535 E Mckellips Rd
Office | 6.00% CAP | 7,008 SqFt
Marketing description
Fully Leased Cath Lab / Medical Office – 6% CAP Prime Investment Opportunity
Offered at: $4,204,800.00
Building Size: 7,008 SF
Year Built: 2004
Tenancy: Single (Fully Leased)
Zoning: C-2 (Mesa)
Parking: 44 Spaces (4.5 per 1,000 SF)
Discover an exceptional investment opportunity with this medical/office flagship property, strategically located in one of Mesa, Arizona's most vibrant commercial corridors. This property boasts unparalleled visibility and accessibility, making it an ideal location for retail, office, and medical developments.
Strategically positioned on McKellips Road just east of Mesa Drive, this property benefits from excellent visibility and high traffic volume, with 33,600 vehicles per day (VPD) and immediate access to Loop 202, making it an ideal location for medical professionals and patients alike.
Call 480-323-6072 today to learn more!
Investment highlights
💼 Cap Rate: 6% 10 Year NNN
📄 Lease Term: 10 Years
✅ Secure, long-term medical tenancy
🏥 Located in a thriving medical corridor within an established professional center
👥 Dense local population: 13,210 residents within 1 mile
🚗 44 dedicated parking spaces (4.5 per 1,000 SF)
🏢 Purpose-built facility currently operating as a Cath Lab
This is a rare opportunity to acquire a stabilized, income-producing medical asset in one of Mesa’s most active and growing professional hubs.
Location Advantages:
The property's proximity to several of Mesa's iconic destinations further enhances its appeal:
Hohokam Stadium (1.5 miles): Spring Training home of the Oakland Athletics, attracting significant foot traffic and regional attention.
Sloan Park (4.1 miles): Spring Training home of the Chicago Cubs, drawing hundreds of thousands of visitors annually and boosting demand for hospitality, retail, and medical services.
Mesa Country Club (2.4 miles): An elegant backdrop for the area's professional community, appealing to medical and office users who value accessibility and professional surroundings.
Falcon Field Airport (5.4 miles): A hub for business aviation and a key driver of Mesa's aerospace and technology economy.
This property presents a rare opportunity to invest in a robust, income-generating asset within a rapidly growing and economically dynamic region.
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