Freestanding Office
919 & 925 N Stapley Drive Mesa, AZ 85203
New
919 & 925 N Stapley Drive, Mesa, AZ, 85203
$2,049,000
For Sale
$2,049,000
Two side-by-side freestanding masonry office buildings offer flexible layouts with dedicated reception areas and private restrooms.
Property Size9,216 SF
Lot Size0.90 Acres
Price / SF$222.33
Days on Market3
Property Features for 919 & 925 N Stapley Drive
General Information
- Standard status
- Active
- Size
- 9,216 SF
- Lot size
- 0.90 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1978
Listing agency
LRA Real Estate
(602) 451-3684
Listed by
Don Mortensen · License #BR529840000
Source
Lrarealestate
Added: Jul 20 Updated: Jul 21 at 10:19PM Checked: Jul 21 at 10:19PM
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 LRA Real Estate
Investment Insights
Based on property information with market context.
Rare offering featuring two side-by-side, freestanding office buildings totaling 9,216 SF of well-maintained masonry construction. The property is fully occupied and currently provides an established mix of professional and medical tenants. Each building includes private offices, dedicated reception areas, and private restrooms, with flexible, move-in-ready layouts.
Set on a 0.90-acre lot along the highly traveled Stapley Drive corridor, the site offers direct, easy access to both the Loop 202 and US-60 freeways. The buildings also feature prominent high-visibility monument and building signage on Stapley Dr.
The property is zoned C-2 by the City of Mesa and includes 45 dedicated parking spaces, with a mix of covered and uncovered options. The current occupancy is 100% leased.
Set on a 0.90-acre lot along the highly traveled Stapley Drive corridor, the site offers direct, easy access to both the Loop 202 and US-60 freeways. The buildings also feature prominent high-visibility monument and building signage on Stapley Dr.
The property is zoned C-2 by the City of Mesa and includes 45 dedicated parking spaces, with a mix of covered and uncovered options. The current occupancy is 100% leased.
Key Highlights
- Two side‑by‑side freestanding masonry office buildings totaling 9,216 SF
- Fully occupied/100% leased with professional and medical tenants
- 0.90‑acre lot on Stapley Drive corridor with prominent monument and building signage
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 | $266.5k | $28.92 |
| − Vacancy | −$56.0k | −$6.07 |
| EGI | $210.6k | $22.85 |
| − OpEx | −$52.6k | −$5.71 |
| NOI | $157.9k | $17.14 |
9,216 SF · lease $28.92/SF/yr · vacancy 21.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.26M
$1.97M – $2.63M
NOI $157,917 @ 7.0% cap · market cap 7.71%
Second Best
Healthcare Medical
$999.4K
$874.5K – $1.17M
NOI $69,958 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$2.53M
$2.21M – $2.95M
NOI $176,832 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
FE Construction Group ...
Construction Company
totalride
Freight Service
Pristine Stoneworks LLC
Building Supply
Stapley Office Complex
Professional Services
Mesa Solar Panel ...
Solar Energy Company
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FAQs
What type of property is this?
Office building - Two side-by-side freestanding masonry office buildings offer flexible layouts with dedicated reception areas and private restrooms.
Where is this office building located?
The property is located at 919 & 925 N Stapley Drive Mesa, AZ.
What is the asking price?
The asking price for this property is $2,049,000.
What are key features of this property?
This property features: Two side‑by‑side freestanding masonry office buildings totaling 9,216 SF; Fully occupied/100% leased with professional and medical tenants; 0.90‑acre lot on Stapley Drive corridor with prominent monument and building signage
