Flex Space with Office
441 S Robson, Mesa, AZ 85210
For Sale
Contact for pricing
C-3-zoned flex space includes reception, private offices, conference, break-room, and restroom areas.
Property Size24,000 SF
Price / SF$145.83
Days on Market109
Property Features for 441 S Robson
General Information
Standard status
Size
Property subtype
Zoning
Warehouse & Industrial
Clear Height
Power
Additional Details
Utilities to Site
Amenities
reception
conference room
break room
restrooms
mezzanine
Building Details
Year Built
Listing Agency:
Commercial Properties Inc.
Listed By:
Paul Woods · License #568117000
(480) 966-2301
Source:
Crexi
Added: Jul 24
Changed: Oct 29
Last Checked: Nov 8 at 6:38AM
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 Commercial Properties Inc.
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Investment Insights
Based on property information with market context.
This 24,000-square-foot flex property in Mesa includes a dedicated office component of ±2,000 SF, representing 22% of the building. The office layout provides reception, four offices, a conference room, break room, two restrooms, and a mezzanine. The property also features 400 AMP electrical service and 16-foot clear height.
Built in 1950, the building is located at 441 S Robson in Mesa, Arizona and carries C-3 zoning. Its combination of office improvements, mezzanine space, electrical capacity, and clear height supports a range of flex-oriented commercial applications.
Built in 1950, the building is located at 441 S Robson in Mesa, Arizona and carries C-3 zoning. Its combination of office improvements, mezzanine space, electrical capacity, and clear height supports a range of flex-oriented commercial applications.
Key Highlights
- 24,000 SF flex property with ±2,000 SF of office area
- Office component accounts for 22% of the building
- Reception, 4 offices, conference room, and break room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$290,066
Cap Rate
8.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,801,320
$5.8M
Cap Rate 7%
$4,143,800
$4.1M
Cap Rate 9%
$3,222,956
$3.2M
Market Conditions
NOI Build-Up for 24,000 SF
Gross rent
$365.8K $15.24/SF
− Vacancy
−$24.5K −$1.02/SF
EGI
$341.3K $14.22/SF
− OpEx
−$51.2K −$2.13/SF
NOI
$290.1K $12.09/SF
Area
Mesa, AZ
Vacancy
6.70%
Lease Rate
$15.24 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,801,320
Cap Rate 7%
$4,143,800
Cap Rate 9%
$3,222,956
Alternative Uses
Best Use
Office B
$5.87M
$5.14M – $6.85M
NOI $411,242 @ 7.0% cap · market cap 11.75%
Second Best
Warehouse
$4.14M
$3.63M – $4.83M
NOI $290,066 @ 7.0% cap · market cap 8.29%
Theoretical Best
Office A
$6.58M
$5.76M – $7.68M
NOI $460,500 @ 7.0% cap · market cap 13.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
16 ft
Clear height
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,675
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85210, AZ
40,351
Population
16,292
Households
2.5
Avg Household Size
32
Median Age
25%
College-Educated
84%
High-School Grad
6.7 sq mi
ZIP Area
6,023
Density / Sq Mi
$59,680
Median Household Income
$38,479
Median Earnings
$1,383
Median Rent
$301,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Flex space in Mesa
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- bravo zulu — 550 W 2nd Ave, Mesa, AZ 85210
- NG's AFRICAN KITCHEN — 944 W Main St, Mesa, AZ 85201
Frequently Asked Questions
What type of property is this?
Flex space - C-3-zoned flex space includes reception, private offices, conference, break-room, and restroom areas.
Where is this flex space located?
The property is located at 441 S Robson Mesa, AZ.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 24,000 SF flex property with ±2,000 SF of office area; Office component accounts for 22% of the building; Reception, 4 offices, conference room, and break room
