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    1220 Higley Rd Mesa, AZ 85206

    For Lease
    $24 SF/Yr

    Mesa medical office building, 4,202 SF available

    Lot size:
    18,928 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional two-story medical office building, totaling 18,928 square feet, presents a prime leasing opportunity in Mesa, Arizona's Superstition Corridor submarket. Located at 1220 S Higley Rd, this Class B property, built in 2007, offers 4,202 square feet of immediately available space, with a maximum contiguous space of 4,202 square feet. The building features 110 parking spaces and convenient elevator access. Its strategic location less than half a mile north of US-60 and one mile from Banner Gateway Medical Center ensures high visibility and accessibility for both patients and staff. Boasting a prominent Higley Road frontage with over 37,058 vehicles passing daily, this property benefits from significant traffic exposure. The building sits on two acres of land and is zoned C-C. Attractive tenant improvement (TI) allowances are available, allowing for customization to suit diverse medical and professional needs. The proximity to Banner Baywood and Banner Gateway Medical Centers, coupled with easy access to retail amenities, makes this a highly desirable location. This is a single building, two-story structure in Maricopa County, Arizona, with the APN 140-54-005U and zip code 85206.

    Property Features for 1220 Higley Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,928 SF
    Class
    B
    Total Rate
    37856

    Building Details

    Year Built
    2007
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    204
    Size
    1,533 SF
    Rate per SF
    $24
    Space
    106
    Size
    2,669 SF
    Rate per SF
    $24

    HighLights

    • Prime location near major medical centers and US‑60.
    • High visibility from Higley Road's high traffic volume.
    • Flexible suite sizes: 1,533‑2,669 square feet, ideal for office or medical use.
    • Generous tenant improvement allowances available.
    • Easy access to Loop 202 and other major roadways.
    • Strong demographics: $88,916 average household income.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sun Valley Pediatric ... Pediatric Dentist Banner Children's - Banner ... Medical Center East Valley Pediatrics Pediatrician Alicia Martinez, MD: ... Pediatrician Kelly England, MD: ... Pediatrician

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.71977001503
    Latitude
    33.392484969076

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    FAQs

    What type of property is this?
    Medical office - Mesa medical office building, 4,202 SF available
    Where is this medical office located?
    The property is located at 1220 Higley Rd Mesa, AZ.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: Prime location near major medical centers and US-60.; High visibility from Higley Road's high traffic volume.; Flexible suite sizes: 1,533-2,669 square feet, ideal for office or medical use.
    Request Owner's contact information
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    Mesa, AZ 85206
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    Realmo Value Estimation

    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.

    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.

    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
    1220 Higley Rd Mesa, AZ 85206
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