1940 W Baseline Road Mesa, AZ 85202
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 TypeCommercial
- NeighborhoodDobson Commercial Center
- CountyMaricopa
- Taxes$22,005
- HOA/Condo/Coop Fees$0
- Days on Site12 Days
- MLS StatusActive
- MLS ID Number6695639
- Home Size Source N/A
- Year Built1984
- Lot Size1.66 Acres
- Full BathsN/A
- Partial BathsN/A
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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
Exterior Features
- Roof Tile
- Fencing Other
Community Features
- Township 1N