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30051216
30051241

555 W University Dr, Mesa, AZ 85201 For Sale

SM
AZ SA634760000
The Menlo Group Commercial Real Estate LLC
Listed by The Menlo Group Commercial Real Estate LLC
$1,750,000
140 days on market
Updated 20 days ago
Opportunity zone

555 University

Details
APN 135-59-016
Property Type Office
Sub Type Traditional Office, stand-alone
Square Footage 6,402
Units 10
Cap Rate 2.53%
NOI $44,320
Occupancy 40%
Tenancy Multi
Brand/Tenant AZ Therapy, Rooted Chiropractic (+1)
Lease Type Modified
Price per SqFt $273
Class B
Year Built 1985
Buildings 1
Stories 1
Lot Size (SqFt) 24,394
Zoning R-S, Mesa
Parking Spaces 3.23 per 1,000 sq ft
Investment Type Owner/User

Single Story Free Standing Building Perfect for an Owner/User!

Marketing description

Introducing a prime investment opportunity at 555 W University Dr, Mesa, AZ, 85201. This 6,402 SF office building, offering 10 units. Priced at $1,750,000, this property presents a significant value proposition. With ample space, it's perfect for a wide range of office or commercial uses. Seize the chance to acquire a sought-after asset in the thriving Mesa area and capitalize on the potential for a strong return on investment. Don't miss your chance to make this impressive property a part of your portfolio.

Freestanding office property along West University Drive in central Mesa, just east of downtown. Frontage on University Ave just West of Country Club Dr. Close proximity to restaurants, retail and service amenities. Immediate access to SR 87.

Investment highlights

  • 6,402 SF single-story, general office
  • Multi Tenant built-out office suites
  • Perfect owner/user opportunity
  • Leases are month to month
  • Great Monument Signage on University Ave
  • Located in downtown Mesa "Opportunity Zone"
  • Single-story free standing building
  • Built in 1985, Wood Frame, Tile Roof
  • Immediate access to SR 87
  • Close proximity to restaurants, retail and service amenities
  • Frontage on University Avenue just West of Country Club Drive

Listing Contacts

SM
AZ SA634760000
The Menlo Group Commercial Real Estate LLC
Listed by The Menlo Group Commercial Real Estate LLC

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$44,320.11
$3,693.34/mo

Valuation Metrics

0
DSCR
2.53%
Cap Rate
2.53%
ROI

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