Freestanding Office with
For Sale
Contact for pricing
958 W MAIN Street, Mesa, AZ 85201
Recently renovated freestanding office on a fully fenced yard with private offices, showers, and a detached building with roll-up doors.
Property Size2,800 SF
Price / SF$2.09
Days on Market122
Property Features for 958 W MAIN Street
General Information
Standard status
Active
Size
2,800 SF
Property subtype
Comm/industry Lease
Zoning
GC
Additional Details
Fenced Yard
Yes
Office Units
1
Amenities
private offices
restrooms with showers
kitchen/break room
reception area
bullpen workspace
attached 2.5 car garage
detached building with electricity
storage shed
private and controlled site access
Building Details
Tenancy
Single
Listing Agency:
LRA Real Estate Group, LLC
(480) 526-5644
Listed By:
Don T Mortensen · License #BR529840000
(602) 451-3684
Source:
Juliebradfeldt
Added: Jun 24
Changed: Oct 10
Last Checked: Oct 20 at 8:15PM
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
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Investment Insights
Based on property information with market context.
A recently renovated freestanding office building sits on a fully fenced lot. The interior includes three private offices, a reception area, a bullpen workspace, a large kitchen/break room, and two large restrooms with showers. An attached 2.5-car garage provides additional on-site storage and access.
The property also includes a detached building with electricity and roll-up doors, along with an additional storage shed. The site offers private and controlled access and is configured as a single-tenant building.
The offering is a standalone structure with dedicated occupancy and is identified as zoned General Commercial (GC). It provides a combined office and functional yard configuration for businesses needing both interior workspace and improved outdoor/ancillary support space.
The property also includes a detached building with electricity and roll-up doors, along with an additional storage shed. The site offers private and controlled access and is configured as a single-tenant building.
The offering is a standalone structure with dedicated occupancy and is identified as zoned General Commercial (GC). It provides a combined office and functional yard configuration for businesses needing both interior workspace and improved outdoor/ancillary support space.
Key Highlights
- 2,800 SF freestanding office building on a fully fenced ~0.93‑acre yard
- Recently renovated interior and exterior improvements
- Office layout includes three private offices, reception area, and bullpen workspace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,018
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,360
$560.4K
Cap Rate 7%
$400,257
$400.3K
Cap Rate 9%
$311,311
$311.3K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$42.7K $15.24/SF
− Vacancy
−$2.6K −$0.94/SF
EGI
$40.0K $14.30/SF
− OpEx
−$12.0K −$4.29/SF
NOI
$28.0K $10.01/SF
Area
ZIP 85201
Vacancy
6.20%
Lease Rate
$15.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,360
Cap Rate 7%
$400,257
Cap Rate 9%
$311,311
Alternative Uses
Best Use
Office B
$539.5K
$472.0K – $629.4K
NOI $37,762 @ 7.0% cap · market cap 645.50%
Second Best
Flex RnD
$473.6K
$414.4K – $552.6K
NOI $33,153 @ 7.0% cap · market cap 566.72%
Theoretical Best
Office A
$725.8K
$635.0K – $846.7K
NOI $50,803 @ 7.0% cap · market cap 868.43%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,159
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85201, AZ
51,187
Population
23,099
Households
2.2
Avg Household Size
33
Median Age
27%
College-Educated
87%
High-School Grad
9.4 sq mi
ZIP Area
5,445
Density / Sq Mi
$63,725
Median Household Income
$40,067
Median Earnings
$1,349
Median Rent
$292,600
Median Home Value
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- bravo zulu — 550 W 2nd Ave, Mesa, AZ 85210
- NG's AFRICAN KITCHEN — 944 W Main St, Mesa, AZ 85201
Frequently Asked Questions
What type of property is this?
Flex space - Recently renovated freestanding office on a fully fenced yard with private offices, showers, and a detached building with roll-up doors.
Where is this flex space located?
The property is located at 958 W MAIN Street Mesa, AZ.
What are key features of this property?
This property features: 2,800 SF freestanding office building on a fully fenced ~0.93‑acre yard; Recently renovated interior and exterior improvements; Office layout includes three private offices, reception area, and bullpen workspace
