Freestanding Warehouse on 5.8
5400 E McDowell Rd Mesa, AZ 85215
For Sale
Contact for pricing
Freestanding warehouse totaling 53,645 square feet on 5.8 acres, offered for sale or lease.
Property Size53,645 SF
Lot Size5.80 Acres
Price / SF$300.12
Days on Market1208
Property Features for 5400 E McDowell Rd
General Information
- Standard status
- Active
- Size
- 53,645 SF
- Lot size
- 5.80 Acres
- Property subtype
- INDUSTRIAL
Listing Agency:
CBRE | Phoenix
(602) 614-7877
Listed By:
Mike Parker
(602) 614-7877
Source:
Moodyscre
Added: Apr 6, 2023
Changed: Jul 25
Last Checked: Jul 26 at 12:12PM
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 CBRE | Phoenix
Investment Insights
Based on property information with market context.
This freestanding warehouse building offers a total of 53,645 square feet and is available for sale or lease. The property sits on 5.8 acres, providing room for yard and operational space.
The asset is located at 5400 E McDowell Rd in Mesa, Arizona.
The asset is located at 5400 E McDowell Rd in Mesa, Arizona.
Key Highlights
- Freestanding warehouse totaling 53,645 SF
- Set on 5.8 acres
- Available for sale or lease
Financial Insights For Warehouse
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 | $817.5k | $15.24 |
| − Vacancy | −$54.8k | −$1.02 |
| EGI | $762.8k | $14.22 |
| − OpEx | −$114.4k | −$2.13 |
| NOI | $648.4k | $12.09 |
53,645 SF · lease $15.24/SF/yr · vacancy 6.70% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$9.26M
$8.10M – $10.81M
NOI $648,358 @ 7.0% cap · market cap 4.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$14.70M
$12.87M – $17.16M
NOI $1,029,315 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
Similar Off Market Nearby
- Public Storage — 5910 E McDowell Rd, Mesa, AZ 85215
- Red Mountain Self Storage & RV — 5612 E McDowell Rd, Mesa, AZ 85215
FAQs
What type of property is this?
Warehouse - Freestanding warehouse totaling 53,645 square feet on 5.8 acres, offered for sale or lease.
Where is this warehouse located?
The property is located at 5400 E McDowell Rd Mesa, AZ.
What is the asking price?
The asking price for this property is $16,100,000.
What are key features of this property?
This property features: Freestanding warehouse totaling 53,645 SF; Set on 5.8 acres; Available for sale or lease
