Technical
Financial
Distress signals
Property profile

6116 Arbor Ave Mesa, AZ 85206

OFF-MARKET
Medical Office Space
Property ID
US07-1844306
4.23 ac lot
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This fee-simple investment opportunity presents a 13,618-square-foot medical office building in Mesa, Arizona, currently leased to SOAR Autism Center under a 10-year net lease commencing May 1, 2025, and expiring April 30, 2035. The property boasts a 7.00% cap rate and a strong net operating income (NOI) of $333,732. Built in 1999 and renovated in 2025, the building benefits from a prime location within a thriving medical corridor, close to major healthcare facilities like Banner Baywood Medical Hospital and Ironwood Cancer Center. The lease includes attractive 3% annual rent bumps, providing inflation protection, and features two 5-year renewal options. The property is situated in a high-density area with affluent demographics, boasting an average household income exceeding $92,000 within a three-mile radius. This single-tenant, net-lease investment offers passive income generation and significant long-term growth potential within the high-demand autism/behavioral health industry. The asking price is $4,768,000. Additional parking lot income further enhances the property's financial performance.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Lot 4.23 ac (184,162 SF)
Zoning code C-G
APN 141-57-145
UPID US07-1844306

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
  • Medical Clinic
  • Physician
  • Physician Medical Clinic
  • Medical Clinic
  • Physician

Location

6116 Arbor Ave Mesa, AZ 85206-6107
Mesa metro Census 422625 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

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Owner & transaction history

since 2022
7 recorded transactions
2022
$2.8M
2020
Price N/A
2019
Price N/A
2018
$4.6M
2018
$2.2M
2018
$414,342
2017
$110,175

Zoning & alternative use

C-G · Mesa, AZ

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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