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4215 E Mcdowell Rd Mesa, AZ 85215

Office buildings Google Maps
26,534 SF 8.65 ac lot Built 2006
Entity Owned 4-yr Hold ~ Est. High Equity
Estimated value
No estimation on file for this property yet.
Property ID US07-1045164

Property summary

AI-generated overview

This exceptional 152,909 square foot multi-tenant property, built in 2007, offers a blend of office and industrial space in the desirable Falcon Field/Apache Junction Industrial submarket of Maricopa County. Located at 4215 E McDowell Rd, near the intersection of McDowell Rd and Greenfield Rd, this M-1 zoned building boasts one dock-high door and currently has 2,307 square feet of vacant office space immediately available for lease. The property features a recently completed exterior paint job and landscaping refresh, enhancing its curb appeal and providing a modern aesthetic. Landlords are offering an attractive lease incentive: two months free rent on a three-year lease or three months free rent on a five-year lease, an offer valid until the end of November 2024. This presents a unique opportunity for businesses seeking a combination of office and industrial space in a well-maintained building within a thriving industrial area. The property's strategic location provides easy access to major transportation routes, making it an ideal choice for companies needing efficient logistics and convenient commutes for employees. The available space is perfect for executive offices or manufacturing needs, offering flexibility for various business types. Don't miss this chance to secure prime space in a sought-after East Valley location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2006
Construction CONCRETE
Total area 26,534 SF
Lot 8.65 ac (376,758 SF)
Zoning code LI
APN 141-26-009
UPID US07-1045164

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Trucking Company
  • Travel Agency
  • Bank Credit Union
  • Charitable Organization
  • Production Facility

Value estimations

Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2022
Last sale
$38.4M
5 recorded transactions
2022
$38.4M
2006
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LI · Mesa, AZ
Zoning description

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…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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