Large Office
For Sale
Contact for pricing
202 N Lindsay Road 201, Mesa, AZ 85213
Configured with executive offices, conference rooms, reception, bullpen areas, and substantial storage.
Property Size16,491 SF
Price / SF$0.20
Days on Market94
Property Features for 202 N Lindsay Road 201
General Information
Standard status
Active
Size
16,491 SF
Property subtype
Comm/industry Lease
Additional Details
Highway Access
Yes
Listing Agency:
RAN Realty & Property Management
(480) 844-0600
Listed By:
Thomas E. Rizen · License #BR006348000
(602) 999-7340
Source:
Thegouldgroupaz
Added: Jul 24
Changed: Oct 6
Last Checked: Oct 24 at 6:14PM
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 RAN Realty & Property Management
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Investment Insights
Based on property information with market context.
This 16,491-square-foot office suite is arranged for a multi-office operation, with a reception area, two bullpen areas, five executive offices, two additional offices, and two conference rooms. The layout also includes an extra-large office or conference room and extensive storage capacity.
The property is located at 202 N Lindsay Road, 201, in Mesa, with access between US 60 and 202 near Red Mountain. The existing configuration provides a mix of private offices, collaborative work areas, meeting space, and administrative support areas within one large suite.
The property is located at 202 N Lindsay Road, 201, in Mesa, with access between US 60 and 202 near Red Mountain. The existing configuration provides a mix of private offices, collaborative work areas, meeting space, and administrative support areas within one large suite.
Key Highlights
- 16,491‑square‑foot office suite
- Five executive offices and two regular offices
- Two bullpen areas plus reception area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$282,575
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,651,500
$5.7M
Cap Rate 7%
$4,036,786
$4.0M
Cap Rate 9%
$3,139,722
$3.1M
Market Conditions
NOI Build-Up for 16,491 SF
Gross rent
$476.9K $28.92/SF
− Vacancy
−$100.2K −$6.07/SF
EGI
$376.8K $22.85/SF
− OpEx
−$94.2K −$5.71/SF
NOI
$282.6K $17.14/SF
Area
Mesa, AZ
Vacancy
21.00%
Lease Rate
$28.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,651,500
Cap Rate 7%
$4,036,786
Cap Rate 9%
$3,139,722
Alternative Uses
Best Use
Office B
$4.04M
$3.53M – $4.71M
NOI $282,575 @ 7.0% cap · market cap 8,710.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.52M
$3.96M – $5.27M
NOI $316,421 @ 7.0% cap · market cap 9,754.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
545
Businesses Nearby
Explore this area
Business Placement
Demographics for 85213, AZ
36,572
Population
15,468
Households
2.4
Avg Household Size
39
Median Age
39%
College-Educated
96%
High-School Grad
9.2 sq mi
ZIP Area
3,975
Density / Sq Mi
$100,671
Median Household Income
$49,759
Median Earnings
$1,640
Median Rent
$407,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Configured with executive offices, conference rooms, reception, bullpen areas, and substantial storage.
Where is this office unit located?
The property is located at 202 N Lindsay Road 201 Mesa, AZ.
What are key features of this property?
This property features: 16,491‑square‑foot office suite; Five executive offices and two regular offices; Two bullpen areas plus reception area
