Property summary
This 6,200-square-foot industrial property in Mesa, Arizona, offers a versatile blend of warehouse and office space. The building, constructed in 2006, features a 2,200-square-foot air-conditioned warehouse with a 14-foot roll-up door, perfect for storage and distribution. An additional 4,000 square feet is dedicated to office space, providing ample room for administrative functions. Located at 1918 N Higley Rd, 85205, this single-tenant property benefits from high visibility due to signage on Higley Road. The lease is a NNN (Net, Net, Net) agreement, with a monthly rent of $8,785, translating to $1.08 per square foot. This prime location offers easy access to major freeways including US-60, I-10, Loop 101, and 202, and is conveniently situated minutes from Falcon Field Airport. The property is zoned L-I by the City of Mesa. This is an exceptional opportunity for businesses seeking a well-maintained, strategically located industrial space in a thriving Arizona market.
Property profile
VerifiedCap rate & NOI
Current use
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Training Center Tutoring Service
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Gym & Fitness Center
Location
Value estimations
Owner & transaction history
Zoning & alternative use
mbers in this column refer to other sections of the Zoning Ordinance, while individual letters refer to subsections that directly follow the table. Table 11-7-3: Development Standards - Employment Districts Standard PEP…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
LI · Mesa, AZmbers in this column refer to other sections of the Zoning Ordinance, while individual letters refer to subsections that directly follow the table. Table 11-7-3: Development Standards - Employment Districts Standard PEP…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
mbers in this column refer to other sections of the Zoning Ordinance, while individual letters refer to subsections that directly follow the table. Table 11-7-3: Development Standards - Employment Districts Standard PEP…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LI in Mesa, AZ.
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