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    FOR SALE
    Medical Office Space

    2610 E University Dr, Mesa, AZ 85213

    17,490 SF 1.3 ac lot Built 1989
    Entity Owned 19-yr Hold ~ Est. High Equity
    Property ID
    US07-3282346
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a single-tenant, net-leased freestanding office building situated on a 1.3-acre lot at 2610 E University Drive in Mesa, Arizona. Currently fully occupied by a professional office tenant, this property offers a stable income stream and significant potential for future appreciation. The building benefits from a highly visible location in an established North Mesa area, boasting prominent monument signage to ensure high visibility and attract clientele. Ample parking is available for tenants and visitors, enhancing convenience and accessibility. The property is meticulously maintained, featuring attractive and well-kept landscaping that contributes to a positive and professional image. Its strategic location provides easy access to major transportation arteries, including the Loop 202 and US 60 freeways, ensuring convenient commutes for employees and clients. The surrounding area is rich with a diverse mix of businesses, retail establishments, and medical facilities, creating a vibrant and thriving commercial environment. This turnkey investment is ideal for those seeking a stable, high-performing asset in a prime location with strong growth potential. The asking price for this exceptional property is $4,181,211. The square footage of the building is not currently available. This property offers a rare opportunity to acquire a well-positioned, income-producing asset in a desirable market.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1989
    Construction CONCRETE
    Total area 17,490 SF
    Lot 1.3 ac (56,784 SF)
    Zoning code OC
    APN 140-10-360B
    UPID US07-3282346
    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
    • Robert Flanders, CRNA Physician
    • American Vision Partners - Call Center Eye Care Center
    • Dr. Michael Campion, MD Ophthalmologist
    • Ethington Roger B OD Physician
    • Dr. Taylor Thompson Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $6.78M
    Blend (final) Blend
    $6.78M
    Owner & transaction history
    Acacia Admin LLC · 19 yrs held
    Acacia Admin LLC
    since 2006
    4 recorded transactions
    2006
    $2.4M
    2006
    $1.8M
    1997
    $1.6M
    1987
    Zoning & alternative use
    OC · Mesa, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $11.2M +145.0%
    Restaurant $11.2M +144.4%
    Auto repair, garage $7.7M +68.2%
    Try Rey
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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