Mesa Manufacturing Building For
333 S Nina Dr, Mesa, AZ
For Sale
Contact for pricing
10,960 SF manufacturing building with heavy power, easy freeway access.
Property Size10,960 SF
Lot Size0.43 Acres
Price / SF$255.47
Days on Market919
Property Features for 333 S Nina Dr
General Information
Standard status
Size
Lot size
Property subtype
Listing Agency:
Kidder Mathews | Phoenix
(602) 513-5200
Listed By:
Kent Hanson · License AZ SA544383000
(602) 622-8584
Source:
Moodyscre
Added: May 10, 2024
Changed: Nov 12
Last Checked: Nov 12 at 10:23AM
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 Kidder Mathews | Phoenix
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A manufacturing building with approximately 10,960 square feet of space is available for purchase in Mesa, Arizona. The property features heavy power capabilities. The location provides convenient access to multiple freeways.
Key Highlights
- ±10,960 SF Manufacturing Building
- Heavy Power Capability
- Located in Mesa
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$109,088
Cap Rate
3.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,181,760
$2.2M
Cap Rate 7%
$1,558,400
$1.6M
Cap Rate 9%
$1,212,089
$1.2M
Market Conditions
NOI Build-Up for 10,960 SF
Gross rent
$167.0K $15.24/SF
− Vacancy
−$11.2K −$1.02/SF
EGI
$155.8K $14.22/SF
− OpEx
−$46.8K −$4.27/SF
NOI
$109.1K $9.95/SF
Area
Mesa, AZ
Vacancy
6.70%
Lease Rate
$15.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,181,760
Cap Rate 7%
$1,558,400
Cap Rate 9%
$1,212,089
Alternative Uses
Best Use
Industrial
$1.56M
$1.36M – $1.82M
NOI $109,088 @ 7.0% cap · market cap 3.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.00M
$2.63M – $3.50M
NOI $210,295 @ 7.0% cap · market cap 7.51%
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
Location Intelligence
Trade Area within ½ mile
1,108
Businesses Nearby
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Manufacturing properties in Maricopa County
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Manufacturing property - 10,960 SF manufacturing building with heavy power, easy freeway access.
Where is this manufacturing property located?
The property is located at 333 S Nina Dr Mesa, AZ.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: ±10,960 SF Manufacturing Building; Heavy Power Capability; Located in Mesa
