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$2,725,000
12 Days Online

1940 W Baseline Road
Mesa, AZ 85202

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
12,046
SqFt
$226
/SqFt
1984
Built
Subdivision:
Dobson Commercial Center
County:
Maricopa

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Call Now: 602-413-0482
Is this the home for you? We can help make it yours.
602-413-0482
1940 W Baseline Road1940 W Baseline Road1940 W Baseline Road1940 W Baseline Road
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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'.

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Listing Snapshot
Price 
$2,725,000
Days Online 
12 Days
Bedrooms 
N/A
Inside Area (SqFt) 
12,046 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.66 Acres
Year Built 
1984
MLS® Number 
6695639
Status 
Active
Property Tax 
$22,005
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
2 weeks agoListing first seen online
General Features
Construction 
Block
Parking 
Private Parking
Parking Spaces 
68
Sewer 
Public Sewer
Acreage 
1.66
Cross Street 
Baseline/Dobson
Attached Garage 
No
Zoning 
LC
Interior Features
Cooling 
Central A/ C
Heating 
None
Flooring 
Concrete
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Exterior Features
Roof 
Tile
Fencing 
Other
Community Features
Township 
1N
Listing courtesy of Arizona Investment & Mgt, LLC.



All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Data Last Update: 2024-05-06 02:35 AM UTC

Neighborhood & Commute
Source: Walkscore
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