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City Center Plaza 2 Properties Offered at $3,500,000 in Mesa, AZ
Investment Highlights
- Traffic Count 35.9k on Country Club and 27.3k on University Drive
Executive Summary
recent price reduction from $4,000,000 to $3,500.000
Taxes & Operating Expenses (Actual - 2025) |
Annual |
|---|---|
| Gross Rental Income |
$367,680
|
| Other Income |
$57,618
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$425,298
|
| Taxes |
$46,298
|
| Operating Expenses |
$95,320
|
| Total Expenses |
$141,618
|
| Net Operating Income |
$283,680
|
Taxes & Operating Expenses (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $367,680 |
| Other Income | |
|---|---|
| Annual | $57,618 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $425,298 |
| Taxes | |
|---|---|
| Annual | $46,298 |
| Operating Expenses | |
|---|---|
| Annual | $95,320 |
| Total Expenses | |
|---|---|
| Annual | $141,618 |
| Net Operating Income | |
|---|---|
| Annual | $283,680 |
Property Facts
| Price | $3,500,000 | Number of Properties | 2 |
| Price / SF | $100.53 / SF | Individually For Sale | 0 |
| Cap Rate | 8.09% | Total Building Size | 34,816 SF |
| Sale Type | Investment | Total Land Area | 2.68 AC |
| Status | Active |
| Price | $3,500,000 |
| Price / SF | $100.53 / SF |
| Cap Rate | 8.09% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 34,816 SF |
| Total Land Area | 2.68 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 423 N Country Club Dr, Mesa, AZ 85201 | Office | 18,600 SF | 1969 | - |
| 340 W University Dr, Mesa, AZ 85201 | Retail | 16,216 SF | 1975 | - |
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City Center Plaza