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Main & Lindsay Retail Center

2840 E Main St, Mesa, AZ 85213, United States

Main & Lindsay Retail Center

Cushman & Wakefield’s Retail Investment Advisors, as exclusive advisors, is pleased to present the opportunity to acquire Main & Lindsay Retail Center (the “Property”), a 127,775 square foot multi-tenant shopping center featuring Ross Dress for Less, Big Lots, and Goodwill as anchors, located at the northeast corner of Lindsay Road and Main Street in Mesa, Arizona.

Access Data Room
Property Type
Retail
Deal Type
Acquisition
Risk Profile

Main & Lindsay Retail Center is situated on approximately 11.87 acres of land and is located in a densely populated, infill location of the southeast valley. The Property is currently 97.4% leased to a diverse internet resistant tenant roster led by Ross Dress for Less, Big Lots, and Goodwill along with several other national retailers. The Property is leased to 95.5% national credit tenants including Cash America Super Pawn, Oak Street Health (recently acquired by CVS) and Kids Empire.

 

Offering Highlights

  • Dense Infill Southeast Valley Location
  • Immediate Upside Potential through 3,381 SF of Lease Up
  • Recent Major Renovations (all new facades)
  • 95.5% National Credit Tenant Roster
  • Priced Below Replacement Cost

The Property has excellent visibility providing seven access points to the over 40,000 vehicles that pass on Main Street and Lindsay Road daily. The Property is located in one of the densest areas of the entire Valley with over 6,650 people per square mile within 1 mile of the property.