Office Space for Lease

761 E. University Drive Mesa, AZ 85203

761 E. University Drive, Mesa, AZ, 85203
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FOR LEASE
Property Type:
Multi Tenant Office
Amount:
Please Call Broker for Price

Last Verified:
Dec 25, 2024

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Highlights

  • Full-Service Lease Structure
  • Extremely Close to Downtown Mesa
  • Renovations Underway to Interior and Exterior
  • Well Maintained Landscaping
  • ±30,000 VPD Along University Drive Intersection
  • Great Visibility Along University Drive
  • Small and Larger Suites Available for Lease

Description

This garden style office complex features multiple built out suites available for lease. Suite sizes range from 550 to 2,600 square feet. Current lease rates are being marketed at a Full-Service structure. The property was recently acquired and is under new ownership. Current ownership has plans to completely renovate the interior of the suites along with providing a major upgrade to the existing monument signage along University Drive.

The subject property is located on the hard corner of University Drive and Horne. It's within walking distance of Downtown Mesa as well as the Main Street light rail stop. This particular location in Mesa provides convenient access to three major freeway systems in the metro area including the Loop 101, US 60, and Loop 202. The property has numerous amenities in the immediate area and is close two the Escobedo and Temple historic districts of Downtown Mesa.


Year Built: 1974
Building Size: 6199sq ft
Building Class: C
Lot Size: 0.38 acres


Documents

For Lease I 761 E. University Drive
For Lease I 761 E. University Drive

Units for Lease

Suite 107
Space Available: 470 SF
Lease Type: Full Service

Price Per Sqft/Month: $850.00

Map of 761 E. University Drive, Mesa, AZ, 85203

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.