Mesa Office Space For
3514 N Power Rd Mesa, AZ
For Sale
Contact for pricing
Office space in high demographic area, close to Falcon Field.
Property Size3,991 SF
Lot Size5.22 Acres
Price / SF$245
Days on Market601
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 Agency:
LevRose Commercial Real Estate
(602) 369-7127
Listed By:
Matt Leonard · License #BR544219000
(602) 369-7127
Source:
Moodyscre
Added: Dec 6, 2024
Changed: Jul 6
Last Checked: Jul 21 at 6:54AM
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 3,991-square-foot office space is located at the western entrance of the Las Sendas Residential Community. The property is situated in a high demographic area and offers building and monument signage opportunities. It is located minutes from Red Mountain Loop 202 and in close proximity to Falcon Field Airport in Mesa. The property includes 4 covered and reserved parking spaces. The owner will consider seller-carryback financing.
Key Highlights
- Located at the Western Entrance of the Las Sendas Residential Community
- Minutes to Red Mountain Loop 202
- Building & Monument Signage Available
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 |
3,991 SF · lease $28.92/SF/yr · vacancy 21.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$976.9K
$854.8K – $1.14M
NOI $68,386 @ 7.0% cap · market cap 6.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$957.2K – $1.28M
NOI $76,577 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Office space in high demographic area, close to Falcon Field.
Where is this office building located?
The property is located at 3514 N Power Rd Mesa, AZ.
What is the asking price?
The asking price for this property is $977,795.
What are key features of this property?
This property features: Located at the Western Entrance of the Las Sendas Residential Community; Minutes to Red Mountain Loop 202; Building & Monument Signage Available
