Renovated Freestanding Office
For Sale
$899,000
606 N Stapley Drive, Mesa, AZ 85203
Two-story office layout with private offices, collaborative workspace, conference facilities, kitchen, coffee bar, and dedicated reception.
Property Size2,644 SF
Price / SF$340.02
Days on Market56
Property Features for 606 N Stapley Drive
General Information
Standard status
Active
Size
2,644 SF
Property subtype
Commercial
Zoning
CO
Taxes and HOA fees
Annual Taxes
$3,732
Building Details
Building Size
2,644 SF
Year Built
1978
Year Renovated
2022
Buildings
1
Stories
2
Listing Agency:
Brokers Hub Realty, LLC
(480) 620-8075
Listed By:
Nicholas Yale · License #BR517934000
(480) 620-8075
Source:
Aznewhorizonrealty
Added: Jun 10
Changed: Aug 3
Last Checked: Aug 4 at 12:46PM
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 Brokers Hub Realty, LLC
Investment Insights
Based on property information with market context.
This freestanding office building at 606 N Stapley Drive in Mesa offers 2644 SF across two stories. Renovated in 2022, the property includes 9 private offices, 2 workstations in a shared great room, reception, and a conference room equipped with a stone table and technology that convey with the sale. The layout also provides a main-floor kitchen, second-floor coffee bar, 3 restrooms, and 3 entrances.
The building occupies the corner of Stapley and 6th St and is zoned CO. Its configuration is designed for professional office use and may also accommodate some medical uses. The 1978 construction has been updated while retaining a practical two-story arrangement for office operations and meeting space.
The building occupies the corner of Stapley and 6th St and is zoned CO. Its configuration is designed for professional office use and may also accommodate some medical uses. The 1978 construction has been updated while retaining a practical two-story arrangement for office operations and meeting space.
Key Highlights
- 2644 SF freestanding office building at 606 N Stapley Drive, Mesa, AZ 85203
- Renovated in 2022
- 9 private offices plus 2 workstations in the great room
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 | $76.5k | $28.92 |
| − Vacancy | −$16.1k | −$6.07 |
| EGI | $60.4k | $22.85 |
| − OpEx | −$15.1k | −$5.71 |
| NOI | $45.3k | $17.14 |
2,644 SF · lease $28.92/SF/yr · vacancy 21.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$647.2K
$566.3K – $755.1K
NOI $45,305 @ 7.0% cap · market cap 5.04%
Second Best
Healthcare Medical
$286.7K
$250.9K – $334.5K
NOI $20,070 @ 7.0% cap · market cap 2.23%
Theoretical Best
Office A
$724.7K
$634.2K – $845.5K
NOI $50,732 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
621
Businesses Nearby
Explore this area
Business Placement
Demographics for 85203, AZ
37,962
Population
14,020
Households
2.7
Avg Household Size
33
Median Age
29%
College-Educated
91%
High-School Grad
9.3 sq mi
ZIP Area
4,082
Density / Sq Mi
$72,851
Median Household Income
$40,524
Median Earnings
$1,388
Median Rent
$388,300
Median Home Value
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 - Two-story office layout with private offices, collaborative workspace, conference facilities, kitchen, coffee bar, and dedicated reception.
Where is this office building located?
The property is located at 606 N Stapley Drive Mesa, AZ.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 2644 SF freestanding office building at 606 N Stapley Drive, Mesa, AZ 85203; Renovated in 2022; 9 private offices plus 2 workstations in the great room
