---
title: "Shops at Royal Palms, Mesa For Sale | PCA"
url: "https://newphoenixcommercialadvisors.com/properties/shops-at-royal-palms-mesa/"
description: "Shops at Royal Palms (Stapley Dr & McKellips Rd | SEC): Neighborhood Center for sale in Mesa, AZ. 34,229 SF. $9,999,500."
publisher: "Phoenix Commercial Advisors"
generated: "11/10/2026"
---

# Shops at Royal Palms (For Sale)

Neighborhood Center for sale in Mesa, AZ 85203.

## Public facts

- Status: Available
- Record last edited: 11/10/2026
- Tenancy: Multi-tenant
- Traffic: ±26,686 VPD on McKellips Rd
- Trade area (radius 1 mile, 3 miles, 5 miles): Population, 1 mile 13,285; Population, 3 miles 102,613; Population, 5 miles 243,773; Households, 1 mile 4,804; Households, 3 miles 37,318; Households, 5 miles 91,170; Average household income, 1 mile $129,300; Average household income, 3 miles $109,734; Average household income, 5 miles $98,981

- Cross streets: Stapley Dr & McKellips Rd | SEC
- Address: 1855 North Stapley Drive, Mesa, AZ 85203
- Coordinates: 33.4491133, -111.8044591
- Price: $9,999,500
- Building Size: 34,229 SF
- Property Type: Neighborhood Center
- Site facts: Property type Retail · Neighborhood Center
- Nearby, straight-line miles: Loop 202 1.1 mi; SR-87 2.1 mi; Mesa Riverview 4.1 mi; Tempe Marketplace 5.9 mi
- Investment sale (income-producing retail): yes; PCA investment sales team, led by Chad Tiedeman
- Cap rate (as published): 6.27%
- NOI: $626,755
- Description: Shops at Royal Palms | 6.27 Cap | 34,229 SF | 100% Leased
- About the location: Shops at Royal Palms is located along Stapley Drive; situated on the east side; just south of McKellips Road.
- Highlights: Shops at Royal Palms is a dynamic retail center in the north Mesa submarket, shadow-anchored by a high-performing Fry’s Marketplace that ranks in the top 10% of Arizona locations by traffic volume (Placer.ai) | 100% leased to cohesive roster of internet resistant, service-oriented tenants, including Anytime Fitness, Chaffee Pediatric Dentistry, Fyzical Therapy, Daisy Nails and more | Property features a freestanding single-tenant medical building occupied by a deeply rooted medical practice, offering diverse income streams and potential future break-up value | Future upside from rent growth: 5 of 9 tenants have either fair market value options or no options | Annual contractual rent increases for all tenants provide future rent growth and built-in inflation protection | Strong traffic draw from a high-demand tenant: Shadow anchored to the only Fry’s Marketplace north of Main Street in Mesa; the center attracts excellent traffic from the entire North Mesa submarket and beyond | Highly trafficked intersection that boasts over 72,000 vehicles per day | Situated in a dense residential pocket, with both multi-family (nearly 43,000 units within 5 miles) and single-family residences (over 100,000 units within 5 miles) surrounding the property | Other traffic-drawing tenants in the center include Fry’s, Chipotle, O’Reilly, CVS, Taco Bell, T-Mobile and more | Affluent demographics: Average HH income of over $129,000 within a 1-mile radius | Highly populated trade area: Nearly 244,000 residents within 5 miles of the center offer a stable and established customer base for daily needs
- Brokers: Isaiah Clayton (602-342-9931); Danny Gardiner (602-385-1328); Chad Tiedeman (602-288-3472)
- Offering memorandum, rent roll and financials: on request via the form at https://newphoenixcommercialadvisors.com/properties/shops-at-royal-palms-mesa/#om (qualified buyers)
- Photo: https://newphoenixcommercialadvisors.com/assets/img/listings/2461547-1-1200.webp
- Listing ID: 2461547 (source: PCA listing system, updated 11/10/2026)

Contact Phoenix Commercial Advisors, 602-957-9800, marketing@pcaemail.com.

The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy. All information should be verified prior to purchase. The broker and/or agent recommends Buyers independently verify every item of information to buyer's full satisfaction.