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Medical Office Condo

6142 E Brown Rd Mesa, AZ 85205

6142 E Brown Rd, Mesa, AZ, 85205
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For Sale
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±3,600 SF medical office condo in an established medical corridor, with monument and building signage available.

Property Size3,600 SF
Price / SF$305
Days on Market63

Property Features for 6142 E Brown Rd

General Information

Standard status
Active
Size
3,600 SF
Property subtype
OFFICE
Listing agency ORION Investment Real Estate
Listed by Michael Douglas · License #SA668345000
Source Moodyscre
Added: May 21 Updated: Jul 22 at 3:42AM Checked: Jul 22 at 3:42AM

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 ORION Investment Real Estate


Investment Insights

Based on property information with market context.

±3,600 SF medical office condo with a functional medical layout. There is also an additional ±1,800 SF space available for lease or owner-use. The property includes monument and building signage, and it also benefits from existing income from an adjacent medical tenant.

Located in an established medical corridor, the offering includes parking at a 5.51 per 1,000 SF ratio. This configuration supports medical and dental uses for both owner-occupants and tenants.

As presented, the property is suited to medical office uses, with a layout designed for practical clinical operations.

Key Highlights

  • 3,600 SF medical office condo in an established medical corridor
  • 1,800 SF available for lease or owner‑use
  • Monument and building signage available

Local 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 $104.1k $28.92
− Vacancy −$21.9k −$6.07
EGI $82.2k $22.85
− OpEx −$20.6k −$5.71
NOI $61.7k $17.14
3,600 SF · lease $28.92/SF/yr · vacancy 21.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$881.2K
$771.1K – $1.03M (±1% cap)
NOI $61,686 @ 7.0% cap · market cap 5.62%
Second Best
Healthcare Medical
$390.4K
$341.6K – $455.5K (±1% cap)
NOI $27,327 @ 7.0% cap · market cap 2.49%
Theoretical Best
Office A
$986.8K
$863.4K – $1.15M (±1% cap)
NOI $69,075 @ 7.0% cap · market cap 6.29%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Banner Children's - Banner ... Medical Clinic Farha Nighat Khan, ... Pediatrician Leigh Costanzo Pediatrician Kojasteh M Ghaziaskar, ... Pediatrician Dr. Mark L. ... Physician

Suggested Use

Law Firm Hair Salon Nail Salon Daycare Center Building Supply HVAC Service Kitchen & Bath Showroom Computer & Electronic Repair (Bike/Boat/Book/etc) Store Food Market

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Alta Mesa Animal Hospital — 6704 E Brown Rd, Mesa, AZ 85205

FAQs

What type of property is this?
Medical Office Space - ±3,600 SF medical office condo in an established medical corridor, with monument and building signage available.
Where is this medical office space located?
The property is located at 6142 E Brown Rd Mesa, AZ.
What is the asking price?
The asking price for this property is $1,098,000.
What are key features of this property?
This property features: 3,600 SF medical office condo in an established medical corridor; 1,800 SF available for lease or owner‑use; Monument and building signage available
Contact an agent
(480) 772-8870 Call to check price and availability
More about this property
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