3514 N Power Rd, Mesa, AZ
Office space in high demographic area, close to Falcon Field.
- Added:
- Dec 6, 2024
- Days on Market:
- 555
- Last Refresh:
- May 20 at 8:24 pm
Property Features for 3514 N Power Rd
General Information
- Standard status
- Active
- Size
- 3,991 SF
- Lot size
- 5.22 Acres
- Property subtype
- OFFICE
Listing agent Matt Leonard (602) 369-7127
Listing office LevRose Commercial Real Estate (602) 369-7127
Listing date Dec 6, 2024
Source Moodyscre
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
HighLights
- Located at the Western Entrance of the Las Sendas Residential Community
- Minutes to Red Mountain Loop 202
- Building & Monument Signage Available
- 4 Covered/Reserved Parking Spaces
- High Demographic Area
- Close proximity to Falcon Field Airport in Mesa
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $115.4k | $28.92 |
| − Vacancy | −$24.2k | −$6.07 |
| EGI | $91.2k | $22.85 |
| − OpEx | −$22.8k | −$5.71 |
| NOI | $68.4k | $17.14 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Mesa
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.684
- Latitude
- 33.4804
