Mesa Medical Office
7525 E Broadway Rd, Mesa, AZ 85208
Stabilized medical office complex in Mesa, Arizona for sale.
Type:Office
Property size:
20,802 SFPrice / SF:
$254/SF- Added:
- Sep 11, 2025
- Days on Market:
- 299
- Last Refresh:
- Jun 26 at 3:25 pm
Property Features for 7525 E Broadway Rd
General Information
- Standard status
- Active
- Size
- 20,802 SF
- Property subtype
- Office
Building Details
- Year Built
- 1997
Listing office Commercial Properties Inc.
Listing date Sep 11, 2025
Source Crexi
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.
HighLights
- Stabilized medical office complex, 88.23% occupied with diverse tenants, offering reliable cash flow.
- Enjoy 100% income from day one with seller‑guaranteed rent for the vacant suite.
- Located in a dense, mature, medically‑focused community with a large patient base.
- Supply‑constrained Mesa East submarket with strong tenant demand and no new construction.
- Rental growth outpacing the Phoenix metro average.
- Proximity to major hospitals like Banner Baywood Medical Center.
Overview
Broadway East Medical Center, a multi-tenant medical office complex located at 7525 E Broadway Road in Mesa, Arizona, is available for acquisition. The property has a total area of 20,802 square feet and is 88.23% occupied. The complex hosts a synergistic mix of established medical practices, including specialists in family medicine, cardiology, pain management, and physical therapy. The property is located in a dense, mature, and medically focused community with a population of nearly 280,000 residents and over 75,000 daytime employees within five miles. The area's median age is over 44. The property is located close to major hospitals like Banner Baywood Medical Center. The Mesa East submarket has seen nearly 38,000 square feet of positive net absorption over the past year, with no new office space currently under construction. Asking rents in the submarket have increased by 2.4%.
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 | $601.6k | $28.92 |
| − Vacancy | −$126.3k | −$6.07 |
| EGI | $475.3k | $22.85 |
| − OpEx | −$118.8k | −$5.71 |
| NOI | $356.4k | $17.14 |
20,802 SF · lease $28.92/SF/yr · vacancy 21.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$5.09M
$4.46M – $5.94M
NOI $356,444 @ 7.0% cap · market cap 6.73%
Second Best
Healthcare Medical
$2.26M
$1.97M – $2.63M
NOI $157,906 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$5.70M
$4.99M – $6.65M
NOI $399,139 @ 7.0% cap · market cap 7.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Arizona Pain and Spine ...
Physician
Scott Daniel Mcgrath
Physician
Dr. Robert P. ...
Geriatric Care Provider
Heavens Medical PLC
Medical Clinic
Richard W Hawkins ...
Physician
Location Insight
- Map
- Local Demand
- City
- Mesa
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.6693153
- Latitude
- 33.4070483
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Stabilized medical office complex in Mesa, Arizona for sale.
Where is this medical office space located?
The property is located at 7525 E Broadway Rd Mesa, AZ.
What is the asking price?
The asking price for this property is $5,295,000.
What are key features of this property?
This property features: Stabilized medical office complex, **88.23% occupied** with diverse tenants, offering reliable cash flow.; Enjoy **100% income from day one** with seller‑guaranteed rent for the vacant suite.; Located in a dense, mature, medically‑focused community with a large patient base.
