Freestanding Flex
For Sale
$3,250,000
1101 W GUADALUPE Road, Mesa, AZ 85210
Freestanding commercial building offering versatile flex/warehouse space totaling 12,039 square feet on 0.87 acres.
Property Size12,039 SF
Lot Size0.87 Acres
Price / SF$270.83
Days on Market107
Property Features for 1101 W GUADALUPE Road
General Information
Standard status
Active
Size
12,039 SF
Lot size
0.87 Acres
Property subtype
COMMERCIAL
Taxes and HOA fees
Annual Taxes
$11,708
Building Details
Building Size
12,039 SF
Year Built
1987
Listing Agency:
Bellagio Real Estate
Listed By:
Chengyan Xie · License #BR637767000
(480) 287-0180
Source:
Jcluxuryresidential
Added: May 30
Changed: Sep 12
Last Checked: Sep 12 at 10:34AM
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 Bellagio Real Estate
Investment Insights
Based on property information with market context.
This freestanding commercial property is offered for sale and includes a well-maintained building with versatile flex/warehouse space totaling 12,039 square feet. The site is approximately 0.87 acres, providing room for operations associated with a flexible commercial layout.
The property is located at 1101 W Guadalupe Road in Mesa, AZ 85210. Public remarks note high visibility and strong accessibility along a high-traffic corridor.
With its freestanding configuration and adaptable commercial space, the property is positioned for a range of owner-user and investment uses, subject to applicable zoning and tenant/investor requirements.
The property is located at 1101 W Guadalupe Road in Mesa, AZ 85210. Public remarks note high visibility and strong accessibility along a high-traffic corridor.
With its freestanding configuration and adaptable commercial space, the property is positioned for a range of owner-user and investment uses, subject to applicable zoning and tenant/investor requirements.
Key Highlights
- Freestanding commercial building built in 1987
- Total building size: 12,039 SF with versatile flex/warehouse space
- Set on approximately 0.87 acres
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$145,033
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,900,660
$2.9M
Cap Rate 7%
$2,071,900
$2.1M
Cap Rate 9%
$1,611,478
$1.6M
Market Conditions
NOI Build-Up for 12,000 SF
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.
Gross rent
$182.9K $15.24/SF
− Vacancy
−$12.3K −$1.02/SF
EGI
$170.6K $14.22/SF
− OpEx
−$25.6K −$2.13/SF
NOI
$145.0K $12.09/SF
Area
Mesa, AZ
Vacancy
6.70%
Lease Rate
$15.24 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,900,660
Cap Rate 7%
$2,071,900
Cap Rate 9%
$1,611,478
Alternative Uses
Best Use
Warehouse
$2.07M
$1.81M – $2.42M
NOI $145,033 @ 7.0% cap · market cap 4.46%
Second Best
Industrial
$1.71M
$1.49M – $1.99M
NOI $119,439 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$3.29M
$2.88M – $3.84M
NOI $230,250 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
415
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85210, AZ
40,351
Population
16,292
Households
2.5
Avg Household Size
32
Median Age
25%
College-Educated
84%
High-School Grad
6.7 sq mi
ZIP Area
6,023
Density / Sq Mi
$59,680
Median Household Income
$38,479
Median Earnings
$1,383
Median Rent
$301,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Freestanding commercial building offering versatile flex/warehouse space totaling 12,039 square feet on 0.87 acres.
Where is this flex space located?
The property is located at 1101 W GUADALUPE Road Mesa, AZ.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Freestanding commercial building built in 1987; Total building size: 12,039 SF with versatile flex/warehouse space; Set on approximately 0.87 acres
