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Arizona Investment & Management LLC is pleased to present the rare opportunity to acquire a 12,046 square foot multi-tenant retail property highlighted by a T-Mobile retail showroom and training facility. The Lakes at 1940 West Baseline Road, Mesa, AZ, 85202 at the western endcap of the Dobson Commercial Shopping Center, a multi-tenant, BAIZ Market Place anchored retail shopping center. It is ideally located in the heart of Dobson Ranch in Mesa.This 9-unit property is 100% occupied with a 7.3% cap rate! Leases have scheduled annual rent escalations. Plus well-seasoned Tenants that include T-Mobile (5,588 SF retail showroom and training center, remodeled this year) in occupancy since 04', Platinum Salon, a Tenant since 88', Chiropractic Care Center since 07', and China Express since 03'.PROPERTY FEATURES
Water Source :
City Franchise
Sewer Source :
Public Sewer
Electric :
SRP
Parking Features:
Private Parking
Cooling:
Central A/C
Construction Materials:
Block
Flooring :
Concrete
PROPERTY DETAILS
Street Address: 1940 W BASELINE Road
City: Mesa
State: Arizona
Postal Code: 85202
County: Maricopa
MLS Number: 6695639
Year Built: 1984
Courtesy of Arizona Investment & Mgt, LLC
City: Mesa
State: Arizona
Postal Code: 85202
County: Maricopa
MLS Number: 6695639
Year Built: 1984
Courtesy of Arizona Investment & Mgt, LLC
Courtesy of DeLex Realty