Office/Medical Condo
101-6245 E Brown Rd Mesa, AZ 85201
For Sale
$1,430,000
Suite 101 is an office/medical condo with 33 parking spaces and monument signage on Brown Road.
Property Size7,562 SF
Price / SF$189.10
Days on Market115
Property Features for 101-6245 E Brown Rd
General Information
Standard status
Active
Size
7,562 SF
Listing Agency:
Cutler Commercial
(602) 955-3500
Listed By:
Jim M Lieberthal · License #BR516852000
(602) 955-3500
Source:
Exprealty
Added: Apr 6
Changed: Jul 28
Last Checked: Jul 28 at 2:04AM
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 Cutler Commercial
Investment Insights
Based on property information with market context.
Suite 101 offers approximately 7,562 SF of office/medical condo space in a building constructed in 2002. The unit is positioned as an owner-user opportunity and includes 33 parking spaces total, with 7 covered and 26 uncovered.
The property is located just east of the SEC of Recker and Brown Roads, with close proximity to Highway 60, I-87, and Loop 202. Monument signage is available on Brown Road, supporting visibility for a professional office use.
A condo plat is pending City of Mesa approval, with an estimated timeline of June 2026. The property is zoned OC, City of Mesa, and is listed for sale.
The property is located just east of the SEC of Recker and Brown Roads, with close proximity to Highway 60, I-87, and Loop 202. Monument signage is available on Brown Road, supporting visibility for a professional office use.
A condo plat is pending City of Mesa approval, with an estimated timeline of June 2026. The property is zoned OC, City of Mesa, and is listed for sale.
Key Highlights
- Suite 101 office/medical condo with ±7,562 SF
- 33 parking spaces total: 7 covered and 26 uncovered
- Monument signage on Brown Road
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $167.9k | $22.20 |
| − Vacancy | −$31.9k | −$4.22 |
| EGI | $136.0k | $17.98 |
| − OpEx | −$34.0k | −$4.50 |
| NOI | $102.0k | $13.49 |
7,562 SF · lease $22.20/SF/yr · vacancy 19.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.46M
$1.27M – $1.70M
NOI $101,985 @ 7.0% cap · market cap 7.13%
Second Best
Healthcare Medical
$1.45M
$1.27M – $1.70M
NOI $101,760 @ 7.0% cap · market cap 7.12%
Theoretical Best
Office A
$1.96M
$1.72M – $2.29M
NOI $137,205 @ 7.0% cap · market cap 9.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Suite 101 is an office/medical condo with 33 parking spaces and monument signage on Brown Road.
Where is this office units located?
The property is located at 101-6245 E Brown Rd Mesa, AZ.
What is the asking price?
The asking price for this property is $1,430,000.
What are key features of this property?
This property features: Suite 101 office/medical condo with ±7,562 SF; 33 parking spaces total: 7 covered and 26 uncovered; Monument signage on Brown Road
