Multi-Office
1012 S STAPLEY Drive 101, Mesa, AZ 85204
For Sale
New
$1,310,540
A flexible professional office layout includes private offices, meeting rooms, and a kitchen area.
Property Size3,404 SF
Days on Market7
Property Features for 1012 S STAPLEY Drive 101
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Highway Access
Road Access
Additional Details
Tenant in Place
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
American Realty Brokers
Listed By:
Joanne Jaffa
(602) 697-1839
Source:
Gillettegroupaz
Added: Nov 3
Changed: Nov 7
Last Checked: Nov 8 at 1:43PM
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
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Investment Insights
Based on property information with market context.
Built in 2003, this office property offers eight private offices and two conference rooms, including one enclosed with floor-to-ceiling glass. A kitchen and break area serve the workspace, and the floor plan supports a range of professional office configurations. The site includes 12 covered parking spaces.
The property fronts Stapley Drive and has quick access to the U.S. 60 Freeway.
The property fronts Stapley Drive and has quick access to the U.S. 60 Freeway.
Key Highlights
- Eight private offices and two conference rooms
- One conference room features floor‑to‑ceiling glass enclosure
- Kitchen and break area within the office
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
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
763
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
$296,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Mesa, AZ
Properties on Market for Office buildings in Mesa
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - A flexible professional office layout includes private offices, meeting rooms, and a kitchen area.
Where is this office building located?
The property is located at 1012 S STAPLEY Drive 101 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: Eight private offices and two conference rooms; One conference room features floor‑to‑ceiling glass enclosure; Kitchen and break area within the office
