1906 Higley Rd Mesa, AZ 85205-3306

Property Details for 1906 Higley Rd

Year built

2006

Construction

CONCRETE

Lot size

0.49 lot acres

Property size

3,450 SF

Zone code

I-1

Property type

Retail space

APN

141-35-048

APU

14135048

Description

This exceptional 3,750 square foot office building, located at 1906 N Higley Rd in Mesa, Arizona (zip code 85205, Maricopa County), presents a lucrative investment opportunity. Built in 2006 and extensively renovated in 2023, this single-story building boasts a modern design and high-quality finishes. The property is zoned L1 and features nine individual units, currently operating at 65% occupancy. The asking price is $1,150,000, translating to a price per square foot of $360. The net rentable area is 3,750 square feet, spread across a single building. The current owner occupies approximately 2,000 square feet, utilizing the space for their real estate and software businesses. Convenient amenities for tenants include a shared conference room and a common kitchen area equipped with a refrigerator and microwave. This property offers a blend of established tenancy and potential for increased revenue through lease-up of the vacant units. The property's strategic location in Mesa, Arizona, ensures easy access to major transportation routes and a thriving business community. This is a rare opportunity to acquire a well-maintained, high-performing office building in a desirable market. The APN is 141-35-048.

Location Insight

City

Mesa

County

Maricopa

State

Arizona

Longitude

-111.719

Latitude

33.4503

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments