executive summary fiesta palms ii shopping center...chris norton [email protected] (p)...
TRANSCRIPT
ARVLE KNIGHT, CCIM Senior Associate Broker
CHRIS [email protected] (P) 480.559.9775 (C) 480.559.9775
[email protected] (P) 602.885.8000 (C) 602.885.8000
The information contained herein is from sources believed to be reliable. While we do not doubt itsaccuracy, we have not verified it and make no guarantee, warranty or representation about it. ThePurchaser is advised to independently verify the accuracy and completeness of the information in orderto determine the suitability of the property for the Purchaser’s needs.
KLCommercialGroup.com
This End Cap with visibility to both Alma School Road and the adjacent shoppingcenter has been mostly demoed to create on open slate for custom tenantimprovements and restrooms to meet code for specific use. New tenant maychoose to lease only the vacant suite with ±2,708 SF or take the entire spaceincluding Papa John's Pizza for a totally rectangular layout of ±4,528 SF. Landlord iswilling to modify the space as needed to accommodate a well-qualified credittenant. Competitive rents and flexible terms are being offered.
PROPERTY OVERVIEW
PROPERTY HIGHLIGHTS
• Restaurant/Retail/Medical/Professional
• High-Visibility End Cap
• Clean, Well-Managed Property
• Same property manager for past 16 years
• Monument Signage Included
• Building Signage Available on 2 Sides
• Private Restrooms in Each Suite
OFFERING SUMMARY
Available SF: 900 - 4,560 SF
Lease Rate: $14.00 - 18.00 SF/yr(NNN is $4.75/SF)
Lot Size: 3.26 Acres
Year Built: 1988
Building Size: 28,383 SF
Zoning: LC
Market: Mesa
Submarket: East Valley
Traffic Count: 30,000
Fiesta Palms II Shopping Center2111 S. ALMA SCHOOL RD., MESA, AZ
EXECUTIVE SUMMARY
ARVLE KNIGHT, CCIM Senior Associate Broker
CHRIS [email protected] (P) 480.559.9775 (C) 480.559.9775
[email protected] (P) 602.885.8000 (C) 602.885.8000
The information contained herein is from sources believed to be reliable. While we do not doubt itsaccuracy, we have not verified it and make no guarantee, warranty or representation about it. ThePurchaser is advised to independently verify the accuracy and completeness of the information in orderto determine the suitability of the property for the Purchaser’s needs.
KLCommercialGroup.com
PROPERTY OVERVIEW
This End Cap with visibility to both Alma School Road and theadjacent shopping center has been mostly demoed to createon open slate for custom tenant improvements and restroomsto meet code for specific use. New tenant may choose to leaseonly the vacant suite with ±2,708 SF or take the entire spaceincluding Papa John's Pizza for a totally rectangular layout of±4,528 SF. Landlord is willing to modify the space as needed toaccommodate a well-qualified credit tenant. Competitive rentsand flexible terms are being offered.
LOCATION OVERVIEW
As a synergistic community center in a growing neighborhood,the combination of Fiesta Palms I & II shopping centers hostsseveral high-volume tenants including Starbucks Coffee, FiredPie Pizza, Applebees's Restaurant, Dunkin Donuts, and LotusInternational Market. The plaza is also home to Snap Fitness24-7, Nail Logic Institute of Nail Technology, the Avalon Schoolof Cosmetology, Arthur Murray Dance Studio and Sunny's Hair& Wigs. Located just 1 mile south of the Superstition Hwy 60,the daily traffic count at this busy intersection is more than62,000 vehicles per day.
Fiesta Palms II Shopping Center2111 S. ALMA SCHOOL RD., MESA, AZ
PROPERTY DESCRIPTION
ARVLE KNIGHT, CCIM Senior Associate Broker
CHRIS [email protected] (P) 480.559.9775 (C) 480.559.9775
[email protected] (P) 602.885.8000 (C) 602.885.8000
The information contained herein is from sources believed to be reliable. While we do not doubt itsaccuracy, we have not verified it and make no guarantee, warranty or representation about it. ThePurchaser is advised to independently verify the accuracy and completeness of the information in orderto determine the suitability of the property for the Purchaser’s needs.
KLCommercialGroup.com
Fiesta Palms II Shopping Center2111 S. ALMA SCHOOL RD., MESA, AZ
ADDITIONAL PHOTOS
ARVLE KNIGHT, CCIM Senior Associate Broker
CHRIS [email protected] (P) 480.559.9775 (C) 480.559.9775
[email protected] (P) 602.885.8000 (C) 602.885.8000
The information contained herein is from sources believed to be reliable. While we do not doubt itsaccuracy, we have not verified it and make no guarantee, warranty or representation about it. ThePurchaser is advised to independently verify the accuracy and completeness of the information in orderto determine the suitability of the property for the Purchaser’s needs.
KLCommercialGroup.com
Fiesta Palms II Shopping Center2111 S. ALMA SCHOOL RD., MESA, AZ
LOCATION MAPS
ARVLE KNIGHT, CCIM Senior Associate Broker
CHRIS [email protected] (P) 480.559.9775 (C) 480.559.9775
[email protected] (P) 602.885.8000 (C) 602.885.8000
The information contained herein is from sources believed to be reliable. While we do not doubt itsaccuracy, we have not verified it and make no guarantee, warranty or representation about it. ThePurchaser is advised to independently verify the accuracy and completeness of the information in orderto determine the suitability of the property for the Purchaser’s needs.
KLCommercialGroup.com
POPULATION 1 MILE 3 MILES 5 MILES
Total population 14,290 140,328 396,824
Median age 33.3 31.9 31.6
Median age (Male) 30.4 30.9 30.6
Median age (Female) 35.8 32.9 32.5
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
Total households 5,755 54,875 149,111
# of persons per HH 2.5 2.6 2.7
Average HH income $66,734 $60,080 $64,305
Average house value $208,237 $201,005 $242,960
* Demographic data derived from 2010 US Census
Fiesta Palms II Shopping Center2111 S. ALMA SCHOOL RD., MESA, AZ
DEMOGRAPHICS MAP & REPORT