Street-Front Office
For Sale
Contact for pricing
6065 E UNIVERSITY Drive B, Mesa, AZ 85205
Street-facing office unit with owner-supported remodeling available for discussion.
Property Size3,090 SF
Price / SF$0.38
Days on Market55
Property Features for 6065 E UNIVERSITY Drive B
General Information
Standard status
Active
Size
3,090 SF
Property subtype
Comm/industry Lease
Listing Agency:
EPL Realty Group, LLC
(480) 831-1731
Listed By:
Alex J Thomas
(480) 420-6679
Source:
Nicolesecrest
Added: Sep 7
Changed: Oct 26
Last Checked: Oct 30 at 2:27PM
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 EPL Realty Group, LLC
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Investment Insights
Based on property information with market context.
This office unit comprises 3,090 in stated property size and presents directly along a street frontage. The ownership is willing to consider remodeling, with the scope and terms to be discussed.
The property is located at 6065 E UNIVERSITY Drive, B, Mesa, AZ 85205.
The property is located at 6065 E UNIVERSITY Drive, B, Mesa, AZ 85205.
Key Highlights
- Street‑front office unit
- 3,090 stated property size
- Owner willing to consider remodeling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,947
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,058,940
$1.1M
Cap Rate 7%
$756,386
$756.4K
Cap Rate 9%
$588,300
$588.3K
Market Conditions
NOI Build-Up for 3,090 SF
Gross rent
$89.4K $28.92/SF
− Vacancy
−$18.8K −$6.07/SF
EGI
$70.6K $22.85/SF
− OpEx
−$17.6K −$5.71/SF
NOI
$52.9K $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%
$1,058,940
Cap Rate 7%
$756,386
Cap Rate 9%
$588,300
Alternative Uses
Best Use
Office B
$756.4K
$661.8K – $882.5K
NOI $52,947 @ 7.0% cap · market cap 4,506.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$847.0K
$741.1K – $988.2K
NOI $59,289 @ 7.0% cap · market cap 5,045.87%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
566
Businesses Nearby
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Business Placement
Demographics for 85205, AZ
44,137
Population
23,473
Households
1.9
Avg Household Size
48
Median Age
30%
College-Educated
94%
High-School Grad
10.1 sq mi
ZIP Area
4,370
Density / Sq Mi
$71,294
Median Household Income
$46,378
Median Earnings
$1,363
Median Rent
$301,200
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Street-facing office unit with owner-supported remodeling available for discussion.
Where is this office unit located?
The property is located at 6065 E UNIVERSITY Drive B Mesa, AZ.
What are key features of this property?
This property features: Street‑front office unit; 3,090 stated property size; Owner willing to consider remodeling
