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Stapley Square 515 N Stapley Dr 24,568 SF 100% Leased Retail Building Mesa, AZ 85203 $8,325,737 CAD ($338.89 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- 100% occupied
- Diverse tenant mix
- Below market rents
- Priced below replacement cost
EXECUTIVE SUMMARY
INVESTMENT HIGHLIGHTS
• 100% occupied
• Below market rents
• Diverse tenant mix
• Priced below replacement cost
• Fitness anchored shopping center
LOCATION HIGHLIGHTS
• Prime location at the signalized intersection of University Drive and Stapley Drive with ±53,748 vehicles per day
• Densely populated trade area with ±332,375 residents in a 5-mile radius
• Located ±2.5 miles from U.S. 60 (±225,656 VPD)
• High average household incomes over $100,000 in a 5 mile radius
• 100% occupied
• Below market rents
• Diverse tenant mix
• Priced below replacement cost
• Fitness anchored shopping center
LOCATION HIGHLIGHTS
• Prime location at the signalized intersection of University Drive and Stapley Drive with ±53,748 vehicles per day
• Densely populated trade area with ±332,375 residents in a 5-mile radius
• Located ±2.5 miles from U.S. 60 (±225,656 VPD)
• High average household incomes over $100,000 in a 5 mile radius
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
24,568 SF
Building Class
C
Year Built/Renovated
1999/2005
Price
$8,325,737 CAD
Price Per SF
$338.89 CAD
Cap Rate
6%
NOI
$499,544 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
2.11 AC
Zoning
C-2, Mesa
Parking
50 Spaces (2.04 Spaces per 1,000 SF Leased)
Frontage
393’ on Stapley Dr
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Finance and Insurance
- -
- -
- -
- -
PNC Mortgage provides comprehensive home lending services, including origination, refinancing, and loan servicing. As part of PNC Bank, it leverages a nationwide network of branches and mortgage offices to deliver competitive products and personalized solutions for homebuyers and homeowners. The division emphasizes efficiency, digital tools, and customer support to simplify the mortgage process.
- Scootin Boots
- -
- -
- -
- Triple Net
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Finance and Insurance | - | - | - | - | |
| Scootin Boots | - | - | - | Triple Net | - |
Bike Score®
Very Bikeable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $613,633 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$613,633 CAD
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Stapley Square | 515 N Stapley Dr
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