For Sale
Mesa, AZ
Commercial Real Estate Market Trends & Data
$402 per SF
Avg asking sale price
$30 per SF
Avg asking lease rate
8,974 SF
Avg unit lease size
28,097 SF
Avg building size for sale
6.16%
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% |
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↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Mesa | $293 | 20,021 SF | 8.09% |
| Gilbert | $397 | 10,475 SF | 7.00% |
| Apache Junction | $578 | 6,054 SF | 6.27% |
| Fountain Hills | $225 | 5,992 SF | 5.00% |
| Tempe | $451 | 23,448 SF | 8.00% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Mesa | $519 | 37,950 SF |
| Gilbert | $984 | 14,809 SF |
| Apache Junction | $824 | 8,955 SF |
| Fountain Hills | $427 | 2,508 SF |
| Tempe | $583 | 9,891 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Mesa | $208 | 27,192 SF | 4.94% |
| Gilbert | $296 | 26,904 SF | 4.94% |
| Tempe | $273 | 37,219 SF | 6.47% |
| Paradise Valley | $970 | 1,886 SF | 5.93% |
| 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.
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
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 | $402 | 28,097 SF |
| Gilbert | $516 | 16,023 SF |
| Apache Junction | $749 | 11,091 SF |
| Fountain Hills | $377 | 3,683 SF |
| Tempe | $398 | 22,293 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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