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Remodeled Multi-Story School Building
For Lease
$19.95 SF/Yr

655 E University Dr, Mesa, AZ 85203

Fully furnished, remodeled multi-story school building with classroom build-out, multiple HVAC units, and restrooms on each floor.

Space Size25,821 SF
Days on Market59

Property Features for 655 E University Dr

General Information

Standard status Active
Size 25,821 SF
Property subtype Special Purpose
Lease Term NNN

Additional Details

Furnished Yes

Amenities

conference rooms
central air and heating
reception area
kitchenettes
restrooms on each floor
security system
drop ceilings
full school build out
large courtyard area
elevator
lounge/play room area
tech center
music room
mounted TVs

Building Details

Building Size 25,821 SF
Year Built 1990
Year Renovated 2019
Stories 3

Spaces For Lease

at 655 E University Dr Contact us

NW Building $19.95/SF/Yr

Size
25,821 SF
Term
36 - 60 months
Contact us
Listing Agency: LRA Real Estate Group, LLC
Listed By: Bryan Mortensen · License #AZ #648243000
Source: Lrarealestate
Added: Jun 24 Changed: Aug 14 Last Checked: Aug 21 at 4:23AM

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 LRA Real Estate Group, LLC

Investment Insights

Based on property information with market context.

This fully furnished, remodeled former school (college) building is ready for a new tenant. The building was remodeled in 2019 and includes furniture, fixtures, and equipment that can be used during the lease, such as chairs, desks, mounted TVs, kitchenettes, room partitions, and whiteboards. The three-floor layout features classrooms of multiple sizes arranged around a central hallway, with two bathrooms on each floor. Each room has its own HVAC unit(s). A basement level adds two additional bathrooms, a kitchenette overlooking a lounge/play room area, a tech center, and a large room suited for music classes, along with a central elevator serving the building.

The property is located on the NW corner of the City of Grace Church Campus. On-site improvements and features noted include conference room space in excellent condition, reception area, security system, drop ceilings, central air and heating, and a large courtyard area.

The interior is supported by a full school build-out with restroom service on every floor and flexible room configurations across the main levels and basement.

Key Highlights

  • Former school (college) building, built in 1990, with a full classroom build‑out across 3 floors
  • Remodeled in 2019 and move‑in ready with conference room space in excellent condition
  • Fully furnished with furniture, fixtures, and equipment included (chairs, desks, mounted TVs, room partitions, whiteboards, and kitchenettes)

Property Analytics

Current Use

Celebrate Recovery @ City ... Church City of Grace, Mesa ... Church

Suggested Use

Top Pick Real Estate Agency Storage Facility Building Supply Computer & Electronic Repair Pharmacy (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.99 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,087
Businesses Nearby

Demographics for 85203, AZ

37,962
Population
14,020
Households
2.7
Avg Household Size
33
Median Age
29%
College-Educated
91%
High-School Grad
9.3 sq mi
ZIP Area
4,082
Density / Sq Mi
$72,851
Median Household Income
$40,524
Median Earnings
$1,388
Median Rent
$388,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
School - Fully furnished, remodeled multi-story school building with classroom build-out, multiple HVAC units, and restrooms on each floor.
Where is this school located?
The property is located at 655 E University Dr Mesa, AZ.
What is the lease rate?
The lease rate is $19.95 SF/Yr.
What are key features of this property?
This property features: Former school (college) building, built in 1990, with a full classroom build‑out across 3 floors; Remodeled in 2019 and move‑in ready with conference room space in excellent condition; Fully furnished with furniture, fixtures, and equipment included (chairs, desks, mounted TVs, room partitions, whiteboards, and kitchenettes)
More about this property
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