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Office Unit with Private Offices
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2509 S POWER Road 109, Mesa, AZ 85209

New construction offers private offices, a conference room, natural light, and a high-end break room.

Property Size30,898 SF
Price / SF$0.19
Days on Market50

Property Features for 2509 S POWER Road 109

General Information

Standard status Active
Size 30,898 SF
Net Rentable 1,885 SF
Class Class A
Property subtype Comm/industry Lease

Amenities

private offices
conference room
bullpen area
high-end break room
Listing Agency: AFFIRE, LLC
Listed By: Alex J Affas · License #BR670396000
Source: Nicolesecrest
Added: Sep 6 Changed: Oct 10 Last Checked: Oct 24 at 6:05PM

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 AFFIRE, LLC

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Investment Insights

Based on property information with market context.

Suite 109 at 2509 S Power Road is an 1,885 rentable-square-foot office unit under construction. The planned layout includes three enclosed offices, a conference room with window exposure, and an open bullpen area. Natural light reaches the private workspaces and meeting room, while the break room is designed with a waterfall island and under-cabinet lighting.

The Mesa property is positioned near Gilbert, Mesa, and Queen Creek, providing access to the surrounding East Valley communities. The combination of enclosed offices, collaborative workspace, meeting space, and upgraded break-room finishes creates a functional configuration for a professional office user.

Key Highlights

  • 1,885 rentable square feet of office space under construction
  • Three private offices plus a conference room
  • Natural light window exposure in offices and conference room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$517,107
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,342,140 $10.3M
Cap Rate 7%
$7,387,243 $7.4M
Cap Rate 9%
$5,745,633 $5.7M
Market Conditions
NOI Build-Up for 30,898 SF
Gross rent
$856.5K $27.72/SF
− Vacancy
−$167.0K −$5.41/SF
EGI
$689.5K $22.31/SF
− OpEx
−$172.4K −$5.58/SF
NOI
$517.1K $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 Rate 5%
$10,342,140
Cap Rate 7%
$7,387,243
Cap Rate 9%
$5,745,633

Alternative Uses

Best Use
Office B
$7.39M
$6.46M – $8.62M (±1% cap)
NOI $517,107 @ 7.0% cap · market cap 8,895.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.26M
$8.98M – $11.97M (±1% cap)
NOI $718,155 @ 7.0% cap · market cap 12,354.29%
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
Open Analytics

Current Use

Ally Home Hardware & Home Improvement Discount Payment Services Financial Advisor Infinite Healing Center Medical Clinic Wood Injury Law, ... Law Firm MAAT Legal Law Firm

Suggested Use

Top Pick Electrical Service Parking Lot & Garage Auto Parts Store HVAC Service Bakery Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

670
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - New construction offers private offices, a conference room, natural light, and a high-end break room.
Where is this office unit located?
The property is located at 2509 S POWER Road 109 Mesa, AZ.
What are key features of this property?
This property features: 1,885 rentable square feet of office space under construction; Three private offices plus a conference room; Natural light window exposure in offices and conference room
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