Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    540 Broadway Rd Mesa, AZ 85210

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    1,227 SF Available in Mesa, AZ

    Lot size:
    157,153 SF

    Property Features for 540 Broadway Rd

    General Information

    Property type
    Distribution centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    157,153 SF
    Total Rate
    172868.3

    Building Details

    Year Built
    1987

    Spaces For Lease

    at 540 Broadway Rd, Mesa, AZ 85210 Contact us
    Unit 540 W Broadway Rd, Ste 108

    $13 /Mo

    Size
    1,227 SF
    Contact us

    We can help!

    Listing Contact
    David Bean
    David Bean

    Listing Agency: Commercial Properties Inc Listing Agent: David Bean

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 1,227 square foot industrial space, part of a larger 157,153 square foot multi-tenant building, is ideally situated at 540 W Broadway Rd in Mesa, Arizona's Mesa Ind submarket. Built in 1987, this property offers a prime location within Maricopa County, providing easy access to major transportation routes. The space is currently vacant and ready for immediate occupancy, with availability starting May 1st, 2021. The property is classified as both office and industrial, making it suitable for a variety of manufacturing and warehouse operations. The building's substantial size suggests ample shared resources and potential for synergy with other tenants. This listing presents a unique opportunity to secure a well-located, functional space within a larger, established industrial complex. The property's address is 540 W Broadway Rd, Mesa, AZ 85210. The geographic coordinates are 33.408491 latitude and -111.8444222 longitude. This is a rare opportunity to lease a space in a well-established industrial area. The property's size and location make it an attractive option for businesses seeking a functional and accessible space in a thriving industrial submarket. Contact us today to schedule a viewing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cocos Power Restaurant Angel Spa Alternative Medicine Practice Yerberia Isabel Specialty Food Shop La Cascada Restaurant AutoZone Auto Parts Auto Parts Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.8444222
    Latitude
    33.408491

    Nearby Similar for Lease

    • Contact for pricing

      AZ, Mesa- W Brown Rd

      Discover many ways to work your way in AZ, Mesa- W Brown Rd
      560 Brown Rd, Mesa, AZ 85201
      View Details
    • Contact for pricing

      Stapley Corporate Center

      Discover many ways to work your way in Stapley Corporate Center
      1910 Stapley Dr, Mesa, AZ 85204
      View Details
    • Sponsored
      Contact for pricing

      Val Vista

      Discover many ways to work your way in Val Vista
      3707 Southern Ave, Mesa, AZ 85206
      View Details
    • Contact for pricing

      Dobson

      Discover many ways to work your way in Dobson
      2266 Dobson Rd, Mesa, AZ 85202
      View Details
    • Contact for pricing

      Turnkey Auto Repair Facility

      Ready-to-operate auto repair shop in Mesa, Arizona.
      746 W Southern Ave, Mesa, AZ 85210
      View Details
    • $15 SF/Yr
      5,875 SF

      Freestanding Mesa Property For Lease

      Remodeled showroom with roll-up bays, ideal for automotive or industrial.
      220 E Baseline Rd, Mesa, AZ 85210
      View Details
    • $500 /Mo

      Functional Office Space in Mesa

      Efficient commercial office space with convenient amenities and prime location.
      2651 West Guadalupe Rd, Mesa, AZ 85202
      View Details
    • Contact for pricing

      Mesa Retail Space For Lease

      Retail space with prime visibility and accessibility in Mesa, Arizona.
      1911 W Broadway Rd, Mesa, AZ 85202
      View Details
    • Contact for pricing

      Mesa Retail Space For Lease

      Retail space with high visibility and ample parking available for lease.
      1933 E University Dr, Mesa, AZ 85203
      View Details
    • Contact for pricing

      Baseline Road Retail Pad Available

      Retail pad site available on Baseline Road.
      2252 E Baseline Rd, Mesa, AZ 85204
      View Details
    • $21 SF/Yr

      Prime Retail Space on Main

      Retail space with ample parking and convenient location.
      606 E Main St, Mesa, AZ 85203
      View Details
    • Contact for pricing

      Retail Space in Grocery Anchored Center

      Last available retail space with signage in Mesa, Arizona.
      2043 S Ellsworth Rd, Mesa, AZ 85209
      View Details

    FAQs

    What type of property is this?
    Distribution center - 1,227 SF Available in Mesa, AZ
    Where is this distribution center located?
    The property is located at 540 Broadway Rd Mesa, AZ.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: 1,227 SF industrial space available for lease in Mesa, AZ.; Located at 540 W Broadway Rd, Mesa, AZ 85210.; Part of a larger 157,153 SF multi-tenant building, built in 1987.
    (480) 214-1105 Call to check price and availability
    Request Owner's contact information
    540 Broadway Rd Mesa, AZ 85210
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    540 Broadway Rd
    Mesa, AZ 85210
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    540 Broadway Rd Mesa, AZ 85210
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing David Bean
    David Bean
    Real Estate License ID: #BR627726000
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!