Freestanding Office Building with
New
For Sale
Contact for pricing
6315 E Main St, Mesa, AZ 85205
Vacant space can be divided into suites, with LC zoning allowing office, medical, retail, and other commercial uses.
Property Size6,220 SF
Price / SF$273.31
Days on Market5
Property Features for 6315 E Main St
General Information
Standard status
Active
Size
6,220 SF
Property subtype
OFFICE
Zoning
LC
Additional Details
Property Use
Medical Office
Amenities
drive-thru
Building Details
Buildings
1
Listing Agency:
ORION Investment Real Estate
(480) 634-6934
Listed By:
Garrett Hemeyer · License #SA684184000
(480) 848-3168
Source:
Moodyscre
Added: Oct 21
Changed: Oct 23
Last Checked: Oct 24 at 4:55PM
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
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Investment Insights
Based on property information with market context.
This freestanding office property contains 6,220 square feet and is vacant. Its interior can be divided into multiple suites, and the site includes a drive-through, a large lot, and ample parking. LC zoning allows medical, retail, office, and other commercial uses.
The property occupies a hard corner at 6315 E Main St in Mesa. Banner Baywood Medical Center is less than 1/2 mile away.
The property occupies a hard corner at 6315 E Main St in Mesa. Banner Baywood Medical Center is less than 1/2 mile away.
Key Highlights
- 6,220‑square‑foot freestanding office building
- Vacant interior can be divided into multiple suites
- Drive‑through and ample on‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,580
Cap Rate
6.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,131,600
$2.1M
Cap Rate 7%
$1,522,571
$1.5M
Cap Rate 9%
$1,184,222
$1.2M
Market Conditions
NOI Build-Up for 6,220 SF
Gross rent
$179.9K $28.92/SF
− Vacancy
−$37.8K −$6.07/SF
EGI
$142.1K $22.85/SF
− OpEx
−$35.5K −$5.71/SF
NOI
$106.6K $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%
$2,131,600
Cap Rate 7%
$1,522,571
Cap Rate 9%
$1,184,222
Alternative Uses
Best Use
Office B
$1.52M
$1.33M – $1.78M
NOI $106,580 @ 7.0% cap · market cap 6.27%
Second Best
Healthcare Medical
$674.5K
$590.2K – $786.9K
NOI $47,215 @ 7.0% cap · market cap 2.78%
Theoretical Best
Office A
$1.70M
$1.49M – $1.99M
NOI $119,346 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,381
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 building - Vacant space can be divided into suites, with LC zoning allowing office, medical, retail, and other commercial uses.
Where is this office building located?
The property is located at 6315 E Main St Mesa, AZ.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 6,220‑square‑foot freestanding office building; Vacant interior can be divided into multiple suites; Drive‑through and ample on‑site parking
