For Sale
$1,150,000

1906 Higley Rd Mesa, AZ 85205

High-yield office investment in Mesa, AZ.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 3,750 square foot office building, located at 1906 N Higley Rd in Mesa, Arizona (zip code 85205, Maricopa County), presents a lucrative investment opportunity. Built in 2006 and extensively renovated in 2023, this single-story building boasts a modern design and high-quality finishes. The property is zoned L1 and features nine individual units, currently operating at 65% occupancy. The asking price is $1,150,000, translating to a price per square foot of $360. The net rentable area is 3,750 square feet, spread across a single building. The current owner occupies approximately 2,000 square feet, utilizing the space for their real estate and software businesses. Convenient amenities for tenants include a shared conference room and a common kitchen area equipped with a refrigerator and microwave. This property offers a blend of established tenancy and potential for increased revenue through lease-up of the vacant units. The property's strategic location in Mesa, Arizona, ensures easy access to major transportation routes and a thriving business community. This is a rare opportunity to acquire a well-maintained, high-performing office building in a desirable market. The APN is 141-35-048.

Highlights

  • 3,750 SF office building in Mesa, AZ (85205), asking $1,150,000 ($306/SF).
  • Single-story building, built in 2006, renovated in 2023.
  • Nine individual units, currently 65% occupied.
  • L1 zoning.
  • APN: 141-35-048.

Property Details for 1906 Higley Rd

Property type
Office properties
Square Feet
3,750 SF
Year Built/Renovated
2006/2023
Buildings
1
Stories
1
Units
9

Location Insight

City
Mesa
County
Maricopa
State
Arizona
Latitude
33.45019452
Longitude
-111.71936285

FAQs

What type of property is this?
Office property - High-yield office investment in Mesa, AZ.
Where is the office property located?
The property is located at 1906 Higley Rd Mesa, AZ.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 3,750 SF office building in Mesa, AZ (85205), asking $1,150,000 ($306/SF).; Single-story building, built in 2006, renovated in 2023.; Nine individual units, currently 65% occupied.
How can I contact the broker?
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1906 Higley Rd
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