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The Dande - For Sale 1906 N Higley Rd 3,600 SF 90% Leased Flex Building Mesa, AZ 85205 $1,250,000 ($347.22/SF) 8.92% Cap Rate
Investment Highlights
- Industrial Building Converted to Class A Office Space in Mesa, AZ
Executive Summary
This newly renovated office building offers 3,600 square feet of versatile workspace and is available for sale at $1.25 million, boasting a 8.9% cap rate. The property features seven built-out office spaces, each averaging 250 square feet, with the flexibility to accommodate up to four additional offices if needed. Ideal for a variety of business needs, the space can also be configured for two separate users, providing leasing flexibility.
Key amenities include a conference room, a kitchen, and an open area, creating a functional and collaborative work environment. Whether you're looking for a turnkey office solution or a space that can grow with your business, this property offers a prime opportunity for ownership and customization.
Key amenities include a conference room, a kitchen, and an open area, creating a functional and collaborative work environment. Whether you're looking for a turnkey office solution or a space that can grow with your business, this property offers a prime opportunity for ownership and customization.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $1,250,000 | Lot Size | 0.49 AC |
| Price Per SF | $347.22 | Rentable Building Area | 3,600 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8.92% | Year Built | 2006 |
| Property Type | Flex | Parking Ratio | 3.33/1,000 SF |
| Property Subtype | Light Distribution | Clear Ceiling Height | 22’ |
| Building Class | A | ||
| Zoning | LI - LI - Light Industrial | ||
| Price | $1,250,000 |
| Price Per SF | $347.22 |
| Sale Type | Investment |
| Cap Rate | 8.92% |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | A |
| Lot Size | 0.49 AC |
| Rentable Building Area | 3,600 SF |
| No. Stories | 1 |
| Year Built | 2006 |
| Parking Ratio | 3.33/1,000 SF |
| Clear Ceiling Height | 22’ |
| Zoning | LI - LI - Light Industrial |
Amenities
- Security System
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 141-35-048 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $82,425 |
Property Taxes
Parcel Number
141-35-048
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$82,425
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Dande CRE
The Dande - For Sale | 1906 N Higley Rd
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