Office Suite with Golf Course
For Sale
Contact for pricing
2500 S Power Rd, Mesa, AZ 85234
Office property with abundant on-site parking and easy access, positioned near US 60.
Property Size3,740 SF
Price / SF$220
Days on Market69
Property Features for 2500 S Power Rd
General Information
Standard status
Active
Size
3,740 SF
Property subtype
OFFICE
Listing Agency:
LevRose Commercial Real Estate
(480) 947-0600
Listed By:
Greg Vanlerberghe · License #SA536903000
(602) 410-1562
Source:
Moodyscre
Added: Jul 6
Changed: Aug 14
Last Checked: Sep 12 at 8:49AM
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 LevRose Commercial Real Estate
Investment Insights
Based on property information with market context.
This office suite offers an upscale buildout with additional space toward the rear, backing to Superstition Golf Course. The property is configured for office use and includes parking throughout the lot.
Access is described as easy, and the site is located less than 2 miles south of US 60. The combination of on-site parking and the rear golf course setting may support a range of office-oriented tenant needs.
The building is presented for sale as a commercial office asset totaling 3,740 square feet.
Access is described as easy, and the site is located less than 2 miles south of US 60. The combination of on-site parking and the rear golf course setting may support a range of office-oriented tenant needs.
The building is presented for sale as a commercial office asset totaling 3,740 square feet.
Key Highlights
- Office property with easy access
- Abundant on‑site parking throughout the lot
- Located less than 2 miles south of US 60
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$64,085
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,281,700
$1.3M
Cap Rate 7%
$915,500
$915.5K
Cap Rate 9%
$712,056
$712.1K
Market Conditions
NOI Build-Up for 3,740 SF
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.
Gross rent
$108.2K $28.92/SF
− Vacancy
−$22.7K −$6.07/SF
EGI
$85.4K $22.85/SF
− OpEx
−$21.4K −$5.71/SF
NOI
$64.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,281,700
Cap Rate 7%
$915,500
Cap Rate 9%
$712,056
Alternative Uses
Best Use
Office B
$915.5K
$801.1K – $1.07M
NOI $64,085 @ 7.0% cap · market cap 7.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$897.0K – $1.20M
NOI $71,761 @ 7.0% cap · market cap 8.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
414
Businesses Nearby
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Business Placement
Demographics for 85234, AZ
51,051
Population
17,488
Households
2.9
Avg Household Size
36
Median Age
46%
College-Educated
96%
High-School Grad
11.9 sq mi
ZIP Area
4,290
Density / Sq Mi
$118,012
Median Household Income
$54,080
Median Earnings
$1,971
Median Rent
$488,600
Median Home Value
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Office property with abundant on-site parking and easy access, positioned near US 60.
Where is this office building located?
The property is located at 2500 S Power Rd Mesa, AZ.
What is the asking price?
The asking price for this property is $822,800.
What are key features of this property?
This property features: Office property with easy access; Abundant on‑site parking throughout the lot; Located less than 2 miles south of US 60
