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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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