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Fully Leased Multi-Tenant Office Investment i 919-925 N Stapley Dr 9,216 SF 100% Leased Office Building Mesa, AZ 85203 $2,049,000 ($222.33/SF) 4.77% Cap Rate
Investment Highlights
- Established long term Tenant base with demonstrated occupancy stability
- 100% Occupied
- 45 dedicated parking spaces (Excellent 4.88/1,000 SF ratio) with covered and uncovered options
- Prominent high-visibility monument and building signage on Stapley Dr
- Direct, easy access to both the Loop 202 and US-60 freeways
Executive Summary
Rare commercial opportunity featuring two side-by-side, freestanding office buildings totaling 9,216 SF of well-maintained masonry construction. Situated on a 0.90-acre lot along the highly traveled Stapley Drive corridor, this fully occupied property provides immediate, stabilized cash flow from an established mix of professional and medical tenants. Renovations include new roofs, resurfaced parking lot, and some new A/C units within the last 7 years. Both buildings feature highly flexible, move-in-ready layouts equipped with private offices, dedicated reception areas, and private restrooms. Positioned in a thriving East Valley commercial pocket just minutes from local dining, retail, and strong daytime demographics. Don't miss this versatile, stabilized investment package.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$144,116
|
$15.64
|
| Other Income |
$4,675
|
$0.51
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$148,791
|
$16.14
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$51,122
|
$5.55
|
| Net Operating Income |
$97,669
|
$10.60
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $144,116 |
| Annual Per SF | $15.64 |
| Other Income | |
|---|---|
| Annual | $4,675 |
| Annual Per SF | $0.51 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $148,791 |
| Annual Per SF | $16.14 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $51,122 |
| Annual Per SF | $5.55 |
| Net Operating Income | |
|---|---|
| Annual | $97,669 |
| Annual Per SF | $10.60 |
Property Facts
Sale Type
Investment
Property Type
Building Size
9,216 SF
Building Class
C
Year Built/Renovated
1978/2019
Price
$2,049,000
Price Per SF
$222.33
Cap Rate
4.77%
NOI
$97,669
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,216 SF
Building FAR
0.24
Lot Size
0.90 AC
Zoning
C-2, Mesa - Commercial
Parking
45 Spaces (4.88 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Reception
- Monument Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Del Angel Photography
- Professional, Scientific, and Technical Services
- 1,152 SF
- -
- Modified Gross
- -
- Elevation Academy of Nursing
- Educational Services
- 1,152 SF
- -
- Modified Gross
- -
- Farmers Insurance
- Professional, Scientific, and Technical Services
- 576 SF
- -
- -
- -
- Hubaal Home Health
- Health Care and Social Assistance
- 576 SF
- -
- -
- -
- Opie, Delbert Dc
- Health Care and Social Assistance
- 576 SF
- -
- -
- -
- R&S Premier Homes
- Real Estate
- 576 SF
- -
- -
- -
- Sanders Family Transport
- Transportation and Warehousing
- 576 SF
- -
- -
- -
- Skousen Tax Svc
- Professional, Scientific, and Technical Services
- 1,152 SF
- -
- -
- -
- Taxes Affordable LLC
- Professional, Scientific, and Technical Services
- 576 SF
- -
- -
- -
- Tree of Life
- Health Care and Social Assistance
- 576 SF
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Del Angel Photography | Professional, Scientific, and Technical Services | 1,152 SF | - | Modified Gross | - | |
| Elevation Academy of Nursing | Educational Services | 1,152 SF | - | Modified Gross | - | |
| Farmers Insurance | Professional, Scientific, and Technical Services | 576 SF | - | - | - | |
| Hubaal Home Health | Health Care and Social Assistance | 576 SF | - | - | - | |
| Opie, Delbert Dc | Health Care and Social Assistance | 576 SF | - | - | - | |
| R&S Premier Homes | Real Estate | 576 SF | - | - | - | |
| Sanders Family Transport | Transportation and Warehousing | 576 SF | - | - | - | |
| Skousen Tax Svc | Professional, Scientific, and Technical Services | 1,152 SF | - | - | - | |
| Taxes Affordable LLC | Professional, Scientific, and Technical Services | 576 SF | - | - | - | |
| Tree of Life | Health Care and Social Assistance | 576 SF | - | - | - |
Fairly walkable
40/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 137-03-209A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $61,367 |
Property Taxes
Parcel Number
137-03-209A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$61,367
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