For Sale
$1,200,000
1423 Higley Rd Mesa, AZ 85206
Prime East Mesa Office, High NOI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 127
Highlights
- $1,200,000 asking price for a Class A, 3,600 square foot office condo in Mesa, Arizona.
- Owner-user opportunity with existing rental income, currently 80% occupied with 10 tenants.
- Gross lease structure, offering a 4.00% cap rate and a pro-forma cap rate of 5.26%.
- Property features include a recently renovated (2020) building, built in 2000, with a reception area, kitchen, and multiple restrooms.
- Located at 1423 S Higley Rd, Mesa, AZ 85206, on a high-traffic road.
Property Details for 1423 Higley Rd
- Property type
- Office properties
- Square Feet
- 3,600 SF
- Class
- A
- Year Built/Renovated
- 2000/2020
- Buildings
- 1
- Stories
- 1
Location Insight
- City
- Mesa
- County
- Maricopa
- State
- Arizona
- Latitude
- 33.3894764
- Longitude
- -111.7191053
1423 Higley Rd, Mesa, Arizona
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - Prime East Mesa Office, High NOI
- Where is the office property located?
- The property is located at 1423 Higley Rd Mesa, AZ.
- What is the asking price?
- The asking price for this property is $1,200,000.
- What are key features of this property?
- This property features: $1,200,000 asking price for a Class A, 3,600 square foot office condo in Mesa, Arizona.; Owner-user opportunity with existing rental income, currently 80% occupied with 10 tenants.; Gross lease structure, offering a 4.00% cap rate and a pro-forma cap rate of 5.26%.
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