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Property profile & analytics
OFF-MARKET Estimated value $72,045,000
Parking lots & garages

1432 Dobson Rd Mesa, AZ 85202-4768

309,776 SF 1.32 ac lot Built 2006
Individually Owned 20-yr Hold Free & Clear
Property ID
US07-1108825
Property summary
AI-generated overview

This exceptional medical office space, located at 1432 S Dobson Rd in Mesa, Arizona (zip code 85202), offers a unique opportunity within the thriving Desert Medical Campus. The building, classified as Class B, boasts a total of 313,671 square feet and is currently offering multiple tenancy options. Individual suites range from a minimum of 734 square feet to a maximum contiguous space of 5,685 square feet, providing flexibility for practices of various sizes. A significant amount of vacant space, totaling 38,595 square feet, is readily available for immediate occupancy. This property is situated in Maricopa County and benefits from its location within a major medical campus. The Desert Medical Campus is a large and comprehensive facility serving as a tertiary referral center for the East Valley of Metropolitan Phoenix, featuring 669 private rooms, including 248 dedicated to children's care at the Cardon Children's Medical Center. Over 1,200 physicians representing 65 specialties are affiliated with this campus, creating a robust and established medical community. This presents a prime opportunity to establish or expand a medical practice within a high-traffic, well-respected medical environment. The property's strategic location offers excellent visibility and accessibility for patients and staff. Inquire today to learn more about the available spaces and lease terms.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 2006
Construction CONCRETE
Total area 309,776 SF
Lot 1.32 ac (57,646 SF)
Zoning code NC
APN 134-43-014F
UPID US07-1108825
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Desert Medical Plaza Medical Clinic
  • Kathy L. Thomas PhD Physician
  • Banner Children's Specialists Pulmonology Clinic Medical Clinic
  • Banner Children's Specialists Orthopedics Clinic Medical Clinic
  • Banner Children's Specialists Neurology and Neurosurgery Clinic Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$72.04M
Blend (final) Blend
$72.05M
Owner & transaction history
Banner Health · 20 yrs held
Banner Health
since 2006
1 recorded transaction
2006
Price N/A
Zoning & alternative use
NC · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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