Bldg 10 2222 S Dobson Rd 5,248 SF 100% Leased Office Building Mesa, AZ 85202 $1,695,000 ($322.98/SF) 6.52% Cap Rate

Located in the heart of Mesa’s thriving Superstition Corridor, 2222 S Dobson Rd, Building 10 offers investors a rare opportunity to acquire a stabilized, single-tenant office asset with a recession-resistant healthcare tenant. This 5,248 SF professional building is fully leased to Noble Hospice, a highly rated local provider of hospice and palliative care services with a 4-Star Medicare rating and a 4.8-Star Google review average. The Full Service lease structure ensures passive ownership, with no operational or maintenance responsibilities for the landlord.
The property delivers a secure 6.52% capitalization rate and is ideally suited for 1031 exchange buyers or hands-off investors seeking long-term income. Strategically positioned near Banner Desert Medical Center and Mesa Community College, the building benefits from a dense daytime population of over 237,000 within a five-mile radius. The Superstition Corridor submarket is characterized by strong fundamentals, including a low 6.1% vacancy rate for 3-Star properties, 3.0% annual rent growth, and zero new office construction, reinforcing the asset’s long-term value.
The building’s layout is optimized for medical or professional use, featuring a welcoming reception area, multiple private offices and exam rooms, a central bullpen, conference room, break room, and restrooms. With LC zoning and a 4.38/1,000 parking ratio, the site offers excellent accessibility and functionality for service-based tenants.