Second-Floor Office Condominium
For Sale
Contact for pricing
2500 S Power Rd Suite 225, Mesa, AZ 85209
Fully improved second-floor suite designed for a wide range of professional and medical office users.
Property Size3,600 SF
Price / SF$359.72
Days on Market73
Property Features for 2500 S Power Rd Suite 225
General Information
Standard status
Active
Size
3,600 SF
Class
B
Property subtype
Office
Zoning
C-O, GO
Lease Type
Gross
Investment Type
Sale/Leaseback
Building Details
Year Built
2002
Year Renovated
2010
Buildings
1
Stories
2
Units
4
Listing Agency:
Rise 24 Real Estate LLC
(480) 636-9896
Listed By:
Scott Lee · License #R2RE001
Source:
Crexi
Added: May 29
Changed: Aug 8
Last Checked: Aug 8 at 7:47AM
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 Rise 24 Real Estate LLC
Investment Insights
Based on property information with market context.
Suite 225 is a second-floor professional office condominium located within the Fairways at Superstition Springs Professional Plaza. The space is fully improved and immediately functional, supporting a broad range of office-oriented businesses.
The suite is situated in a professional plaza setting, with Suite 225 specifically identified for occupancy within the overall condominium building. As part of the plaza’s office condominiums, the layout is intended for professional use rather than retail or industrial purposes.
This suite should fit well for tenants seeking a turnkey, professional office environment. The existing improvements make it well-suited for financial services, insurance, technology, real estate, consulting, healthcare administration, legal, and engineering firms that need an operational office configuration from day one.
The suite is situated in a professional plaza setting, with Suite 225 specifically identified for occupancy within the overall condominium building. As part of the plaza’s office condominiums, the layout is intended for professional use rather than retail or industrial purposes.
This suite should fit well for tenants seeking a turnkey, professional office environment. The existing improvements make it well-suited for financial services, insurance, technology, real estate, consulting, healthcare administration, legal, and engineering firms that need an operational office configuration from day one.
Key Highlights
- 2002‑built professional office condominium in the Fairways at Superstition Springs Professional Plaza
- Suite 225 is a second‑floor unit
- Fully improved suite designed to be immediately functional for professional office use
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
$60,249
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
4.65%
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%
$1,204,980
$1.2M
Cap Rate 7%
$860,700
$860.7K
Cap Rate 9%
$669,433
$669.4K
Market Conditions
NOI Build-Up for 3,600 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
$99.8K $27.72/SF
− Vacancy
−$19.5K −$5.41/SF
EGI
$80.3K $22.31/SF
− OpEx
−$20.1K −$5.58/SF
NOI
$60.2K $16.74/SF
Area
ZIP 85209
Vacancy
19.50%
Lease Rate
$27.72 /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%
$1,204,980
Cap Rate 7%
$860,700
Cap Rate 9%
$669,433
Alternative Uses
Best Use
Office B
$860.7K
$753.1K – $1.00M
NOI $60,249 @ 7.0% cap · market cap 4.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.20M
$1.05M – $1.39M
NOI $83,674 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
414
Businesses Nearby
Explore this area
Business Placement
Demographics for 85209, AZ
44,192
Population
21,921
Households
2
Avg Household Size
44
Median Age
33%
College-Educated
93%
High-School Grad
11.8 sq mi
ZIP Area
3,745
Density / Sq Mi
$80,498
Median Household Income
$46,682
Median Earnings
$1,798
Median Rent
$363,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Fully improved second-floor suite designed for a wide range of professional and medical office users.
Where is this office units located?
The property is located at 2500 S Power Rd Suite 225 Mesa, AZ.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 2002‑built professional office condominium in the Fairways at Superstition Springs Professional Plaza; Suite 225 is a second‑floor unit; Fully improved suite designed to be immediately functional for professional office use
