Veterinary Clinic
1721 E University Dr Mesa, AZ 85203
1721 E University Dr, Mesa, AZ, 85203
Contact for pricing
For Sale
Contact for pricing
Plug-and-play veterinary clinic with multiple exam rooms, on-site indoor kennels, and dual-lobby patient flow.
Property Size1,860 SF
Lot Size0.16 Acres
Price / SF$255.38
Days on Market73
Property Features for 1721 E University Dr
General Information
- Standard status
- Active
- Size
- 1,860 SF
- Lot size
- 0.16 Acres
- Property subtype
- Special Purpose
Listing agency
The Menlo Group Commercial Real Estate LLC
(480) 659-1777
Listed by
Stuart Milne · License #AZ SA634760000
Source
Crexi
Added: May 12 Updated: Jul 22 at 8:16PM Checked: Jul 22 at 8:16PM
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 The Menlo Group Commercial Real Estate LLC
Investment Insights
Based on property information with market context.
This veterinary owner/user building is available for sale as a plug-and-play clinic, with a full clinical build-out that includes multiple exam rooms and a specialty surgical room. The design features a dual-lobby animal patient flow with separate lobbies for dogs and cats. On-site indoor kennels are supported by durable block-wall construction, with hose bib and drainage for boarding or recovery.
The property sits on a large lot with dedicated parking for staff and clients and benefits from high-exposure frontage along busy University Dr. The listing also notes prominent on-site monument signage and an over 20,000 VPD traffic count, with close proximity to US 60 and Loop 202.
Reported recent capital improvements include a new roof in 2026, two new units installed in 2025, and one unit from 2014, with all units recently serviced.
The property sits on a large lot with dedicated parking for staff and clients and benefits from high-exposure frontage along busy University Dr. The listing also notes prominent on-site monument signage and an over 20,000 VPD traffic count, with close proximity to US 60 and Loop 202.
Reported recent capital improvements include a new roof in 2026, two new units installed in 2025, and one unit from 2014, with all units recently serviced.
Key Highlights
- Plug‑and‑play veterinary clinic at 1721 E University Dr, Mesa, AZ 85203, with full clinical build‑out and multiple exam rooms
- Dual‑lobby patient flow with separate lobbies for dogs and cats
- Includes a specialty surgical room and on‑site indoor kennels with durable block‑wall construction
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 | $53.8k | $28.92 |
| − Vacancy | −$11.3k | −$6.07 |
| EGI | $42.5k | $22.85 |
| − OpEx | −$10.6k | −$5.71 |
| NOI | $31.9k | $17.14 |
1,860 SF · lease $28.92/SF/yr · vacancy 21.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$455.3K
$398.4K – $531.2K
NOI $31,871 @ 7.0% cap · market cap 6.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$509.8K
$446.1K – $594.8K
NOI $35,689 @ 7.0% cap · market cap 7.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Paws Veterinary Clinic
Veterinary Clinic
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Plug-and-play veterinary clinic with multiple exam rooms, on-site indoor kennels, and dual-lobby patient flow.
Where is this office units located?
The property is located at 1721 E University Dr Mesa, AZ.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Plug‑and‑play veterinary clinic at 1721 E University Dr, Mesa, AZ 85203, with full clinical build‑out and multiple exam rooms; Dual‑lobby patient flow with separate lobbies for dogs and cats; Includes a specialty surgical room and on‑site indoor kennels with durable block‑wall construction
