955 E Main St, Mesa, AZ
3,220 SF retail/office building with high visibility on Main Street.
- Added:
- Feb 20, 2025
- Days on Market:
- 481
- Last Refresh:
- May 20 at 8:49 pm
Property Features for 955 E Main St
General Information
- Standard status
- Active
- Size
- 3,220 SF
- Lot size
- 0.36 Acres
- Property subtype
- RETAIL
Listing agent Sakeri Barba (480) 694-2283
Listing office LRA Real Estate Group LLC (480) 694-2283
Listing date Feb 20, 2025
Source Moodyscre
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 Group LLC
HighLights
- High‑traffic location on Main Street with prime visibility.
- Freestanding 3,220 SF retail/office building.
- 100% occupancy.
- Hard corner lot.
- Ample parking.
- Versatile floor plan suitable for retail or office use.
Overview
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 | $93.1k | $28.92 |
| − Vacancy | −$19.6k | −$6.07 |
| EGI | $73.6k | $22.85 |
| − OpEx | −$18.4k | −$5.71 |
| NOI | $55.2k | $17.14 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Mesa
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.81
- Latitude
- 33.4148
