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Bldg 9 3048 E Baseline Rd

5,000 SF Office Building Mesa, AZ 85204 $2,083,625 ($417/SF) 5.75% Cap Rate

Executive Summary

• Fully Built-Out Medical Office Condominium
• 100% Leased to Optum, a United Healthcare Subsidiary
• Approx. Three Years Remaining on Initial Lease Term w/ Three, 3-year Options to Renew
• 12 Wet Exams, Medical Assistant Station, Lobby, Break, & 2 ADA Restrooms
• Close Proximity to Dignity Health Arizona General Hospital & Banner Gateway Medical Center
• Easy Access to SR-60

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,000 SF
Building Class
B
Year Built
2003
Price
$2,083,625
Price Per SF
$417
Cap Rate
5.75%
NOI
$119,808
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,000 SF
Zoning
PAD / L-C - Planned Area Development/Limited Commercial

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 140-64-423
  • 140-64-424
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$96,218
  • Listing ID: 32619304

  • Date on Market: 7/29/2024

  • Last Updated:

  • Address: 3048 E Baseline Rd, Mesa, AZ 85204

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