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    5555 E Baseline Rd Mesa, AZ 85206

    For Sale
    $4,779,323

    Modern medical office building in Mesa, fully leased.

    Property size:
    8,876 SF
    Lot size:
    2.03 Acres

    Property Features for 5555 E Baseline Rd

    General Information

    Size
    8,876 SF
    Lot size
    2.03 Acres

    Source: Commercial Properties Inc Agent Tyson Breinholt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mesa Medical Office Investment

    This property, built in 2019, is a single-tenant medical office building with an area of approximately 8,876 square feet, situated on a 2.02-acre site. The building features a reception area, waiting area, two nurses' stations, twenty exam rooms, two break rooms, six restrooms, two storage areas, and two IT rooms. There are 56 surface parking spaces, resulting in a parking ratio of 6.31 spaces per 1,000 square feet. The property is currently 100% leased with a lease commencing on April 1, 2024, and expiring on March 31, 2029. The current income is $310,660, which is $35 per square foot, with a cap rate of 6.5%. The tenant has three options to renew for five years each. The parcel number is 304-07-986.
    Insight Report Location Intelligence

    Current Use by Public Records

    Ms. Tina Jones Nurse Practitioner Reddy Gi Associates,PLLC Gastroenterologist Susan Goode Pediatric Gastroenterologist Jay Chouhan Gastroenterologist Dr. Tushar Gohel Gastroenterologist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Higley Groves Animal Hospital, Banfield Pet Hospital

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.7120622
    Latitude
    33.3774604

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    FAQs

    What type of property is this?
    Medical office - Modern medical office building in Mesa, fully leased.
    Where is this medical office located?
    The property is located at 5555 E Baseline Rd Mesa, AZ.
    What is the asking price?
    The asking price for this property is $4,779,323.
    What are key features of this property?
    This property features: - 100% Leased to a Single Tenant, providing stable income.; - Attractive 6.5% Cap Rate, indicating a strong return.; - Current Income of $310,660 ($35/SF), demonstrating solid revenue.
    (602) 315-7131
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    5555 E Baseline Rd Mesa, AZ 85206
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    Mesa, AZ 85206
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5555 E Baseline Rd Mesa, AZ 85206
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