For Sale
$5,895,000

2550 Thunderbird CirMesa, AZ 85215

53,356 SF Multi-Tenant Office/Warehouse

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 53,356 square foot multi-tenant property, located at 2550 N Thunderbird Cir, Mesa, AZ 85215, presents a compelling owner-user opportunity. Built in 2000 and situated on a ground lease expiring March 31, 2033, this industrial, office, and special purpose building boasts a strong 11.32% cap rate and a substantial NOI of $667,144. The property features approximately 35,452 square feet of office space and 17,903 square feet of hangar space, with an additional 41,721 square feet available for user occupancy. The property is zoned LI (City of Mesa) and offers ample parking (5.47 spaces per 1,000 sq ft). Benefitting from its location in an Opportunity Zone and direct access to Falcon Field runways, this property offers significant potential for additional income from existing tenants. The asking price is $5,895,000. This is a rare opportunity to acquire a well-located, income-producing property below replacement costs.

Highlights

  • Owner-Occupancy Opportunity
  • Strong Existing Rental Income
  • Qualified Opportunity Zone Location
  • Direct Runway Access at Falcon Field
  • Below Current Replacement Cost

Property Details for 2550 Thunderbird Cir

Property type
Warehouses, Specialty properties
Square Feet
53,356 SF
Year Built
2000

Location Insight

City
Mesa
County
Maricopa
State
Arizona
Latitude
33.462751828813
Longitude
-111.71987791067
2550 Thunderbird Cir, Mesa, Arizona

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2550 Thunderbird Cir
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