For Sale: Value-add Owner-User Medical Office Opportunity Mesa, AZ

SandstoneEast_Main_webSandstone East 2626 East University Drive Mesa, Arizona 85213

Sandstone East is a ±11,308 square foot medical office building located just west of the intersection of Lindsay Road and University Drive in the densely populated city of Mesa, Arizona. The Property, formerly occupied by a physical therapy company and medical general practitioner, is conducive for either a single or a multi-tenant use. Sandstone East has a parking ratio of 5:1,000 sf and is strategically located just 3 miles South and 3 miles North of the Red Mountain Freeway (Loop 202) and Superstition Freeway (US 60 Freeway). The offering represents an excellent opportunity to purchase an attractive and well located Property at only a fraction of replacement costs and create value through the lease-up or occupancy of the vacant space.

Investment Information

  • Price: $750,000
  • Price PSF: $66
  • Building SF: ±11,308
  • Classification: Medical-Office/Office

Investment Highlights:

  • Excellent owner-user or investor
  • Opportunity Potential to purchase at a fraction of replacement costs
  • Ideal fit for physical therapy or general office
  • Excellent Monument signage along University Drive
  • Attractive Building Design and 5:1,000 parking ratio Located in the heart of Mesa, AZ with over 150,000 people within a 3-mile radius
  • Close proximity to 3 Metro Phoenix Freeways; Loop 101, Loop 202, and US 60

Contact Information:

  • Andrew Fosberg

Vice President

+1 602 7351723

andrew.fosberg@cbre.com

  • Vince Femiano

Vice President

+1 602 7351793

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