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3035 S Ellsworth Rd - Bldg 5
2,061 SF Office/Medical Condo Unit Offered at $908,599 in Mesa, AZ 85212
Investment Highlights
- ST NNN Investment Opportunity
- Strong Tenant Operating Since 2007
- Well Located Offices Throughout the Phoenix and Tucson Markets
- Brand New 5 Year Lease w/ 3% Annual Increases
- Part of a 7 Property Portfolio Available Together or Separate
Executive Summary
Mesquite Canyon Professional Center is located in Mesa, AZ in a thriving commercial district. The area offers diverse dining, retail, and entertainment options, creating a vibrant business atmosphere. Nearby attractions like Superstition Springs Center and Phoenix-Mesa Gateway Airport contribute to the bustling economic landscape. The area is also near natural landscapes such as Usery Mountain Regional Park, providing opportunities for recreation and relaxation.
Property Facts
| Price | $908,599 | Building Class | B |
| Unit Size | 2,061 SF | Floors | 1 |
| No. Units | 1 | Typical Floor Size | 4,265 SF |
| Total Building Size | 4,401 SF | Year Built | 2005 |
| Property Type | Office (Condo) | Lot Size | 0.10 AC |
| Property Subtype | Medical | Parking Ratio | 6/1,000 SF |
| Sale Type | Investment |
| Price | $908,599 |
| Unit Size | 2,061 SF |
| No. Units | 1 |
| Total Building Size | 4,401 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Sale Type | Investment |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 4,265 SF |
| Year Built | 2005 |
| Lot Size | 0.10 AC |
| Parking Ratio | 6/1,000 SF |
1 Unit Available
Unit 135
| Unit Size | 2,061 SF | Sale Type | Investment |
| Price | $908,599 | Cap Rate | 6.50% |
| Price Per SF | $440.85 | NOI | $59,058.94 |
| Condo Use | Office/Medical | APN/Parcel ID | 304-02-862 |
| Unit Size | 2,061 SF |
| Price | $908,599 |
| Price Per SF | $440.85 |
| Condo Use | Office/Medical |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| NOI | $59,058.94 |
| APN/Parcel ID | 304-02-862 |
Sale Notes
SVN is pleased to present to the market this NNN investment opportunity located in Mesa, AZ. The property consists of a 2,061 SF office condo currently occupied by Advanced Pain Management. While the tenant has operated out of this location for many years, they recently executed a brand new lease commencing in August 2024 and continuing through July 2029 with three percent (3%) annual increases. The lease is a true NNN lease in which the tenant reimburses the Landlord for expenses and is responsible for all repairs including HVAC repairs and/or replacement. The common areas are managed by an association. This offering is part of a larger portfolio of seven properties for sale that can be purchased together or separately.
Amenities
- Air Conditioning
-
Justin Horwitz -
Richard Lewis -
Aaron Gutierrez -
Sean Alderman -
SVN | Desert Commercial Advisors
Presented by
3035 S Ellsworth Rd - Bldg 5
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