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Office Building with Courtyard

760 S Stapley Dr Mesa, AZ 85204

760 S Stapley Dr, Mesa, AZ, 85204
$1,650,000
For Sale
$1,650,000

Professional office building centered on a 1,275 SF open-air courtyard and supported by 24 parking spaces.

Property Size7,658 SF
Price / SF$215.46
Days on Market195

Property Features for 760 S Stapley Dr

General Information

Standard status
Active
Size
7,658 SF
Listing agency West USA Realty
Listed by Marcela G Moat
Source Exprealty
Added: Jan 8 Updated: Jul 22 at 8:49AM Checked: Jul 22 at 8:49AM

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 West USA Realty


Investment Insights

Based on property information with market context.

This professional office building is designed around a central 1,275± SF open-air courtyard, creating an indoor-outdoor setting with natural light. The layout includes numerous private offices, multiple conference rooms, an open office area, reception and waiting areas, and dedicated support spaces such as a server room, copy room, storage, and kitchenette. Multiple restrooms and a flexible configuration provide options for varied business uses, including owner-user occupancy.

The building is served by multiple entrances, which can support departmental separation now or future demising. Parking totals 24 spaces, including 12 covered spaces.

Overall, the property offers a functional office footprint with substantial room count, conference space, and a central courtyard that can support day-to-day work and meetings.

Key Highlights

  • Approx. 7,648± SF professional office building centered on a 1,275± SF open‑air courtyard
  • 24 parking spaces total, including 12 covered parking
  • Includes reception and waiting areas, numerous private offices, and an open office area

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 $212.3k $27.72
− Vacancy −$41.4k −$5.41
EGI $170.9k $22.31
− OpEx −$42.7k −$5.58
NOI $128.2k $16.74
7,658 SF · lease $27.72/SF/yr · vacancy 19.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.83M
$1.60M – $2.14M (±1% cap)
NOI $128,164 @ 7.0% cap · market cap 7.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.54M
$2.22M – $2.97M (±1% cap)
NOI $177,993 @ 7.0% cap · market cap 10.79%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Tri-City Property Management ... Property Management Company Sands Scottsdale HOA Association / Organization the townes Property Management Company La Contessa Condominiums Condominium Complex

Suggested Use

Real Estate Agency (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Cafe & Coffee Shop Home Appliance Store Bakery Travel Agency Carpet & Flooring Store Pet Grooming Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Professional office building centered on a 1,275 SF open-air courtyard and supported by 24 parking spaces.
Where is this office building located?
The property is located at 760 S Stapley Dr Mesa, AZ.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Approx. 7,648± SF professional office building centered on a 1,275± SF open‑air courtyard; 24 parking spaces total, including 12 covered parking; Includes reception and waiting areas, numerous private offices, and an open office area
Contact an agent
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