Modern East Valley Office
5555 E Baseline Rd Mesa, AZ 85206
5555 E Baseline Rd, Mesa, AZ, 85206
$4,438,000
For Sale
$4,438,000
Modern 8,876 SF office building in Mesa, Arizona's East Valley.
Property Size8,876 SF
Price / SF$500
Days on Market175
Property Features for 5555 E Baseline Rd
General Information
- Standard status
- Active
- Size
- 8,876 SF
- Property subtype
- Office
Building Details
- Year Built
- 2019
Listing Agency
Commercial Properties Inc Tempe
(602) 315-7131
Listed by
Tyson Breinholt · License #BR517298000
(602) 315-7131
Source
Cpiaz
Added: Jan 26 Updated: Jul 6 at 9:25 am Checked: Jul 20 at 3:00 am
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 Tempe
Investment Insights
Based on property information with market context.
Located in the East Valley area of Mesa, AZ, this office building at 5555 E Baseline Rd offers an investment opportunity. Constructed in 2019, the property features a thoughtfully designed 8,876 SF building with commercial zoning, suitable for various business ventures. The building includes modern amenities and a strategic location. The area surrounding the property offers a blend of amenities and attractions, with convenient access to retail centers, dining options, and recreational facilities. The property's proximity to landmarks such as Superstition Springs Center, Golfland SunSplash, and the Mesa Arts Center contributes to the area's appeal. The building offers ample space for various office configurations, high-quality construction and finishes, and a versatile layout to accommodate diverse office setups. It also provides convenient access to major transportation routes.
Key Highlights
- Modern 8,876 SF office building constructed in 2019.
- Strategically located in the thriving East Valley market of Mesa, AZ.
- Commercial zoning offers a versatile space for various business ventures.
Local 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 | $256.7k | $28.92 |
| − Vacancy | −$53.9k | −$6.07 |
| EGI | $202.8k | $22.85 |
| − OpEx | −$50.7k | −$5.71 |
| NOI | $152.1k | $17.14 |
8,876 SF · lease $28.92/SF/yr · vacancy 21.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.17M
$1.90M – $2.53M
NOI $152,091 @ 7.0% cap · market cap 3.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.43M
$2.13M – $2.84M
NOI $170,308 @ 7.0% cap · market cap 3.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Ms. Tina Jones
Physician
Reddy Gi Associates,PLLC
Physician
Susan Goode
Pediatrician
Jay Chouhan
Physician
Dr. Tushar Gohel
Physician
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FAQs
What type of property is this?
Office building - Modern 8,876 SF office building in Mesa, Arizona's East Valley.
Where is this office building located?
The property is located at 5555 E Baseline Rd Mesa, AZ.
What is the asking price?
The asking price for this property is $4,438,000.
What are key features of this property?
This property features: Modern 8,876 SF office building constructed in 2019.; Strategically located in the thriving East Valley market of Mesa, AZ.; Commercial zoning offers a versatile space for various business ventures.
