Modern East Valley Office
For Sale
$4,527,556
5555 E Baseline Rd, Mesa, AZ 85206
Modern 8,876 SF office building in Mesa, Arizona's East Valley.
Property Size8,876 SF
Price / SF$510.09
Days on Market253
Property Features for 5555 E Baseline Rd
General Information
Standard status
Active
Size
8,876 SF
Property subtype
Office
Building Details
Building Size
8,876 SF
Year Built
2019
Listing Agency:
Commercial Properties Inc
Listed By:
Tyson Breinholt · License #BR517298000
(602) 315-7131
Source:
Cpiaz
Added: Jan 26
Changed: Oct 3
Last Checked: Oct 5 at 4:26PM
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
Investment Insights
Based on property information with market context.
Located in the East Valley area of Mesa, AZ, this office building at 5555 E Baseline Rd offers an investment opportunity. Constructed in 2019, the property features a thoughtfully designed 8,876 SF building with commercial zoning, suitable for various business ventures. The building includes modern amenities and a strategic location. The area surrounding the property offers a blend of amenities and attractions, with convenient access to retail centers, dining options, and recreational facilities. The property's proximity to landmarks such as Superstition Springs Center, Golfland SunSplash, and the Mesa Arts Center contributes to the area's appeal. The building offers ample space for various office configurations, high-quality construction and finishes, and a versatile layout to accommodate diverse office setups. It also provides convenient access to major transportation routes.
Key Highlights
- Modern 8,876 SF office building constructed in 2019.
- Strategically located in the thriving East Valley market of Mesa, AZ.
- Commercial zoning offers a versatile space for various business ventures.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$152,091
Cap Rate
3.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,041,820
$3.0M
Cap Rate 7%
$2,172,729
$2.2M
Cap Rate 9%
$1,689,900
$1.7M
Market Conditions
NOI Build-Up for 8,876 SF
Gross rent
$256.7K $28.92/SF
− Vacancy
−$53.9K −$6.07/SF
EGI
$202.8K $22.85/SF
− OpEx
−$50.7K −$5.71/SF
NOI
$152.1K $17.14/SF
Area
Mesa, AZ
Vacancy
21.00%
Lease Rate
$28.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,041,820
Cap Rate 7%
$2,172,729
Cap Rate 9%
$1,689,900
Alternative Uses
Best Use
Office B
$2.17M
$1.90M – $2.53M
NOI $152,091 @ 7.0% cap · market cap 3.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.43M
$2.13M – $2.84M
NOI $170,308 @ 7.0% cap · market cap 3.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
723
Businesses Nearby
Explore this area
Business Placement
Demographics for 85206, AZ
36,713
Population
19,078
Households
1.9
Avg Household Size
48
Median Age
34%
College-Educated
92%
High-School Grad
9.4 sq mi
ZIP Area
3,906
Density / Sq Mi
$69,986
Median Household Income
$45,422
Median Earnings
$1,717
Median Rent
$322,600
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Modern 8,876 SF office building in Mesa, Arizona's East Valley.
Where is this office building located?
The property is located at 5555 E Baseline Rd Mesa, AZ.
What is the asking price?
The asking price for this property is $4,527,556.
What are key features of this property?
This property features: Modern 8,876 SF office building constructed in 2019.; Strategically located in the thriving East Valley market of Mesa, AZ.; Commercial zoning offers a versatile space for various business ventures.
