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Bldg 10A & 10B 1423 S Higley Rd
3,600 SF Office Building Mesa, AZ 85206 $1,200,000 ($333/SF) 4% Cap Rate
Investment Highlights
- Turn Key Investment, Owner/User Combination Opportunity
- Thriving East Mesa Location off HWY 60 with a 37,000 Plus Traffic Count
- 24 Plus Years of Owner/User Pride of Ownership
- 4 Covered Parking Spaces
Executive Summary
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$72,600
|
$20.17
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$72,600
|
$20.17
|
| Taxes |
$7,428
|
$2.06
|
| Operating Expenses |
$17,556
|
$4.88
|
| Total Expenses |
$24,984
|
$6.94
|
| Net Operating Income |
$47,616
|
$13.23
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $72,600 |
| Annual Per SF | $20.17 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $72,600 |
| Annual Per SF | $20.17 |
| Taxes | |
|---|---|
| Annual | $7,428 |
| Annual Per SF | $2.06 |
| Operating Expenses | |
|---|---|
| Annual | $17,556 |
| Annual Per SF | $4.88 |
| Total Expenses | |
|---|---|
| Annual | $24,984 |
| Annual Per SF | $6.94 |
| Net Operating Income | |
|---|---|
| Annual | $47,616 |
| Annual Per SF | $13.23 |
Property Facts
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
I have two suites available for lease. they are about 120 square feet eacg, both have windows, and are in excellent condition. The monthly cost is $550.00 each. This includes, internet, utilities, and 24 hour access. There is a kitchen onsite as well.
I have two suites available for lease. they are about 120 square feet eacg, both have windows, and are in excellent condition. The monthly cost is $550.00 each. This includes, internet, utilities, and 24 hour access. There is a kitchen onsite as well.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 120 SF | Office | Full Build-Out | Now |
| 1st Floor | 120 SF | Office | - | Now |
1st Floor
| Size |
| 120 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size |
| 120 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Floor
| Size | 120 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
I have two suites available for lease. they are about 120 square feet eacg, both have windows, and are in excellent condition. The monthly cost is $550.00 each. This includes, internet, utilities, and 24 hour access. There is a kitchen onsite as well.
1st Floor
| Size | 120 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
I have two suites available for lease. they are about 120 square feet eacg, both have windows, and are in excellent condition. The monthly cost is $550.00 each. This includes, internet, utilities, and 24 hour access. There is a kitchen onsite as well.
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $140,543 | |
| Land Assessment | $0 | Annual Taxes | $7,428 ($2.06/SF) |
| Improvements Assessment | $0 | Tax Year | 2024 |
PROPERTY TAXES
-
Eric Hegarty -
SJ Fowler Real Estate, Commercial
Presented by
Bldg 10A & 10B | 1423 S Higley Rd
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