Mesa, Arizona, with a population of around 490,000, offers a diverse range of Office Properties For Sale, with 50 listings currently available. Investing in Office Properties in Mesa can be a wise decision, as the city's strong economy, driven by industries such as aerospace, tourism, education, healthcare, and agriculture, creates a high demand for office spaces. Office Properties can represent a variety of investments, from single-tenant buildings to multi-tenant complexes, and can cater to different business needs and sizes. Mesa's strategic location, with easy access to the Phoenix–Mesa Gateway Airport, major roads, and transportation facilities, makes it an attractive location for businesses. The city's amenities, including Red Mountain Park, Mesa Arts Center, and the Main Library, also contribute to its appeal. Additionally, Mesa's educational institutions, such as Arizona State University Polytechnic Campus and Mesa Community College, provide a skilled workforce, making it an ideal location for businesses to thrive.
Mesa's Office Properties For Sale offer a range of options, with an average price per square foot of $300 USD and an average size of 11,236 square feet. The largest Office Property available is 140,000 square feet. With an average cap rate of 5.75%, investing in Office Properties in Mesa can be a lucrative opportunity. In addition to Office Properties, Mesa also offers other types of commercial real estate, including Commercial Real Estate, with its diverse range of retail and industrial spaces, Apartment Buildings, which cater to the city's growing population, Shopping Centers, which provide a hub for local commerce, and Hotels, which serve the city's tourism industry. Overall, Mesa's Office Properties For Sale offer a unique opportunity to invest in a city with a strong economy, excellent infrastructure, and a high quality of life.
What is the average price per square foot for office properties in Mesa?
The average price per square foot for office properties in Mesa is $300 USD per square foot, with 50 available listings ranging in size from 11,236 square feet to 140,000 square feet, offering a diverse range of options for investors and businesses.
What should I know about office property classifications (Class A, B, C)?
When searching for office properties for sale in Mesa, it's essential to understand the classification system, which categorizes properties based on their quality, amenities, and location, to make an informed investment decision.
- Class A office properties are typically high-rise buildings with premium finishes, advanced technology, and prime locations, often attracting high-end tenants and commanding higher rental rates.
- Class B office properties offer a balance between quality and affordability, providing functional spaces with standard amenities, suitable for a wide range of businesses and tenants.
- Class C office properties are often older, less renovated buildings with limited amenities, typically appealing to budget-conscious tenants or startups, and may require more renovation or upkeep.
