for sale | retail a value-add investment opportunity · 1 mile 3 miles 5 miles total population...

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BEA BEAU FLAHAR U FLAHART Associate Advisor 480.425.5527 beau.fl[email protected] AZ #SA647880000 ROMMIE MOJAHED ROMMIE MOJAHED Director Of Sales & Leasing 480.425.5534 [email protected] EDDIE GONZALEZ EDDIE GONZALEZ Associate Advisor 480.425.5508 [email protected] All Sperry Van Ness® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. svnpa vnpartner tners. s.com om PROPER PROPERTY O Y OVER VERVIEW VIEW Broadway Plaza II a neighborhood retail center of approximately 18,160 square feet. Situated on approximately 1.36 acres, the property has excellent visibility along Broadway Road at a lighted intersection. Currently occupied at 63%, giving the new owner immediate leasing upside. Tenants include Allstate Insurance, Dance Unlimited and Wave Illusions. PROPER PROPERTY HIGHLIGHTS Y HIGHLIGHTS Value-add opportunity Rent ready suites Well maintained strip center on the NWC of Broadway Rd. & 56th St. Infill center surrounded by residential homes Stabilized Tenants Just North of the U.S. Route 60 Near Superstition Springs Mall Great visibility at a signalized intersection FOR SALE | RETAIL 5540 E. Broadway Rd | Mesa, AZ 85206 A VALUE-ADD INVESTMENT OPPORTUNITY PROPER PROPERTY SUMMAR Y SUMMARY SALE PRICE: $1,500,000 LOT SIZE: 1.36 Acres BUILDING SIZE: 18,156 SF YEAR BUILT: 1987 ZONING: C-2 Mesa

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Page 1: FOR SALE | RETAIL A VALUE-ADD INVESTMENT OPPORTUNITY · 1 Mile 3 Miles 5 Miles Total Population 13,051 110,966 267,203 Population Density 4,154 3,925 3,402 Median Age 54.9 45.8 41.8

BEABEAU FLAHARU FLAHARTTAssociate [email protected] #SA647880000

ROMMIE MOJAHEDROMMIE MOJAHEDDirector Of Sales & [email protected]

EDDIE GONZALEZEDDIE GONZALEZAssociate [email protected]

All Sperry Van Ness® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. ssvnpavnparrtnertners.s.ccomom

PROPERPROPERTTY OY OVERVERVIEWVIEW

Broadway Plaza II a neighborhood retail center of approximately 18,160 square feet. Situated onapproximately 1.36 acres, the property has excellent visibility along Broadway Road at a lightedintersection. Currently occupied at 63%, giving the new owner immediate leasing upside. Tenantsinclude Allstate Insurance, Dance Unlimited and Wave Illusions.

PROPERPROPERTTY HIGHLIGHTSY HIGHLIGHTS

• Value-add opportunity

• Rent ready suites

• Well maintained strip center on the NWC of Broadway Rd. & 56th St.

• Infill center surrounded by residential homes

• Stabilized Tenants

• Just North of the U.S. Route 60

• Near Superstition Springs Mall

• Great visibility at a signalized intersection

FOR SALE | RETAIL

5540 E. Broadway Rd | Mesa, AZ 85206A VALUE-ADD INVESTMENT OPPORTUNITY

PROPERPROPERTTY SUMMARY SUMMARYY

SALE PRICE: $1,500,000

LOT SIZE: 1.36 Acres

BUILDING SIZE: 18,156 SF

YEAR BUILT: 1987

ZONING: C-2 Mesa

Page 2: FOR SALE | RETAIL A VALUE-ADD INVESTMENT OPPORTUNITY · 1 Mile 3 Miles 5 Miles Total Population 13,051 110,966 267,203 Population Density 4,154 3,925 3,402 Median Age 54.9 45.8 41.8

BEABEAU FLAHARU FLAHARTTAssociate [email protected] #SA647880000

ROMMIE MOJAHEDROMMIE MOJAHEDDirector Of Sales & [email protected]

EDDIE GONZALEZEDDIE GONZALEZAssociate [email protected]

All Sperry Van Ness® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. ssvnpavnparrtnertners.s.ccomom

FOR SALE | RETAIL

5540 E. Broadway Rd | Mesa, AZ 85206A VALUE-ADD INVESTMENT OPPORTUNITY

Page 3: FOR SALE | RETAIL A VALUE-ADD INVESTMENT OPPORTUNITY · 1 Mile 3 Miles 5 Miles Total Population 13,051 110,966 267,203 Population Density 4,154 3,925 3,402 Median Age 54.9 45.8 41.8

BEABEAU FLAHARU FLAHARTTAssociate [email protected] #SA647880000

ROMMIE MOJAHEDROMMIE MOJAHEDDirector Of Sales & [email protected]

EDDIE GONZALEZEDDIE GONZALEZAssociate [email protected]

All Sperry Van Ness® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. ssvnpavnparrtnertners.s.ccomom

FOR SALE | RETAIL

5540 E. Broadway Rd | Mesa, AZ 85206A VALUE-ADD INVESTMENT OPPORTUNITY

Page 4: FOR SALE | RETAIL A VALUE-ADD INVESTMENT OPPORTUNITY · 1 Mile 3 Miles 5 Miles Total Population 13,051 110,966 267,203 Population Density 4,154 3,925 3,402 Median Age 54.9 45.8 41.8

BEABEAU FLAHARU FLAHARTTAssociate [email protected] #SA647880000

ROMMIE MOJAHEDROMMIE MOJAHEDDirector Of Sales & [email protected]

EDDIE GONZALEZEDDIE GONZALEZAssociate [email protected]

All Sperry Van Ness® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. ssvnpavnparrtnertners.s.ccomom

FOR SALE | RETAIL

5540 E. Broadway Rd | Mesa, AZ 85206A VALUE-ADD INVESTMENT OPPORTUNITY

Page 5: FOR SALE | RETAIL A VALUE-ADD INVESTMENT OPPORTUNITY · 1 Mile 3 Miles 5 Miles Total Population 13,051 110,966 267,203 Population Density 4,154 3,925 3,402 Median Age 54.9 45.8 41.8

BEABEAU FLAHARU FLAHARTTAssociate [email protected] #SA647880000

ROMMIE MOJAHEDROMMIE MOJAHEDDirector Of Sales & [email protected]

EDDIE GONZALEZEDDIE GONZALEZAssociate [email protected]

All Sperry Van Ness® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. ssvnpavnparrtnertners.s.ccomom

* Demographic data derived from 2010 US Census

1 M1 Mileile 3 M3 Milesiles 5 M5 Milesiles

Total Population 13,051 110,966 267,203

Population Density 4,154 3,925 3,402

Median Age 54.9 45.8 41.8

Median Age (Male) 52.2 44.5 40.8

Median Age (Female) 55.7 46.9 42.9

Total Households 6,011 48,456 106,610

# of Persons Per HH 2.2 2.3 2.5

Average HH Income $48,962 $58,740 $67,212

Average House Value $158,219 $169,075 $211,694

FOR SALE | RETAIL

5540 E. Broadway Rd | Mesa, AZ 85206A VALUE-ADD INVESTMENT OPPORTUNITY