This exceptional 5,122 square foot Class B medical office building in Mesa, Arizona, presents a compelling investment opportunity. Located at 4827 E Southern Ave, this single-story, 100% occupied property boasts a strong 5.25% cap rate and a substantial net operating income (NOI) of $115,515.84. The property features two medical tenants under long-term NNN leases: Whiting Dental, soon to sign a new 7-year lease, and Grace Dental Studio, with a brand new 5-year lease. Suite 100 encompasses approximately 2,600 square feet, including reception, conference room, two offices, break room, two restrooms, eight exam rooms, and a lab room. Suite 200 offers approximately 2,522 square feet, featuring reception, conference room, break room, four offices, a bullpen, and two restrooms. The property sits on a 34,914 square foot lot and offers ample parking (8.08 spaces per 1,000 sq ft). The asking price is $2,200,301, translating to $429.57 per square foot. Permitted zoning is OC, City of Mesa, and the APN is 140-54-005R. Built in 2000, this property offers a stable, high-performing investment with significant upside potential. This is a turnkey investment opportunity with minimal vacancy risk.
Highlights
Fully leased medical office condo in Mesa, AZ with long-term NNN leases.
Whiting Dental will execute a new 7-year lease upon closing.
Grace Dental Studio has a brand new 5-year lease.
Suite 100: 2,600 SF, reception, conference room, 2 offices, break room, 2 restrooms, 8 exam rooms, and lab.
Suite 200: 2,522 SF, reception, conference room, break room, 4 offices, bullpen, and 2 restrooms.
Investment opportunity: fully leased NNN medical condo with two tenants.
How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Contacts
Tyson Breinholt
Clifford Jenkins
Visit Broker Website
Learn more
Useful Information
Request information
4827 Southern Ave, Mesa, Arizona, 85206
Message sent successfully
Error
Email this Information
Message sent successfully
Error
Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
4827 Southern Ave
Sign Up
Already a member?
Just one more step, let’s verify your email
We have sent a verification link to
Please check your inbox to complete the process.
Just click on the link in that email to complete your Sign up.
If you don’t see it, you may need to check your spam folder.
Email verification link expired
It seems that the verification link has expired.
No worries! We can send you a new link to email
Log In
Don't have an account?
Reset your password
New to Paperhouses?
Paperhouses
Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
Check your email
We've resent password reset instructions to if it is an email on file.
Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password.
If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.