Multi-Office Building with Conference
For Sale
$1,310,540
101-1012 S Stapley Dr, Mesa, AZ 85204
Well-maintained office building with private offices, conference rooms, and covered parking with frontage on Stapley Drive.
Property Size3,404 SF
Price / SF$385
Days on Market100
Property Features for 101-1012 S Stapley Dr
General Information
Standard status
Active
Size
3,404 SF
Total Parking Spaces
12
Additional Details
Business Included
Yes
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$5,724
Listing Agency:
American Realty Brokers
(602) 955-6606
Listed By:
Joanne Jaffa
(602) 697-1839
Source:
Exprealty
Added: Jul 7
Changed: Sep 15
Last Checked: Oct 13 at 12:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of American Realty Brokers
Investment Insights
Based on property information with market context.
This well-maintained commercial office building offers a flexible layout with 8 private offices and 2 conference rooms, including a floor-to-ceiling glass-enclosed conference room. The interior also includes a fully equipped kitchen/break room, supporting everyday office use. An existing tenant is in place under a lease, providing immediate rental income while leaving room for future occupancy.
The property is situated with frontage on busy Stapley Drive and provides quick access to the U.S. 60 freeway. Covered parking is available with 12 spaces for employees and visitors.
Overall, the building is designed to accommodate a variety of professional office users, supported by its private office configuration, multiple conference spaces, and on-site covered parking.
The property is situated with frontage on busy Stapley Drive and provides quick access to the U.S. 60 freeway. Covered parking is available with 12 spaces for employees and visitors.
Overall, the building is designed to accommodate a variety of professional office users, supported by its private office configuration, multiple conference spaces, and on-site covered parking.
Key Highlights
- Well‑maintained commercial office building with frontage on busy Stapley Drive
- Quick access to the U.S. 60 Freeway
- 8 private offices plus 2 conference rooms, including a floor‑to‑ceiling glass‑enclosed conference room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,969
Cap Rate
4.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,139,380
$1.1M
Cap Rate 7%
$813,843
$813.8K
Cap Rate 9%
$632,989
$633.0K
Market Conditions
NOI Build-Up for 3,404 SF
Gross rent
$94.4K $27.72/SF
− Vacancy
−$18.4K −$5.41/SF
EGI
$76.0K $22.31/SF
− OpEx
−$19.0K −$5.58/SF
NOI
$57.0K $16.74/SF
Area
ZIP 85204
Vacancy
19.50%
Lease Rate
$27.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,139,380
Cap Rate 7%
$813,843
Cap Rate 9%
$632,989
Alternative Uses
Best Use
Office B
$813.8K
$712.1K – $949.5K
NOI $56,969 @ 7.0% cap · market cap 4.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.13M
$989.0K – $1.32M
NOI $79,118 @ 7.0% cap · market cap 6.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
889
Businesses Nearby
Explore this area
Business Placement
Demographics for 85204, AZ
63,808
Population
24,536
Households
2.6
Avg Household Size
33
Median Age
20%
College-Educated
84%
High-School Grad
9.9 sq mi
ZIP Area
6,445
Density / Sq Mi
$69,474
Median Household Income
$40,347
Median Earnings
$1,426
Median Rent
$296,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Well-maintained office building with private offices, conference rooms, and covered parking with frontage on Stapley Drive.
Where is this office building located?
The property is located at 101-1012 S Stapley Dr Mesa, AZ.
What is the asking price?
The asking price for this property is $1,310,540.
What are key features of this property?
This property features: Well‑maintained commercial office building with frontage on busy Stapley Drive; Quick access to the U.S. 60 Freeway; 8 private offices plus 2 conference rooms, including a floor‑to‑ceiling glass‑enclosed conference room
