344 S Power Rd, Mesa, AZ, 85206-5219, US

Cooper Village

Asset description

JLL is pleased to present Cooper Village (the "Property" or "Site"), a 103,411-square-foot (9.84 AC) shopping center situated in a prime infill location in Mesa, Arizona. The offering comprises a 100% vacant shopping center located at the busy intersection of South Power Road (35,000 VPD) and East Broadway Road (9,000 VPD). The Site is adjacent to the highly trafficked Banner Baywood Medical Center, which provides comprehensive acute care services in a 342-bed hospital and features a 50,000-square-foot Emergency Department. The Banner Baywood Medical Center is ranked in the top 1% of hospitals in Arizona based on the number of visits. This high performing medical facility serves as a significant anchor for the surrounding area, driving consistent foot traffic and creating a steady stream of potential customers for nearby businesses.

...

Attributes

Building area net

103,411 sf

Year built

1986

Land area net

9.84 acres

Zoning

Limited Commercial (LC)

Media

Investment highlights

The Property is adjacent to Banner Baywood Medical Center, a well-established healthcare facility that has served the growing East Valley for over 30 years. This 342-bed acute care hospital features a 50,000 SF emergency department, offering advanced treatment areas for a wide range of ailments. Additionally, the Property is conveniently located just 2.6 miles from the 202-freeway to the east and 1.5 miles from the US- 60 freeway to the south, which sees approximately 100,000 vehicles per day, ensuring excellent visibility and accessibility for tenants and visitors alike.
Situated in one of Maricopa County's major job centers, attracting a diverse pool of talent from across the region. The influx of technology and healthcare companies have brought in population density contributing to strong buying power in the region.
The property is located in Mesa's desirable submarket, known for its high quality of life. Its dense infill location benefits from a population of nearly 300,000 residents within a 5-mile radius. The area also has a strong daytime population of about 260,000 in the same radius, contributing to the center's prime position.