Building Details

Year Built 1972

Stories 2

Tenancy Multi

Listing Agency: Commercial Properties Inc Tempe t***@cpiaz.com Show Phone

Listed By: Tyson Breinholt · License #AZ BR517298000

Source: Crexi

Added: Oct 5, 2024 Changed: Aug 31 Last Checked: Aug 30 at 11:02PM

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Investment Insights

Based on property information with market context.

This 53,135 square foot office building, constructed in 1972, is located in the Phoenix East Valley area. The property is zoned LC, offering flexibility for potential owners. This property presents an opportunity for an owner/user seeking to establish or expand their presence.

Key Highlights

• Substantial 53,135 SF office building provides ample space.
• Prime owner/user opportunity with income potential.
• Strategic location in the Phoenix East Valley area.

Property Analytics

Property Profile

Current Use

CBI Community Bridges ... Medical Clinic Brandon Healy Physician India Samuels Physician Ana Williams Physician Mesa Regional Parole ... Federal Government Office

Suggested Use

Top Pick Auto Parts Store Building Supply Storage Facility Carpet & Flooring Store Travel Agency (Bike/Boat/Book/etc) Store

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

981

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

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - 53,135 SF office building in Phoenix East Valley area.

Where is this office building located?

The property is located at 460 N Mesa Dr Mesa, AZ.

What is the asking price?

The asking price for this property is $4,500,000.

What are key features of this property?

This property features: Substantial 53,135 SF office building provides ample space.; Prime owner/user opportunity with income potential.; Strategic location in the Phoenix East Valley area.