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1961 E University Dr
Mesa, AZ 85203
Mission Square · Land For Sale
·
0.40 AC
Investment Highlights
- Hard-corner retail PAD at a signalized intersection with excellent visibility.
- Surrounded by national retailers including Petco, Panda Express, and Goodwill.
- Convenient access to Loop 202, U.S. 60, and major Phoenix metro corridors.
- Located along Gilbert Road and University Drive with combined traffic counts exceeding 40,000 VPD.
- Approximately 0.39-acre parcel suitable for a variety of retail or service uses.
- Positioned in a dense trade area with strong consumer demand and ongoing redevelopment activity.
Executive Summary
The surrounding trade area is anchored by national retailers and popular dining establishments, creating a steady flow of consumer activity. The property’s location provides convenient access to major freeways, including Loop 202 and U.S. 60, ensuring connectivity to the broader Phoenix metropolitan area. With Mesa’s continued population growth and robust economic development, this site offers long-term value for investors seeking a well-located retail asset in a thriving market.
Property Facts
1 Lot Available
Lot
| Price | $2,719,000 CAD | Lot Size | 0.40 AC |
| Price Per AC | $6,829,633.68 CAD |
| Price | $2,719,000 CAD |
| Price Per AC | $6,829,633.68 CAD |
| Lot Size | 0.40 AC |
Hard Corner PAD Available. Sale, ground lease, or build to suit. Sale price is $2,000,000.
Description
The property at 1961 E University Drive in Mesa, Arizona is a highly visible retail pad located at the signalized intersection of Gilbert Road and University Drive. Spanning approximately 0.39 acres, this hard-corner site offers excellent exposure to heavy traffic flows, with more than 40,000 vehicles passing daily. The parcel provides cross-access to an adjacent parking lot and is surrounded by established national retailers such as Petco, Panda Express, and Goodwill, creating a strong consumer draw. Its strategic location ensures convenient connectivity to major transportation routes, including Loop 202 and U.S. 60, and places it within a vibrant trade area experiencing ongoing redevelopment. This site is well-suited for a variety of retail or service-oriented uses, offering a rare opportunity in one of Mesa’s most active commercial corridors.
Property Taxes
| Parcel Number | 138-68-001T | Improvements Assessment | $0 CAD |
| Land Assessment | $42,298 CAD | Total Assessment | $42,298 CAD |
Property Taxes
