525 W Baseline Rd Mesa, AZ 85210
For Lease
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This exceptional Class A industrial property, located at 525 W Baseline Rd in Mesa, Arizona, presents a unique owner-user opportunity. Boasting 36,140 square feet on a 4.41-acre lot, this vacant distribution/flex/warehouse facility offers significant advantages. Built in 1999 and extensively renovated in 2019, the property features a two-story building with 23-25 foot ceiling heights, two loading docks, and two dock-high doors. The 2019 renovations included a complete office refurbishment, a new concrete-paved yard, and the installation of a roof-mounted solar system, resulting in significant monthly energy savings via a solar lease. The property includes 84 parking spaces (18 covered) and an additional one-acre fenced and secure yard. The building is equipped with a 1200-amp, 120/208v power system, a sprinkler system, and LED motion-sensor lighting. Zoned LI by the City of Mesa, this property is ideal for a variety of industrial uses. The asking price is $10,000,000, translating to $276.70 per square foot. Parcel numbers are 302-04-006M & 302-04-006R. This is a rare opportunity to acquire a fully improved, modern industrial facility in a prime Mesa location. The property is vacant and ready for immediate occupancy.
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Soul-r Solar Energy Company
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CR Power Solar Energy Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LI · Mesa, AZMesa. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.