Mesa Office Building For
7447 East Southern Avenue Suite 107-108 Mesa, AZ 85209
For Sale
$1,325,000
Mesa office building near US 60 and Sossaman Rd.
Property Size5,953 SF
Price / SF$222.58
Days on Market251
Property Features for 7447 East Southern Avenue Suite 107-108
General Information
Standard status
Active
Size
5,953 SF
Property subtype
Office
Listing Agency:
Sperry Commercial Global Affiliates
(480) 519-1804
Listed By:
Zackery Sherman · License #AZ #684602000
(480) 519-1804
Source:
Sperrycga
Added: Nov 21, 2025
Changed: Jul 6
Last Checked: Jul 29 at 4:55AM
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 Sperry Commercial Global Affiliates
Investment Insights
Based on property information with market context.
This 5,953 square foot office building, constructed in 2008, is located in Mesa, Arizona, near US 60 and Sossaman Road. The property is situated within the Commons at Superstition Springs, with direct frontage on Southern Avenue, a high-traffic thoroughfare. The location offers convenient access to numerous retail amenities, including the Superstition Springs Center, Costco, Target, and a variety of shops and restaurants. Immediate access to US 60 is available via a full-diamond interchange at Power Road and a half-diamond interchange at Sossaman Road. The Loop 202 Freeway is also easily accessible, providing short drive times to the entire southeast valley. The property is zoned LI. The CAM fee is $597.41 per month. The 2022 property taxes were $8,931.68.
Key Highlights
- Excellent location in Mesa, AZ, with direct frontage on Southern Ave near US 60 and Sossaman Rd.
- High traffic area on Southern Ave.
- Immediate freeway access to US 60 and Loop 202.
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 | $165.0k | $27.72 |
| − Vacancy | −$32.2k | −$5.41 |
| EGI | $132.8k | $22.31 |
| − OpEx | −$33.2k | −$5.58 |
| NOI | $99.6k | $16.74 |
5,953 SF · lease $27.72/SF/yr · vacancy 19.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.42M
$1.25M – $1.66M
NOI $99,629 @ 7.0% cap · market cap 7.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.98M
$1.73M – $2.31M
NOI $138,364 @ 7.0% cap · market cap 10.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Mesa office building near US 60 and Sossaman Rd.
Where is this office building located?
The property is located at 7447 East Southern Avenue Suite 107-108 Mesa, AZ.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: Excellent location in Mesa, AZ, with direct frontage on Southern Ave near US 60 and Sossaman Rd.; High traffic area on Southern Ave.; Immediate freeway access to US 60 and Loop 202.
