Mesa, AZ
Commercial Real Estate Market Trends & Data

$416 Avg asking sale price
$322 Avg asking lease rate
12,734 SF Avg unit lease size
28,827 SF Avg building size for sale
6.05% Average cap rate

Mesa's Demographic Profile

Mesa has 206,466 households and a median income of $70,169, providing context for rent absorption and tenant demand across retail and multifamily assets. A +8% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 541,569
# Households 206,466
Median age 38
Median household income $70,169
Avg household size 3.0
Renter-occupied housing units 76,302
5-year population change +8%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Mesa, AZ

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Mesa $291 15,086 SF 8.00%
Gilbert $400 6,270 SF 7.00%
Fountain Hills $232 5,550 SF 5.00%
Tempe $412 23,346 SF 8.00%
Paradise Valley $565 6,374 SF 7.20%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Mesa $311 33,112 SF 6.47%
Tempe $300 16,498 SF 5.15%
Nearby Retail Markets Avg Cost/SF Typical Size
Mesa $567 29,233 SF
Gilbert $819 11,567 SF
Apache Junction $829 9,423 SF
Fountain Hills $439 2,356 SF
Tempe $580 9,652 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Mesa $217 25,151 SF 6.10%
Gilbert $296 26,904 SF 4.94%
Tempe $389 31,942 SF 6.47%
Queen Creek $296 25,371 SF 4.94%

Commercial Properties For Sale in Mesa

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

260 S Hibbert St

Mesa, AZ 85210

  • 71,272 SF Industrial Building
  • $11,000,000
For Sale

Pomeroy 7 Plex

Mesa, AZ 85210

  • 2,884 SF Multifamily
  • 6.10% Cap Rate
  • $399,900
For Sale

STARBUCKS w/ DR-THRU | 2025 CONSTRUCTION

Mesa, AZ 85207

  • 1,466 SF Retail Building
  • 5.00% Cap Rate
  • $3,180,000
For Sale

Fully Leased Multi-Tenant Office Investment i

Mesa, AZ 85203

  • 9,216 SF Office Building
  • 4.70% Cap Rate
  • $2,049,000
For Sale

Mesa Terrace

Mesa, AZ 85203

  • 30,022 SF Multifamily
  • 6.03% Cap Rate
  • $5,610,000
For Sale

3184 N Colorado St

Chandler, AZ 85225

  • 9,506 SF Industrial Building
  • $2,895,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Mesa pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Mesa $416 28,827 SF
Gilbert $483 13,339 SF
Apache Junction $837 11,180 SF
Fountain Hills $389 3,483 SF
Tempe $376 24,161 SF

Regional Demographic Comparison

This comparison places Mesa alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Mesa or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Mesa 541,569 206,466 38 $70,169 3 76,302 8%
Gilbert 281,261 92,548 36 $112,425 3 25,119 8%
Apache Junction 44,555 19,913 52 $52,798 2 4,565 23%
Fountain Hills 28,611 13,771 62 $95,884 2 2,706 11%
Tempe 187,770 78,538 32 $67,701 2 48,816 7%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Mesa, AZ and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Mesa

View All Commercial Real Estate For Sale in Mesa
Is Mesa a good market for a first-time commercial real estate investor?

Mesa offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Mesa?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Mesa. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Mesa?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Mesa. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Mesa compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Mesa. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Mesa acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Mesa, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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