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    555 University Dr Mesa, AZ 85201

    Sponsored
    For Lease
    $22 SF/Yr ($12,003 /Mo)

    868 sq ft, Class A Office Space

    Lot size:
    6,402 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 868-square-foot office suite, located in the desirable Downtown Mesa submarket, presents a fantastic opportunity for a single tenant. Situated within a larger 6,402-square-foot Class A building, this space boasts a spacious layout ideal for a variety of businesses. The suite features a large reception area, perfect for welcoming clients and guests. Beyond the reception, you'll find three generously sized private offices, offering ample room for individual work or small teams. One of these offices is particularly adaptable and could easily function as a large bullpen area, providing flexibility to accommodate your specific needs. The building itself underwent a complete renovation in 2022, ensuring modern amenities and a well-maintained environment. Originally constructed in 1985, this property benefits from a blend of established character and contemporary upgrades. Its convenient location in Downtown Mesa provides easy access to a vibrant urban core, offering numerous amenities and a thriving business community. This end unit offers added privacy and visibility. This is a single-tenant occupancy space. Don't miss this chance to secure a prime office space in a sought-after location.

    Property Features for 555 University Dr

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,402 SF
    Class
    A
    Total Rate
    12003.75

    Building Details

    Year Built/Renovated
    1985/2022

    Unit(s) available at that property

    Space
    Size
    868 SF
    Rate per SF
    $22

    HighLights

    • 6,402 SF Class A Office Building in Downtown Mesa
    • Single‑Tenant Occupancy, 868 SF
    • Traditional and Creative Office Space Available
    • Recently Renovated in 2022
    • Built in 1985
    • Features a large reception area and three spacious offices, one suitable for a bullpen.
    Property Profile Location Intelligence

    Current Use by Public Records

    C F Capital ... Loan Agency Lion Staff international ... Employment Agency Rooted Chiropractic Chiropractor Road to Therapy- Tempe/Mesa ... Mental Health Service FACIL INCOME TAX Tax Preparation Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.84391364044
    Latitude
    33.422309820402

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    FAQs

    What type of property is this?
    Office space - 868 sq ft, Class A Office Space
    Where is this office space located?
    The property is located at 555 University Dr Mesa, AZ.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: 6,402 SF Class A Office Building in Downtown Mesa; Single-Tenant Occupancy, 868 SF; Traditional and Creative Office Space Available
    Request Owner's contact information
    555 University Dr Mesa, AZ 85201
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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
    555 University Dr Mesa, AZ 85201
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