Move-in-Ready Medical Office
143-3654 N Power Rd Mesa, AZ 85206
For Sale
$900,000
Single-story medical office condo in C-2 zoning within the Zahara Professional Offices complex.
Property Size2,500 SF
Price / SF$360
Days on Market23
Property Features for 143-3654 N Power Rd
General Information
Standard status
Active
Size
2,500 SF
Listing Agency:
Cutler Commercial
(602) 955-3500
Listed By:
Jim M Lieberthal · License #BR516852000
(602) 955-3500
Source:
Exprealty
Added: Jul 8
Changed: Jul 30
Last Checked: Jul 30 at 6:40AM
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.
Move-in-ready, single-story medical office condo offering 2,500 SF and a fully built-out interior with high-end improvements. The space features a highly functional layout currently used for a chiropractic practice, with the improvements in place to support day-to-day operations.
The condo is located in the Zahara Professional Offices complex near the intersection of N Power Rd and E Thomas Rd, just off the corridor for easy access to Loop 202 Red Mountain Freeway. The property is minutes from Red Mountain Gateway Shopping Center.
Parking is supported by a 5.63/1,000 SF parking ratio and includes two (2) covered reserve parking spaces, helping patients and staff find close-in parking options. The property is zoned C-2.
The condo is located in the Zahara Professional Offices complex near the intersection of N Power Rd and E Thomas Rd, just off the corridor for easy access to Loop 202 Red Mountain Freeway. The property is minutes from Red Mountain Gateway Shopping Center.
Parking is supported by a 5.63/1,000 SF parking ratio and includes two (2) covered reserve parking spaces, helping patients and staff find close-in parking options. The property is zoned C-2.
Key Highlights
- 2,500 SF single‑story medical office condo
- Fully built‑out with high‑end improvements
- Layout currently used for a chiropractic practice
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 authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Adobe Veterinary Clinic — 6454 E Main St, Mesa, AZ 85205
- Crown UrgentVet — 140 S Power Rd, Mesa, AZ 85206
Frequently Asked Questions
What type of property is this?
Medical Office Space - Single-story medical office condo in C-2 zoning within the Zahara Professional Offices complex.
Where is this medical office space located?
The property is located at 143-3654 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: 2,500 SF single‑story medical office condo; Fully built‑out with high‑end improvements; Layout currently used for a chiropractic practice
