Arizona Retail

For Lease High Visibility Retail Center Space
Mesa, AZ
# For Lease High Visibility Retail Center High visibility retail center for lease: Southern Sunset Plaza, located at the southwest corner of Country Club Drive and Southern Avenue in Mesa, Ariz. Seeking multiple restaurant users, with four former restaurant spaces available: - ±1,660 SF - Former Subway - ±2,407 SF - Former Chinese restaurant with hood and walk-ins - ±2,805 SF - Suites 1340 and 1342 can be combined to front Country Club Drive, some restaurant improvement existing - ±2,835 SF - End-cap restaurant space fronting Southern Avenue Suites 1262-1 and 1262-2, consisting of ±4,185 SF, are avaialble for sale or lease. Sale price is $700,000. Retail Pad Available: ±40,000 SF - call for details Space available for lease with a lease rate from $8 to $20 PSF, ±$3.66 PSF NNN. Generous tenant improvement allowance for qualified users - Suite 1262-1: ±2,835 (former restaurant) - Suite 1262-2: ±1,350 - Suite 1300-A3: ±24,016 - Suite 1326: ±2,407 (former restaurant) - Suite 1328: ±3,140 - Suite 1330: ±1,540 - Suite 1332: ±1,660 (former restaurant) - Suites 1328, 1330 & 1332 contiguous to ±6,340 - Suite 1340: ±1,650 (former restaurant) - Suite 1342: ±1,155 - Suites 1340 & 1342 contiguous to ±2,805 Features - 237,152 SF mixed-use shopping center with retail and employment users - Large employment population concentrated in and near the center - On-site 24-hour call center averaging 1,000 employees per day - Area draw from the Fiesta District, with employment population of 87,292 within a 3-mile radius - Excellent visibility and monument signage opportunities - Attractive renovations underway - Large parking field - Less than one mile from US-60 (full-diamond interchange) - Current tenants include Taco Bell, iPacesetters, K-MOMO, Antique City Warehouse, Carrington College, 24-7 Intouch Contact Centers, Dry Cleaners and Crick Wireless


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: March 11, 2017

Arizona Rates

On average, listings lease in the $20's per square foot per year. The Arizona submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.

Arizona Listing Supply

In the last 90 days, 1683 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Arizona are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,900 sqft. Most buildings in this region are around 2 floors. Most buildings in this region were built in 1990 and are Class B.

Arizona Community

Market Report

Trends and status of the commercial real estate market in Arizona.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Arizona.