Individually Owned Property summary
This exceptional 5,166 square foot multi-tenant medical office condo is situated at 6952 E Broadway Rd in Mesa, Arizona's Regency Professional Plaza. Built in 2002, the property boasts a desirable location with frontage on Broadway Road, just east of Power Road. The building offers convenient access to a thriving business community and benefits from its proximity to Phoenix. The property features a generous parking ratio of 2.47 spaces per 1,000 square feet, ensuring ample parking for tenants and visitors. Zoned C-C, this investment opportunity is ideal for medical professionals seeking a well-established location in the East Valley submarket. The building's multi-tenant structure provides a stable income stream, while its location near the Mesa Arts Center and Usery Mountain Regional Park offers a unique blend of cultural and recreational amenities. The asking price for this turnkey medical office condo is $1,800,000. The property is offered as a Net Net Net (NNN) lease.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Medical Clinic
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Medical Clinic
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Medical Clinic
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Medical Laboratory
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Limited Commercial (LC). To provide areas for indoor retail, entertainment, and service-oriented businesses that serve the surrounding residential trade area within a one (1) to 10-mile radius. Typical uses include, but…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
LC · Mesa, AZLimited Commercial (LC). To provide areas for indoor retail, entertainment, and service-oriented businesses that serve the surrounding residential trade area within a one (1) to 10-mile radius. Typical uses include, but…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Limited Commercial (LC). To provide areas for indoor retail, entertainment, and service-oriented businesses that serve the surrounding residential trade area within a one (1) to 10-mile radius. Typical uses include, but…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LC in Mesa, AZ.
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