Contacts

Grafton Milne

Menlo Group

(480) 771-7628

Property Details

Property Type Office - General Office
Property Size 17,760 SF
Property Tenancy Single Tenant
Building Class B
Year Built 1989
Date Updated Mar 22, 2024

This offering is located on the north side of University Dr one block west of Lindsay Rd in Mesa, Arizona. This property is in the established North Mesa area of the valley which has high demographics and strong population numbers. This freestanding commercial building offers monument signage, plentiful parking (including covered), and well-kept landscaping. With easy access to Loop 202 and US 60, along with business, retail, and medical amenities, this property is ideally located for any buyer.This offering is for a fully occupied professional freestanding office located on the north side of University Dr one block west of Lindsay Rd in Mesa, Arizona. This is an administrative office for American Vision Partners whose Ten (10) Year NNN Lease expires on April 4, 2027. This property is in the established North Mesa area of the valley with high demographics and strong population numbers. This freestanding commercial building offers monument signage, plentiful parking (including covered), and well-kept landscaping. With easy access to Loop 202 and US 60, along with business, retail, and medical amenities, this property is ideally located for any buyer.

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Highlights

Purchase Price: $4,181,211.00 (7.14% Cap)
NOI: $298,609.62 ($16.81 PSF NNN)
100% occupied but inquire for owner/user potential
Administrative Building for American Vision Partners
Single Tenant Freestanding Building
NNN Lease with some Landlord maintenance responsibility
Ten (10) Year Lease with Term through April 4, 2027
Two Percent (2%) Annual Increases
OC Zoning - City of Mesa

Getting around

68/100
Walk Score ®
36/100
Transit Score ®
70/100
Bike Score ®

Powered by Walk Score ®

Location

City Mesa, AZ
Neighborhood Meadowgreen
Zip Code 85213
Market Phoenix

Points of Interest

Gilbert Rd/ Main St

1.05 miles
Stapley/ Main St

1.73 miles
Mesa Dr/ Main St

2.78 miles
Center/ Main St

3.26 miles
Mesa Railroad Station

3.70 miles
Country Club/ Main St

3.74 miles
American Liberty Transportation

4.21 miles
Alma School/ Main St

4.67 miles
Sycamore/ Main St

5.58 miles
Independence Transport Services

6.09 miles

Arco

0.20 miles
Circle K

0.26 miles
Fry's Fuel Center

1.08 miles
Chevron

1.21 miles
Shell

1.26 miles
Arco

1.27 miles
Circle K

1.30 miles
QuikTrip

1.31 miles
Jesse's

1.33 miles
Chevron

1.59 miles

Gilbert Road Park & Ride

1.05 miles
Mesa Drive & Main Street Park & Ride

2.74 miles
Pomeroy Parking Garage

2.93 miles
Centennial Garage

3.09 miles
Sirrine Parking Garage

3.20 miles
Pepper Place Garage

3.37 miles
Green Lot

3.41 miles
Gold Lot

3.42 miles
Purple Lot

3.53 miles
Orange Lot

3.55 miles

Starlight Motel

0.50 miles
Quality Inn & Suites

1.16 miles
Hotel Mesa Inn and Suites

1.32 miles
The Frontier Motel

1.75 miles
Travelodge

2.13 miles
Baymont

2.49 miles
Best Western Plus

2.56 miles
Super 8

2.61 miles
Delta Hotels

3.10 miles
Soba Suites

3.52 miles

Ross

0.51 miles
Big Lots

0.52 miles
Melrose Family Fashions

0.53 miles
Fry's Food and Drug

1.16 miles
Sprouts Farmers Market

1.22 miles
Mercado y Carniceria El Rancho

1.26 miles
Albertsons

1.32 miles
Food City

1.63 miles
Walmart Neighborhood Market

1.81 miles
Bealls Outlet

2.00 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Map of Property

2610 E University Dr