163 N Dobson Rd - Office FOR SALE


Mesa, AZ 85201- Central Mesa
$7,769,000 USD
602-531-5538
163 N Dobson Rd, Mesa, AZ for Sale
$7,769,000 USD
Office - FOR SALE
1/7
null | 7% Cap Rate

163 N Dobson Rd
Mesa, AZ 85201
Central Mesa


HIGHLIGHTS

  • Accredited Vocational School with Strong Track Record
  • Stable Single-Tenant NNN Investment
  • High-Quality Construction and Functional Layout
  • Prime Central Location with Excellent Visibility
  • Exceptional Transit Access

OVERVIEW

Presenting the opportunity to purchase the property located at 163 N Dobson Rd, Mesa AZ. The tenant, Arizona College is a well-established medical technician training institution that was founded in 1991 - more than 33 years ago - and offers 23 campuses across 14 states, including four in Greater Phoenix. Access the Property Website for the Offering Memorandum: www.ArizonaCollege.sharplaunch.com Accredited Vocational School with Strong Track Record Arizona College is a well-established medical technician training institution that was founded in 1991 - more than 33 years ago - and offers 23 campuses across 14 states, including four in Greater Phoenix. Current enrollment at the site is 259, with capacity to grow. Stable Single-Tenant NNN Investment The property has been leased to this reputable healthcare training provider since 2012, who just renewed for another seven years. The NNN lease includes 3.0% annual increases, offering investors solid growing returns, from reliable and passive income. High-Quality Construction and Functional Layout Built with durable, attractive materials, the facility was fully remodeled in 2022 and features an efficient single-story layout ideal for educational use. Prime Central Location with Excellent Visibility Located on Dobson Road near Main Street, the site offers strong street visibility and convenient access from across the Valley via Loop 101, Loop 202, and US Highway 60 that are nearby. Exceptional Transit Access Immediately adjacent to the Valley Metro Transit Center, including Light Rail, park-and-ride, and major bus routes, enhancing accessibility for students and staff.

FOR SALE DETAILS

PRICE

$7,769,000 USD

PRICE/SF

$324 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

145

LAND DETAILS

LAND ACRES

2.33 AC

LAND SF

101,551 SF

ZONING

LC, City of Mesa

APN/PARCEL ID

135-48-001M

ASK ABOUT THIS PROPERTY

Mindy KorthColliersMore Info
602-531-5538

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Mindy KorthColliersMore Info
602-531-5538

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.