High-End Office Condo with
For Sale
Contact for pricing
7165 E University Dr, Mesa, AZ 85207
High-end office condo offering private offices, conference room, reception area, and an ADA restroom, plus two covered parking spaces.
Property Size1,722 SF
Price / SF$289.20
Days on Market138
Property Features for 7165 E University Dr
General Information
Standard status
Active
Size
1,722 SF
Total Parking Spaces
2
Property subtype
OFFICE
Additional Details
Sprinkler System
Yes
Amenities
Cox Data Available to Building
Existing Bay Alarm
Professionally Managed Association
Listing Agency:
SVN | Desert Commercial Advisors
(623) 556-6420
Listed By:
Jonathan Levy · License #SA648012000
(623) 556-6420
Source:
Moodyscre
Added: Mar 17
Changed: Jul 28
Last Checked: Jul 31 at 1:28PM
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 SVN | Desert Commercial Advisors
Investment Insights
Based on property information with market context.
This ±1,722 SF high-end office condo is configured with four private offices, a conference room, a reception area, and an ADA restroom. The space includes sprinkler protection and features two points of entry, supporting straightforward access for day-to-day operations.
The unit is served by Cox data (building availability) and includes an existing bay alarm, with a new contract required. Two covered reserved parking spaces are provided, and the furniture is negotiable. The property is professionally managed through a managed association.
The condo offers a polished office layout suited to tenant teams that need multiple enclosed offices along with a dedicated meeting space and reception area.
The unit is served by Cox data (building availability) and includes an existing bay alarm, with a new contract required. Two covered reserved parking spaces are provided, and the furniture is negotiable. The property is professionally managed through a managed association.
The condo offers a polished office layout suited to tenant teams that need multiple enclosed offices along with a dedicated meeting space and reception area.
Key Highlights
- 1,722 SF high‑end office condo for sale/lease
- 4 private offices plus conference room and reception area
- ADA restroom included
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 | $38.2k | $22.20 |
| − Vacancy | −$8.4k | −$4.88 |
| EGI | $29.8k | $17.32 |
| − OpEx | −$7.5k | −$4.33 |
| NOI | $22.4k | $12.99 |
1,722 SF · lease $22.20/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$319.5K
$279.6K – $372.7K
NOI $22,364 @ 7.0% cap · market cap 4.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$433.1K
$378.9K – $505.2K
NOI $30,314 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
563
Businesses Nearby
Explore this area
Business Placement
Demographics for 85207, AZ
50,108
Population
22,747
Households
2.2
Avg Household Size
45
Median Age
36%
College-Educated
92%
High-School Grad
29.4 sq mi
ZIP Area
1,704
Density / Sq Mi
$99,439
Median Household Income
$50,509
Median Earnings
$1,595
Median Rent
$460,800
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 units - High-end office condo offering private offices, conference room, reception area, and an ADA restroom, plus two covered parking spaces.
Where is this office units located?
The property is located at 7165 E University Dr Mesa, AZ.
What is the asking price?
The asking price for this property is $498,000.
What are key features of this property?
This property features: 1,722 SF high‑end office condo for sale/lease; 4 private offices plus conference room and reception area; ADA restroom included
