Office - Value Add, Mesa, AZ

Listing was updated at: 11/20/2019
Property Overview
Price/Rent PSF $ 3,750,000.00
Asset Type Office
Trade Type Sale
SQ. FT. Available 65,839
Date Available 11/20/2019
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Parking 278
Floors 4
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Description

Location
Directions - From North Loop 202 take Arizona Avenue (Country Club) south to Brown Road (approx. 2 miles). West on Brown Road, building is on the north side of the road.


Sale
65,839 sf office building for sale. 4-story center-core building. Multi-tenancy. Half of the building's rented space has been remodeled with one tenant occupying 50% of the building. Remainder of building needs updated, remodeled and leased up.

Offering Memorandum Includes:
* Rent Roll
* Two Years of Cash Flow Statements
* Stacking Plan Identifying Leased Suites
* Full Service Lease Comps within a 5 mile radius

Located in Mesa, Arizona and just 15 miles east of Phoenix, Mesa covers 138 square miles, is the third largest city in Arizona. With vibrant recreational, educational and business opportunities, Mesa offers a variety of amenities including parks within easy walking distance from home, highly rated golf courses , a diversity of concerts and community festivals, and Mesa's ever-popular Chicago Cubs and Oakland A's Spring Training baseball.

Location