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Apache Shops

Retail | 6,402 SF

Listing Contacts

Active

Asking Price: $2,300,000
Address 

21 S Signal Butte Rd, Mesa, AZ 85210

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Date Added
May 23, 2023
Days on Market
699 days
Time Since Last Update
6 days

Details

Property TypeRetail
SubtypeQSR/Fast Food, Storefront, Shopping Center
Investment TypeOwner/User
ClassB
Square Footage6,402
Occupancy58%
NOI$65,062.95
Year Built2007
Buildings1
ZoningLC
Lot Size (acres)0.83
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Marketing Description

Commercial Properties, Inc.​, is pleased to offer for sale 21 S Signal Butte Rd, a 6,402 SF Retail Building in Mesa, AZ.​
Built in 2007, the property is positioned on the southeast corner of Apache Trail and S Signal Butte Rd.​ Located approximately 1.9 miles north of US-60 Superstition Freeway and 2.3 miles east of Loop-202 Red Mountain Freeway.​
This owner/user opportunity is partially leased with income by Liberty Tax and Fast Insurance.​ Its vacant suites consist of a former Subway restaurant and a former CheckSmart, which are contiguous up to 4,058 SF.​

Investment Highlights

  • ​Close Proximity to US-60 & Loop 202 Freeways
  • ​Hard Corner Frontage on S Signal Butte Rd & Apache Trail
  • ​Current Tenants Include Fast Insurance (occupied since 2017) and Liberty Tax (occupied since 2012)
  • ​Monument Signage
  • ​Building Painted April 2023
  • ​Built Out Drive-Thru in Suite 105

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$65,062.95
$5,421.91/mo

Valuation Metrics

0
DSCR
2.83%
Cap Rate
2.83%
ROI
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Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


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