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1212-1250 W University Dr, Mesa AZ 85201

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    For Sale $4,450,000.00
    Retail
    Description

    Westwood Village Shopping Center

    Retail - AZ

    OFFERING SUMMARY

    • 1212-1250 W University Dr, Mesa AZ 85201
    • Year Built:  1961
    • Building Size:  59,650 sq ft
    • Property Name:  Westwood Village Shopping Center
    • Sale Price:  $4,450,000.00
    • Price PSF:  $74.60
    • Cap Rate:  6.09%
    • NOI:  $270,931.00
    • Land Size:  4.60 acres
    • Property Type:  Retail
    • Type:  Investment
    • Zoning:  C2
    • Parcel #:  135-32-018G
    • Parking Ratio:  5.36/1,000 SF

    Commercial Real Estate investment opportunity with growth potential, Westwood Village Shopping Center for sale. 79% Leased to 9 Tenants, only $74.60 PSF, 6.09% Capitalization Rate at current occupancy, 8.8% when fully occupied. E-Commerce resistant tenants, Monument & Building Signage Available. 59,650 SF building features 12 Suites.



    BROKER INFORMATION

    Tom Semancik
    (602) 989-3616
    tsemancik@cpiaz.com


    Kyle Davis
    (203) 419-5385
    kdavis@cpiaz.com


    Property Features
    • Retail

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