
Type:	Surface
Included in Rent:	Yes

Ari Spiro 480-292-3697 ORION Investment Real Estate

1830-1902 E Baseline Rd Mesa, AZ 85204 Central Mesa