Medical Office Condo
For Sale
$1,193,955
6638 E Baseline Rd Ste 101 102, Mesa, AZ 85206
Medical office condo featuring reception, multiple exam rooms, offices, and a break room.
Property Size2,877 SF
Days on Market143
Property Features for 6638 E Baseline Rd Ste 101 102
General Information
Standard status
Active
Size
2,877 SF
Class
B
Property subtype
Office
Building Details
Building Size
2,877 SF
Year Built
2006
Listing Agency:
Commercial Properties Inc
Listed By:
Tyson Breinholt · License #BR517298000
(602) 315-7131
Source:
Cpiaz
Added: Jun 3
Changed: Oct 1
Last Checked: Oct 20 at 6:43PM
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
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Investment Insights
Based on property information with market context.
This medical office condo suite is available for sale and includes a reception area, four offices, a bull pen, and a break room. The space is further supported by four exam rooms and two restrooms, making it well-suited for an organized clinical or professional workflow.
The property is located at 6638 E Baseline Rd, Ste 101 and 102 in Mesa, AZ 85206. The offering consists of a medical/office condo configuration with multiple interior rooms designed to support both patient-facing and staff workspace needs.
The property is located at 6638 E Baseline Rd, Ste 101 and 102 in Mesa, AZ 85206. The offering consists of a medical/office condo configuration with multiple interior rooms designed to support both patient-facing and staff workspace needs.
Key Highlights
- Medical/office condo built in 2006
- Reception area plus 4 offices
- Includes a bull pen and break room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,298
Cap Rate
4.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$985,960
$986.0K
Cap Rate 7%
$704,257
$704.3K
Cap Rate 9%
$547,756
$547.8K
Market Conditions
NOI Build-Up for 2,877 SF
Gross rent
$83.2K $28.92/SF
− Vacancy
−$17.5K −$6.07/SF
EGI
$65.7K $22.85/SF
− OpEx
−$16.4K −$5.71/SF
NOI
$49.3K $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%
$985,960
Cap Rate 7%
$704,257
Cap Rate 9%
$547,756
Alternative Uses
Best Use
Office B
$704.3K
$616.2K – $821.6K
NOI $49,298 @ 7.0% cap · market cap 4.13%
Second Best
Healthcare Medical
$312.0K
$273.0K – $364.0K
NOI $21,839 @ 7.0% cap · market cap 1.83%
Theoretical Best
Office A
$788.6K
$690.0K – $920.0K
NOI $55,202 @ 7.0% cap · market cap 4.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
36
Businesses Nearby
Balanced
Demand for This Use
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
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office condo featuring reception, multiple exam rooms, offices, and a break room.
Where is this medical office space located?
The property is located at 6638 E Baseline Rd Ste 101 102 Mesa, AZ.
What is the asking price?
The asking price for this property is $1,193,955.
What are key features of this property?
This property features: Medical/office condo built in 2006; Reception area plus 4 offices; Includes a bull pen and break room
