Address
6740 E University Drive Mesa, AZ
Price
$ 1,365,000
Property Attributes
  • MLS#6322034
  • TypePending
  • CountyMARICOPA
  • CityMesa
  • Zip85205
  • StyleRetail
  • Year Built2006
  • Taxes$ 20601
  • Price$ 1,365,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10871
  • Lot Size1.1 Acres
Listing Provided Courtesy Of:
Cardon Commercial
Data Source:
Arizona Regional MLS (ARMLSN) - 22 - AZ
Property Description

Excellent value-add investment opportunity with huge upside potential through further lease up and increasing low rents. The property is a 10,871 sq. ft. retail strip center facing University Drive with multiple access points. The site has outstanding visibility and great access to Power/University Roads. The intersection has major exposure and daytime traffic with a new Burger King next door, SRP East Valley Service Center and QuikTrip across the street. The property is located on a major traffic intersection West of the Northwest corner of Power and University. Located within the Red Mountain trade area of Mesa.

Price History
11/16/2021 Listed $1,365,000

General Features

Building Type Commercial
Ceiling Height 16.1 Feet to 28 Feet
Construction Block, Metal, Stucco
Cooling Central A/C
Electric SRP
Exterior Features Building Sign, Monument Sign
Gas Y/N City Gas, SW Gas
Heating Electric
Interior Features Alarm System, Finished, Fire Sprinklers, Phone System, Private Restrooms, Security Light(s), Smoke Detector(s)
Map Code/Grid Q41
Ownership Fee Simple
Parking Free, Private Parking, Public Parking
Present Use Retail
Property Type D
Public Remarks Excellent value-add investment opportunity with huge upside potential through further lease up and increasing low rents. The property is a 10
Roof Foam, Rolled
Sewer Sewer - Public
Status Pending
Stories 1 Story
Water City Franchise
Year Built 2006
Zoning C-2

Interior Features

Floors Carpet, Ceramic Tile, Concrete, Vinyl

Exterior Features

Covered Parking Spcs 0.00
Fencing Block
Total Parking Spcs 30.00
Uncvrd Parking Spcs 30.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 85205

Price
AVG $450K
$1.37M
Taxes
AVG $2,142
$20,601
Visits
AVG 33
3
Year Built
AVG 1989
2006

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.