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CANNON BEACH (Industrial/Flex) 4551 S Power Rd 15,000 - 57,000 SF of Office Space Available in Mesa, AZ 85212
HIGHLIGHTS
- Superb visibility along Loop 202 Santan Freeway & Power Road that sees a combined traffic count of over 80,000 VPD
- ASU Polytechnic Campus with +/- 4,500 students
- +/- 75,000 residents with Median HH Income of +/- $95,000 within 3 miles
- Phoenix-Mesa Gateway Airport with 3 commercial airlines & home to 40+ companies
- SkyBridge Arizona: International air cargo hub with joint USA-Mexico Customs Inspection Center
- Close to communities of Eastmark, Morrison Ranch, Cadence by Gateway & Cooley Station
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 15,000-57,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor
Construction to commence in approximately two months!
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT CANNON BEACH (INDUSTRIAL/FLEX)
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- KTR (Kids That Rip)
- Arts, Entertainment, and Recreation
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| KTR (Kids That Rip) | Arts, Entertainment, and Recreation | - | - |
PROPERTY FACTS
| Total Space Available | 57,000 SF | Gross Leasable Area | 57,000 SF |
| Min. Divisible | 15,000 SF | Year Built | 2024 |
| Property Type | Retail |
| Total Space Available | 57,000 SF |
| Min. Divisible | 15,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 57,000 SF |
| Year Built | 2024 |
ABOUT THE PROPERTY
Welcome to Cannon Beach (https://cannonbeachaz.com/) located at the southeast corner of Power Road and Warner Road on the front door to Mesa just north of Loop 202. Cannon Beach is located in the heart of all of the future development on the border of Gilbert and Mesa and will service a vast market of consumers. The mixed-use project will offer office, hospitality, residential, retail, industrial assets and more! Cannon Beach will also be anchored by Revel Surf Park (www.revelsurf.com) a premier surf park resort geared toward creating a surf and beach life experience for surfers of all ages and abilities. The entertainment venue will yield a fun, interactive, community driven environment for young kids, families, adults and everything in between. The property will also service one of the southeast valley’s most affluent customers bases found within the master planned communities of Morrison Ranch, Cooley Station and Eastmark. Demographic snap shot (5-mile radius): • Total annual spending $7.8 Billion • Total annual retail spending $3.68 Billion • $1.14 Billion in meals and beverage spending • $452.77 M in entertainment spending • 251,164 Population • 88,780 Households • $135,691 Average HH Income • $1,491/month per household– consumer spending on meals and entertainment alone • $1.59 Billion combined annual spending on food and beverages and entertainment alone With thousands of residential units underway around Cannon Beach the density in close proximity will see significant influx in the next 18 months as a value add to the existing customer pool! With a combined daily traffic count in excess of 190,000 vehicles per day Cannon Beach’s exposure in the marketplace is situated for exciting growth! Key Entertainment and Destination Drivers to the Corridor: • ASU polytechnic campus – over 5,000 students – plans underway to expand university that would triple the student population • Phoenix- Mesa Gateway Airport – over 1M passengers traveling through each year – with a major expansion of the airport underway we imagine that the employment base along will double • Mesa Elliot Technology Park – 174 AC master planned business park that will bring thousands of job to the corridor (http://www.mesaelliottechnologypark.com) • Legacy Sports USA – 320 AC sports facility – that will by far be the largest in the valley drawing professional athletes, families, and students (https://www.legacysportsusa.com/) • Five miles from “SanTan” – largest retail corridor in the southeast valley There is approximately 15,000 to 57,000 SF of industrial/flex/commercial space remaining (overall gross SF = 122,771) for lease next to the 35,000 SF Kids That Rip.
- Signage
NEARBY MAJOR RETAILERS
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CANNON BEACH (Industrial/Flex) | 4551 S Power Rd
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