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625 W Southern Ave 5,157 SF 100% Leased Office Building Mesa, AZ 85210 $2,057,920 CAD ($399.05 CAD/SF) 5.96% Cap Rate

Medical Offices Arizona Mesa 625 W Southern Ave, Mesa, AZ 85210

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INVESTMENT HIGHLIGHTS

  • Great Investment Property with NNN Tenant Currently in Place
  • 26 Offices, Reception Area, Conference Room, Kitchen/Coffee Rooms, 4 Restrooms
  • Excellent Frontage to Southern Ave.

EXECUTIVE SUMMARY

Great income producing property zoned OC with a CAP Rate of 5.86% for the life the current 84-month NNN Lease! The current Tenant is into their 3rd year of their lease and (2) 5yr extensions are available, each at a market rent rate determined at the time of renewal. The current Tenant acts as the property manager. If you are looking for an office building to occupy as an owner/operator, the Tenant is willing to terminate the lease and relocate. Excellent frontage to Southern Ave.
Do not disturb the current tenant.

ATTACHMENTS

625 W. Southern - Property Flyer

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
5,157 SF
Building Class
C
Year Built
1973
Price
$2,057,920 CAD
Price Per SF
$399.05 CAD
Cap Rate
5.96%
NOI
$122,638 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,157 SF
Building FAR
0.27
Lot Size
0.44 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
OC - City of Mesa Zoned "OC"
Parking
24 Spaces (4.65 Spaces per 1,000 SF Leased)

AMENITIES

  • Controlled Access
  • Property Manager on Site
  • Security System
  • Signage
  • Reception
  • Monument Signage
  • Air Conditioning
  • Smoke Detector
1 1
Walk Score®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 134-22-004W Improvements Assessment $0 CAD
Land Assessment $0 CAD Total Assessment $109,537 CAD

PROPERTY TAXES

Parcel Number
134-22-004W
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$109,537 CAD
(602) 777-0456

Still interested?

Contact the broker for more information about this property

CONTACT

  • Listing ID: 36375867

  • Date on Market: 2025-06-24

  • Last Updated:

  • Address: 625 W Southern Ave, Mesa, AZ 85210

The Central Mesa Office Property at 625 W Southern Ave, Mesa, AZ 85210 is currently available. Contact American Realty Brokers for more information.

OFFICE PROPERTIES IN NEARBY NEIGHBORHOODS

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625 W Southern Ave, Mesa, AZ for sale Building Photo- Image 1 of 9
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Building North Entry
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Building East
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Building South
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Building Layout
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625 W Southern Ave
(602) 777-0456 x

625 W Southern Ave

Robert Kapelke
(602) 777-0456

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