5555 E Baseline Rd
Office | 7.00% CAP | 8,876 SqFt
Marketing description
5555 E. Baseline Rd, a premium medical office building offered at $4,438,000. This 100% leased, single-tenant property provides a stable income stream with a lease secured through March 31, 2029. Generating $310,660 in current annual income ($35 PSF) with 3% annual increases, the property operates on an NNN structure, offering minimal landlord responsibilities and a solid 7% cap rate. Located in a thriving area of Mesa, this modern medical facility benefits from strong demographics, including a growing population and a high median household income, making it an exceptional addition to any investment portfolio
5555 E. BASELINE ROAD presents a promising opportunity due to the stability and resilience of the local office market. With a vacancy rate of 10.9% as of Q1 2025—consistent with the five year average and well below the 10-year average of 12.7%—the submarket demonstrates steady demand. Despite no new deliveries and a net absorption of -84,000 SF over the past year, the area’s availability rate of 15.2% and limited construction activity (17,000 SF underway) highlight a balanced supply pipeline. The submarket’s rents, averaging $27.00/SF, remain competitive compared to the Phoenix metro average of $30.00/SF, while modest rent growth aligns with broader market trends. With 6.8 million SF of inventory in the corridor and a strategic location within a 197-million-SF metro market, the area offers investors a solid foundation for long-term growth and stability
Located in the thriving East Valley market of Mesa, AZ, the area surrounding 5555 E Baseline Rd offers an enticing blend of amenities and attractions. Situated near retail centers, dining options, and recreational facilities, the location provides convenient access to a range of services. Investors will appreciate the property's proximity to notable landmarks such as Superstition Springs Center, Golfland SunSplash, and the Mesa Arts Center, which contribute to the area's vibrant appeal. With its strategic position in this bustling district, the property presents a prime opportunity for office building investors seeking a dynamic and well-connected location.
Introducing an exceptional opportunity for office building investors in the East Valley area of Mesa, AZ. This prime property at 5555 E Baseline Rd features a thoughtfully designed 8,876 SF building, constructed in 2019. With a commercial zoning, the property offers a versatile space for various business ventures. Boasting modern amenities and a strategic location, this investment presents a compelling choice for those seeking a well-positioned, contemporary office building. Take advantage of this chance to own a property at the heart of the thriving East Valley market, perfectly suited for meeting the demands of today's commercial real estate landscape.
Investment highlights
- 8,876 SF modern office building
- Constructed in 2019
- Strategically located in the East Valley area
- Thoughtfully designed for contemporary business needs
- Ample space for various office configurations
- High-quality construction and finishes
- Versatile layout to accommodate diverse office setups
- Convenient access to major transportation routes
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