3654 Power RdMesa, AZ 85215

Property Details for 3654 Power Rd

Lot size

4.13 AC

Zone code

LC

Property type

Office properties

APN

141-71-233

APU

14171233

Description

This exceptional 1,522 square foot executive office condo is available for lease in the desirable Red Mountain/Mesa Ret submarket of Mesa, Arizona. Located within a larger building totaling 4,886 square feet, this Class B property offers a prime opportunity for businesses seeking a well-appointed and recently renovated space. Built in 2006, the building sits on a generous 4.13-acre lot (APN 141-71-220, Maricopa County). The suite itself boasts a modern layout including a reception area, two private offices, a conference room, a break room, a bullpen workspace, and a restroom. Recent renovations are evident in the updated glass conference room, ensuring a professional and contemporary feel. The property is offered as a multi-tenant building, providing a collaborative yet private work environment. This is an ideal space for a growing business seeking a move-in ready, well-equipped office solution in a convenient Mesa location. The suite's 1,522 square feet provides ample room for expansion and customization to meet specific business needs. The property's location within the Red Mountain/Mesa Ret submarket offers easy access to major transportation routes and a variety of amenities. Don't miss this chance to secure this exceptional office space.

• CAP approach

  CAP return

  Valuation

  6%

  $57,002,236

  6.5%

  $52,617,452

  7%

  $48,859,060

• Comparable approach

  Method

  Valuation

  Relative Method

  $40,561,764

  Geo Method

  $40,561,764

• Alternative Use

  Use

  Valuation

  Residential

  $65,245,640

  Hospitality

  $59,764,652

  Educational

  $49,723,492

  Medical

  $51,433,556

  Retail

  $77,347,648

Location Insight

City

Mesa

County

Maricopa

State

Arizona

Latitude

33.4817

Longitude

-111.686

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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