Listing Agency: LRA Real Estate Group LLC Show Phone

Listed By: Don Mortensen · License #BR529840000 Show Phone

Source: Moodyscre

Added: Oct 21 Changed: Oct 23 Last Checked: Oct 24 at 6:36PM

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Investment Insights

Based on property information with market context.

This office property contains 13,660 square feet on a 1.01-acre parcel. Recent work includes new HVAC systems, electrical improvements, dual-pane windows, and renovated bathrooms.

Key Highlights

• 13,660‑square‑foot office building
• 1.01‑acre parcel
• New HVAC systems and electrical upgrades

Property Analytics

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Open Analytics

Current Use

Indigo Carpet & Tile Carpet & Flooring Store

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Building Supply Storage Facility Big Box & Wholesale Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,958

Businesses Nearby

Explore this area Business Placement

Demographics for 85201, AZ

51,187

Population

23,099

Households

2.2

Avg Household Size

33

Median Age

27%

College-Educated

87%

High-School Grad

9.4 sq mi

ZIP Area

5,445

Density / Sq Mi

$63,725

Median Household Income

$40,067

Median Earnings

$1,349

Median Rent

$292,600

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

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Frequently Asked Questions

What type of property is this?

Office building - Recent improvements include HVAC, electrical, window, and bathroom upgrades.

Where is this office building located?

The property is located at 78 E University Dr Mesa, AZ.

What is the asking price?

The asking price for this property is $1,900,000.

What are key features of this property?

This property features: 13,660‑square‑foot office building; 1.01‑acre parcel; New HVAC systems and electrical upgrades