Share This Listing

Message

931 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Fully NNN Cash-Flowing MOB 1818 E Baseline Rd 9,101 SF 100% Leased Office Building Mesa, AZ 85204 $2,352,746 ($258.52/SF) 6.39% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • 1818 E Baseline includes two renovated office buildings that are 100% leased on NNN agreements, providing a cash-flowing, low maintenance investment.
  • Recent upgrades include new HVAC, paint, lighting, asphalt, and signage, enhancing value and reducing near-term capital expenditures.
  • Just minutes from major freeways and retail, the property ensures simplified commutes and an improved work-life balance for employees.
  • Spanning 9,100 SF, the buildings offer modern suites with glass offices, reception areas, break rooms, and ADA-compliant restrooms.
  • Located near top medical centers, the site is ideal for healthcare users seeking referrals and collaboration with the regional medical network.

EXECUTIVE SUMMARY

Great income producing property BELOW MARKET with a CAP Rate of 6.39% and a potential of 7.5% once the basement office is leased out. The basement office lends for affordability, privacy, and a unique work environment of 1,900 sq.ft. available at $14/sq.ft Strategically located across the street, just steps away from Gilbert. Excellent value Gilbert location at Mesa prices. Just west of Gilbert Road, near the US-60 freeway, making it easily accessible. Boarders the Town of Gilbert which is across the street. Seller will Carry $1 million if needed. Ideal for a medical practice or other professional services due to its established use and proximity to the Mesa and Gilbert communities. The Learning Center Tenant has 3 years left of a 5-year lease and the Dermatology Tenant has 2 years left of a 5-year lease. Working on leasing out the basement office. Pediatric Office 2,400 sq.ft., Pinnacle Dermatology Office 4,800 sq.ft. See Rent Roll in Photos Tab.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
9,101 SF
Building Class
B
Year Built
1996
Price
$2,352,746
Price Per SF
$258.52
Cap Rate
6.39%
NOI
$150,384
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,551 SF
Building FAR
0.17
Lot Size
1.24 AC
Zoning
C-N - Neighborhood commercial medical, C-N
Parking
66 Spaces (7.25 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Fenced Lot
  • Signage
  • Wheelchair Accessible
  • Basement
  • Central Heating
  • Natural Light
  • Plug & Play
  • Reception
  • Recessed Lighting
  • Drop Ceiling
  • Wi-Fi
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • Basement
  • 1,900 SF
  • Office
  • Full Build-Out
  • Now

Position your business in a prime Mesa location at 1818 E Baseline Rd, a well-maintained Class B medical office building offering a unique basement suite opportunity. This 1,900 SF space delivers affordability and privacy while maintaining excellent accessibility. Situated just west of Gilbert Road and minutes from the US-60 freeway, the property ensures seamless connectivity to Mesa’s thriving residential neighborhoods and the broader Phoenix metro area. The building’s established medical tenancy, including Pinnacle Dermatology and pediatric specialists, creates a professional environment ideal for healthcare providers or office users seeking synergy with complementary practices. The available suite is built out as standard office space, featuring a break room, private bathroom, and conference area, providing a functional layout for immediate occupancy. Mesa’s strong demographics, with a growing population and proximity to major employment hubs, enhance the property’s appeal. The location boasts a Walk Score of 73, indicating convenient access to nearby retail, dining, and services, while a Transit Score of 30 offers some public transportation options. Modified Gross lease terms and competitive pricing at $14/SF/YR make this an exceptional value for businesses prioritizing cost efficiency without sacrificing quality.

Space Size Space Use Condition Available
Basement 1,900 SF Office Full Build-Out Now

Basement

Size
1,900 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

Basement

Size 1,900 SF
Space Use Office
Condition Full Build-Out
Available Now

Position your business in a prime Mesa location at 1818 E Baseline Rd, a well-maintained Class B medical office building offering a unique basement suite opportunity. This 1,900 SF space delivers affordability and privacy while maintaining excellent accessibility. Situated just west of Gilbert Road and minutes from the US-60 freeway, the property ensures seamless connectivity to Mesa’s thriving residential neighborhoods and the broader Phoenix metro area. The building’s established medical tenancy, including Pinnacle Dermatology and pediatric specialists, creates a professional environment ideal for healthcare providers or office users seeking synergy with complementary practices. The available suite is built out as standard office space, featuring a break room, private bathroom, and conference area, providing a functional layout for immediate occupancy. Mesa’s strong demographics, with a growing population and proximity to major employment hubs, enhance the property’s appeal. The location boasts a Walk Score of 73, indicating convenient access to nearby retail, dining, and services, while a Transit Score of 30 offers some public transportation options. Modified Gross lease terms and competitive pricing at $14/SF/YR make this an exceptional value for businesses prioritizing cost efficiency without sacrificing quality.

Walk Score®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
139-09-003A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$210,642
  • Listing ID: 33613841

  • Date on Market: 9/23/2025

  • Last Updated:

  • Address: 1818 E Baseline Rd, Mesa, AZ 85204

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}