Southwestern Eye Center | 2610 E University Dr
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Southwestern Eye Center 2610 E University Dr
29,100 SF 39% Leased Office Building Mesa, AZ 85213 £3,325,283 (£114/SF) 7.14% Net Initial Yield
EXECUTIVE SUMMARY
This offering is for a fully occupied professional freestanding office located on the north side of University Dr one block west of
Lindsay Rd in Mesa, Arizona. This is an administrative office for American Vision Partners whose Ten (10) Year NNN Lease
expires on April 4, 2027. This two-story property is in the established North Mesa area of the valley with high demographics and
strong population numbers. This freestanding commercial building offers monument signage, plentiful parking (including
covered), and well-kept landscaping. With easy access to Loop 202 and US 60, along with business, retail, and medical
amenities, this property is ideally located for any buyer.
PROPERTY OVERVIEW
PROPERTY HIGHLIGHTS
100% occupied but inquire for owner/user potential
Administrative Building for American Vision Partners
NNN Lease with some Landlord maintenance responsibility
Ten (10) Year Lease with Term through April 4, 2027
Two Percent (2%) Annual Increases
OC Zoning - City of Mesa
Lindsay Rd in Mesa, Arizona. This is an administrative office for American Vision Partners whose Ten (10) Year NNN Lease
expires on April 4, 2027. This two-story property is in the established North Mesa area of the valley with high demographics and
strong population numbers. This freestanding commercial building offers monument signage, plentiful parking (including
covered), and well-kept landscaping. With easy access to Loop 202 and US 60, along with business, retail, and medical
amenities, this property is ideally located for any buyer.
PROPERTY OVERVIEW
PROPERTY HIGHLIGHTS
100% occupied but inquire for owner/user potential
Administrative Building for American Vision Partners
NNN Lease with some Landlord maintenance responsibility
Ten (10) Year Lease with Term through April 4, 2027
Two Percent (2%) Annual Increases
OC Zoning - City of Mesa
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Medical
Building Size
29,100 SF
Building Class
B
Year Built
1989
Price
£3,325,283
Price Per SF
£114
Net Initial Yield
7.14%
NOI
£237,425
Percent Leased
39%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
8,906 SF
Building FAR
0.51
Lot Size
1.32 AC
Zoning
O-S PAD, Mesa - Office Service District, O-S PAD, Mesa
Parking
67 Spaces (3.76 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Wheelchair Accessible
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Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 140-10-360B | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £143,037 |
PROPERTY TAXES
Parcel Number
140-10-360B
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£143,037
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Southwestern Eye Center | 2610 E University Dr
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