Updated Day Care
For Sale
Contact for pricing
1130 South San Jose, Mesa, AZ 85202
Former daycare facility presented for daycare, office, or medical use in Mesa’s established residential and retail area.
Property Size2,476 SF
Price / SF$387.72
Days on Market85
Property Features for 1130 South San Jose
General Information
Standard status
Active
Size
2,476 SF
Property subtype
Office
Investment Type
Owner/User
Listing Agency:
Commercial Properties Inc.
Listed By:
Eric Butler · License #AZ BR515583000
(480) 522-2813
Source:
Crexi
Added: Jul 29
Changed: Oct 18
Last Checked: Oct 20 at 9:08PM
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 Commercial Properties Inc.
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Investment Insights
Based on property information with market context.
This updated commercial property was formerly operated as a daycare center and is presented for renewed daycare use. The source information also identifies office and medical applications, giving the building a flexible positioning within the specialty-property category.
Located at 1130 South San Jose in Mesa, the property sits directly across from Banner Desert Medical Center/Hospital. A new Starbucks is located two buildings away, while nearby residential and retail corridors add surrounding commercial context. The property is within Maricopa County and offers a compact setting for an operator seeking proximity to medical, residential, and retail activity.
Located at 1130 South San Jose in Mesa, the property sits directly across from Banner Desert Medical Center/Hospital. A new Starbucks is located two buildings away, while nearby residential and retail corridors add surrounding commercial context. The property is within Maricopa County and offers a compact setting for an operator seeking proximity to medical, residential, and retail activity.
Key Highlights
- Fully updated former daycare facility
- Daycare use identified as immediately available
- Office and medical applications also identified
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,427
Cap Rate
4.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$848,540
$848.5K
Cap Rate 7%
$606,100
$606.1K
Cap Rate 9%
$471,411
$471.4K
Market Conditions
NOI Build-Up for 2,476 SF
Gross rent
$71.6K $28.92/SF
− Vacancy
−$15.0K −$6.07/SF
EGI
$56.6K $22.85/SF
− OpEx
−$14.1K −$5.71/SF
NOI
$42.4K $17.14/SF
Area
Mesa, AZ
Vacancy
21.00%
Lease Rate
$28.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$848,540
Cap Rate 7%
$606,100
Cap Rate 9%
$471,411
Alternative Uses
Best Use
Office B
$606.1K
$530.3K – $707.1K
NOI $42,427 @ 7.0% cap · market cap 4.42%
Second Best
Healthcare Medical
$268.5K
$234.9K – $313.3K
NOI $18,795 @ 7.0% cap · market cap 1.96%
Theoretical Best
Office A
$678.7K
$593.9K – $791.8K
NOI $47,508 @ 7.0% cap · market cap 4.95%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,542
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 85202, AZ
39,626
Population
18,077
Households
2.2
Avg Household Size
34
Median Age
34%
College-Educated
91%
High-School Grad
6.2 sq mi
ZIP Area
6,391
Density / Sq Mi
$66,582
Median Household Income
$42,083
Median Earnings
$1,431
Median Rent
$334,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Zona's — 2150 W Isthmus Loop, Mesa, AZ 85202
- Evelyn H. Warren Child Development Lab Child Care — 1833 W Southern Ave, Mesa, AZ 85202
- Calvary Chapel of Tri City — 2334 E Southern Ave, Tempe, AZ 85282
- Stride Psychological Services — 2600 E Southern Ave # C3, Tempe, AZ 85282
- Calvary Christian Preschool & Daycare — 2334 E Southern Ave, Tempe, AZ 85282
Frequently Asked Questions
What type of property is this?
Day care center - Former daycare facility presented for daycare, office, or medical use in Mesa’s established residential and retail area.
Where is this day care center located?
The property is located at 1130 South San Jose Mesa, AZ.
What is the asking price?
The asking price for this property is $960,000.
What are key features of this property?
This property features: Fully updated former daycare facility; Daycare use identified as immediately available; Office and medical applications also identified
