College Plaza

For Sale

1840 W Southern Ave, Mesa, AZ 85202

This Mesa property for sale is located at 1840 W Southern Ave. The current listed sale price for College Plaza is $3,000,000. College Plaza is situated on a lot that is 1.26 acre in size.

Contacts

broker
BILL CLARKSON, CCIM

Realty Executives Commercial

Property Details

  • Property Type Retail - Strip
  • Property Size 16,200 SF
  • Lot Size 1.26 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1976
  • Date Updated May 16, 2025
This location is incredible. Directly north of Mesa Community College with 29,000 enrollment, the largest of the 10 colleges in Maricopa County. Just east of the Banner Desert Medical Center medical campus at the southeast corner of Dobson and Southern on 80 acres, 313,671 square feet complex with 615 licensed beds recently underwent a $45 million modernization project enhancing infrastructure and amenities. Approximately 1/2 mile east of the subject property is the previous Fiesta Mall now called Fiesta Redefined. The 80 acre project has been approved for up to 4,000 housing units, 1.85 million square feet of commercial and retail space. Over 500,000 square feet of open space, designed to be pedestrian- and bike-friendly and a mix of office spaces, restaurants, and recreational amenities. Easy access to freeways, approximatley 1 mile south to US 60 and 2 miles west to Loop 101.16,200 Sq. Ft. Retail Strip Center on 1.26 Acres, Across from Mesa Community College, long term stable tenants, 80% occupied Strong potential to increase income by 20%. Parking lot recently resealed, striped, & landscape updated.
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Highlights

  • Exceptional Mesa Location across from Mesa Community College
  • 16,200 SF building
  • 1.26 Acres
  • 5 long term stable tenants
  • 80% occupancy
  • 20% leasing potential upside
  • Rents below market rates average $14 NNN
  • Built in 1976
  • Roof replaced in 2018
  • Recently resealed & striped parking lot
  • Landscaping recently upgraded
  • Zoned LC
  • 102 parking spaces 6.30 spaces/1000
  • Masonry construction

Getting around

  • 68/100

    Walk Score ®

  • 43/100

    Transit Score ®

  • 72/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Mesa, AZ
  • Neighborhood Powell Estates
  • Zip Code 85202
  • Market Phoenix

Points of Interest

  • Union Cab Company

    1.07 miles

  • Sycamore/ Main St

    1.47 miles

  • Alma School/ Main St

    1.73 miles

  • Price-101 Fwy/ Apache Blvd

    1.77 miles

  • American Liberty Transportation

    1.80 miles

  • Smith-Martin/ Apache Blvd

    2.26 miles

  • Country Club/ Main St

    2.36 miles

  • McClintock/ Apache Blvd

    2.59 miles

  • Center/ Main St

    2.76 miles

  • Dorsey/ Apache Blvd

    3.03 miles

  • Blink

    0.09 miles

  • Circle K

    0.26 miles

  • The Mesa Tower

    0.84 miles

  • Shell

    0.97 miles

  • QuikTrip

    1.04 miles

  • Tesla Destination Charger

    1.07 miles

  • Arco

    1.21 miles

  • Chevron

    1.23 miles

  • In The Zone X

    1.27 miles

  • ChargePoint

    1.71 miles

  • Visitor Parking

    0.09 miles

  • Employee Parking Lot B

    0.12 miles

  • Northwest Parking Lot

    0.20 miles

  • East Parking Lot

    0.23 miles

  • Purple 3

    0.30 miles

  • Purple 1

    0.35 miles

  • Red 2

    0.35 miles

  • Red 1

    0.37 miles

  • Purple 2

    0.37 miles

  • Subway

    0.01 miles

  • Nhật Phở

    0.03 miles

  • Pita Jungle

    0.05 miles

  • Jack in the Box

    0.08 miles

  • La Casa De Juana

    0.10 miles

  • Meño’s Place Taco Shop

    0.11 miles

  • Jimmy John's

    0.12 miles

  • Jersey Mike's Subs

    0.12 miles

  • Golden Hawaiian BBQ

    0.13 miles

  • Asiana Kitchen

    0.13 miles

  • Asiana Market

    0.12 miles

  • Target

    0.37 miles

  • Korea Mart

    0.46 miles

  • American Discount Foods

    0.56 miles

  • Food City

    0.82 miles

  • Big Lots

    0.87 miles

  • Carniceria Murrieta's

    0.93 miles

  • Baiz Fresh Foods

    0.99 miles

  • AZ International Marketplace

    1.06 miles

  • Smart Buy

    1.07 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
BILL CLARKSON, CCIM

Realty Executives Commercial

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