Description
Cushman & Wakefield is pleased to present Stapley Square, a 100% occupied multi-tenant shopping center located in Mesa, Arizona. Encompassing approximately 24,568 square feet on 2.11 acres, this well-positioned property offers investors stable cash flow and long-term upside potential, priced below replacement cost with below-market rents. The center is further enhanced by its shadow-anchor tenancy from a new national fitness user, adding strength and synergy to the retail mix. Strategically located at the signalized intersection of University Drive and Stapley Drive, the property experiences excellent visibility and accessibility, with traffic counts of approximately 53,748 vehicles per day. Its prime position just 2.5 miles from U.S. 60, a major freeway with over 225,656 vehicles per day, ensures superior regional connectivity. The surrounding trade area is densely populated, featuring over 330,000 residents within a five-mile radius and average household incomes exceeding $100,000. This offering represents a rare opportunity to acquire a fully leased retail asset in a thriving Mesa submarket, supported by strong demographics, consistent traffic, and proven tenant stability. With a combination of secure income, below-market rents, and strategic location, Stapley Square provides investors with both immediate returns and long-term growth potential.
Listing Details
- Cap Rate
6%
- Tenancy
Multi
- Space Type
retail
- Sub Category
grocery-store
- Date Listed
10/7/2025
- Broker/Agent Co-op
Yes
- Investment Type
Net Lease
- Net Operating Income
$361,334
Property Specifics
- Property Name
425 N Stapley Dr
- No of Buildings
2
- No of Stories
1
- Year Built
1999
- Building Size
24,568 SF
- Lot Size
2.11 AC
- Year Renovated
2005
- APN
137-04-008 & 137-04-010
- Occupancy
100%



