350-001 70-411 MB2-700 400-101 MB2-702 70-410 MB2-703 200-120 70-461 C_TADM51_731 70-462 EX300 VCP-550 70-480 C_TAW12_731 70-484 70-498 70-646 98-361 98-366 A30-327 C_BOE_30 C_TSCM42_66 C2010-597 C2020-632 C2020-701 C2020-703 C2040-408 C2040-988 C2070-581 C2150-195 C2160-667 C2180-274 C4040-226 C4090-453 CAS-001 CSSLP C-TERP10-60 E20-018 E20-918 JN0-360 MSC-321 P2080-088 PC0-001 PEGACSA-v6.2 3I0-012 500-051 640-875 640-916 642-427 642-647 642-691 650-663 700-037 70-247

8th Ave Shops – Food City & Family Dollar Anchored Shopping Center

Food City (Basha’s) and Family Dollar Anchored neighborhood shopping center located on 8th Avenue & Alma School in Mesa, AZ

  • Flagship Food City (Bashas’) location with Long term lease (11 years remaining)
  • Food City renovated the interior in 2016 (~ $750,000 investment)
  • Seller invested in repurposing two larger suites each into two smaller units with successful leasing execution. Significant CapEx on HVAC, electrical and finishes
  • Adjacent to the Fiesta District, the city of Mesa’s central hub for health care, advanced business, education, retail and financial services industries. Currently under ~$500M redevelopment
  • Close to Mesa Community College, one of the nations largest community colleges and Banner Desert Medical Center & Cardon Children’s Center, the East Valley’s largest hospitals with close to 3,500 employees

For more information, click  here

 

Date: January 11, 2018