100% Occupied Multi-Tenant Office

342 N Val Vista Drive Mesa, AZ 85213

FOR SALE
Property Type:
Multi Tenant Office
Amount:
$2,118,755
Last Verified:
Feb 10, 2020

Highlights

  • 100% Occupied Multi-Tenant Office
  • Three (3) Tenants - Physical Therapist, Dentist, and Yoga Studio
  • PT & Dentist have brand new ten (10) Year Leases
  • Large dedicated parking lot with a ratio of 8/1,000 SF
  • Zoned LC, City of Mesa
  • APN 140-21-009S
  • Frontage along Val Vista Drive

Description

This investment opportunity is for a 100% occupied freestanding building located at the SWC of Val Vista and University Drive. The building is approximately 8,217 SF and is occupied by a dentist and physical therapist. A third Tenant has a lease through May of 2020 giving the new owner the chance to own/occupy or potential to re-lease the suite at market rent for additional income. The building sits on approximately 1.79 acre lot with plenty of dedicated parking. The tenants are longstanding and have signed new lease terms ranging from 5-10 years with options to renew. Located in the heart of Mesa, this property has frontage along busy Val Vista Drive with nearly 20,000 vehicles passing per day and is located in a high density population area. The site has easy direct access to both the Loop 202 and US 60 Freeways and is close to many business and retail amenities including shopping, dining and entertainment.

This investment opportunity is for a 100% occupied freestanding building located at the SWC of Val Vista and University Drive. The building is approximately 8,217 SF and is occupied by three (3) tenants, a dentist, physical therapist, and yoga studio. Located in the heart of Mesa, this property has frontage along busy Val Vista Drive with nearly 20,000 vehicles passing per day and is located in a high density population area. The site has easy direct access to both the Loop 202 and US 60 Freeways and is close to many business and retail amenities including shopping, dining and entertainment.


Year Built: 2006
Building Size: 8217.0sq ft
Building Class: B
Lot Size: 1.79 acres

Map of 342 N Val Vista Drive, Mesa, AZ, 85213

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