Freestanding Warehouse on 5.8
For Sale
Contact for pricing
5400 E McDowell Rd, Mesa, AZ 85215
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 Market1302
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) 735-5555
Listed By:
Mike Parker
(602) 614-7877
Source:
Moodyscre
Added: Apr 6, 2023
Changed: Oct 26
Last Checked: Oct 28 at 9:27AM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$648,358
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,967,160
$13.0M
Cap Rate 7%
$9,262,257
$9.3M
Cap Rate 9%
$7,203,978
$7.2M
Market Conditions
NOI Build-Up for 53,645 SF
Gross rent
$817.5K $15.24/SF
− Vacancy
−$54.8K −$1.02/SF
EGI
$762.8K $14.22/SF
− OpEx
−$114.4K −$2.13/SF
NOI
$648.4K $12.09/SF
Area
Mesa, AZ
Vacancy
6.70%
Lease Rate
$15.24 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,967,160
Cap Rate 7%
$9,262,257
Cap Rate 9%
$7,203,978
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
145
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 85215, AZ
16,461
Population
9,146
Households
1.8
Avg Household Size
56
Median Age
36%
College-Educated
96%
High-School Grad
82.8 sq mi
ZIP Area
199
Density / Sq Mi
$90,310
Median Household Income
$55,687
Median Earnings
$1,755
Median Rent
$398,400
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Red Mountain Self Storage & RV — 5612 E McDowell Rd, Mesa, AZ 85215
- Public Storage — 5910 E McDowell Rd, Mesa, AZ 85215
Frequently Asked Questions
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
