Move-In-Ready Medical Office
3654 N Power Rd Mesa, AZ 85215
3654 N Power Rd, Mesa, AZ, 85215
$900,000
For Sale
$900,000
Move-in-ready single-story medical office condo with a built-out chiropractic layout in a maintained professional offices complex.
Property Size2,500 SF
Price / SF$360
Days on Market13
Property Features for 3654 N Power Rd
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Property subtype
- Office
Building Details
- Year Built
- 2006
Listing agency
Cutler Commercial
(480) 529-6400
Listed by
James Lieberthal, SIOR · License #AZ #BR516852000
(480) 529-6400
Source
Cutlercommercial
Added: Jul 10 Updated: Jul 22 at 2:51AM Checked: Jul 22 at 2:51AM
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 Cutler Commercial
Investment Insights
Based on property information with market context.
This move-in-ready, single-story ±2,500 SF medical office condo is located within the Zahara Professional Offices complex. The space is fully built out with high-end improvements and features a highly functional layout currently used for a chiropractic practice. Parking is provided at a ratio of 5.63 per 1,000 SF.
The property is situated just off N Power Rd & E Thomas Rd, with a quick hop to Loop 202 Red Mountain Freeway and minutes from Red Mountain Gateway Shopping Center. The APN is 141-71-225. The condo is zoned C-2.
Offered for lease or purchase, the unit is suited for an owner-user or tenant looking for a turnkey medical office configuration within a professional office environment.
The property is situated just off N Power Rd & E Thomas Rd, with a quick hop to Loop 202 Red Mountain Freeway and minutes from Red Mountain Gateway Shopping Center. The APN is 141-71-225. The condo is zoned C-2.
Offered for lease or purchase, the unit is suited for an owner-user or tenant looking for a turnkey medical office configuration within a professional office environment.
Key Highlights
- Move‑in‑ready single‑story medical office condo built in 2006
- Fully built‑out chiropractic practice layout with high‑end improvements
- 2,500 SF medical office condo
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 | $72.3k | $28.92 |
| − Vacancy | −$15.2k | −$6.07 |
| EGI | $57.1k | $22.85 |
| − OpEx | −$14.3k | −$5.71 |
| NOI | $42.8k | $17.14 |
2,500 SF · lease $28.92/SF/yr · vacancy 21.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$612.0K
$535.5K – $714.0K
NOI $42,838 @ 7.0% cap · market cap 4.76%
Second Best
Healthcare Medical
$271.1K
$237.2K – $316.3K
NOI $18,977 @ 7.0% cap · market cap 2.11%
Theoretical Best
Office A
$685.3K
$599.6K – $799.5K
NOI $47,969 @ 7.0% cap · market cap 5.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Floor Coverings International ...
Carpet & Flooring Store
Kyle Harper: Allstate ...
Insurance Agency
Gates Insurance, Inc.
Insurance Agency
Shine Beauty Bar
Hair Salon
Hughes Development LLC
Construction Company
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FAQs
What type of property is this?
Medical Office Space - Move-in-ready single-story medical office condo with a built-out chiropractic layout in a maintained professional offices complex.
Where is this medical office space located?
The property is located at 3654 N Power Rd Mesa, AZ.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Move‑in‑ready single‑story medical office condo built in 2006; Fully built‑out chiropractic practice layout with high‑end improvements; 2,500 SF medical office condo
