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7165 E University Drive 171, Mesa, AZ 85207

$980,000
Property Type: Comm/Industry Sale Square Footage: 3,100 Lot Size (sq. ft.): 3,781 Status: Active
Current Price: $980,000 List Date: 9/19/2025 Last Modified: 9/19/2025

Description

Already has a tenant in place yielding about 7% cap rate. Reception area, kitchen and 6 offices on West side of building. Reception area and 5 offices on East side of building and phone server equipment. Men's and Women's bathrooms between East and West sides.

More Information MLS# 6922125

Contract Info

Ownership: Fee Simple Current Price: $980,000 List Price: $980,000 Status: Active List Date: 2025-09-15

Location, Tax & Legal

Unit #: 171 Building Number: 18 Assessor's Map #: 14 Assessor's Parcel #: 34 Add'l Parcels: No Tax Municipality: Mesa Taxes: 3659 Legal: Lot 18 SunValley Office park MCR 058944 Marketing Name: Sunvalley Office Park House Number: 7165 Compass: E Street Name: University St Suffix: Drive City/Town Code: Mesa State/Province: AZ Zip Code: 85207 Zip4: 6414 County Code: Maricopa Subdivision: SunValley Office Park Assessor Number: 218-14-034 Tax Year: 2024

General Property Description

Ttl Apx SqFt Bldg: 3100 # of Buildings: 1 Uncvrd Parking Spcs: 0 Year Built: 2005 Zoning: OC

Construction

Stucco: 1

Roofing

Tile: 1

Floors

Vinyl: 1 Ceramic Tile: 1 Carpet: 1

Income & Expenses

Owner Association: Yes Annual Ownr Asoc Fee: 4788 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 72000

Building Type

Office: 1

Business Type

Professional/Office: 1

Pmt & Rate Info

Cap Rate: 6.86 Equity: 980000 Total Owed: 0

Showing Notification Methods

Showing Service: No Showing Service Used Phone Call: 1

Lockbox Type

None: 1

Ceiling Height

8 Feet or Less: 1

Heating

Electric: 1

Cooling

Central Air: 1

Interior Features

Finished: 1

Loading Facilities

None: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Owner: 1

Traffic Count

Unknown: 1

Fencing

None: 1

Water Source

City Franchise: 1

Freeway/Highway

2.1 - 5 Miles: 1

Building Features

Conference Room: 1 Kitchen: 1

Sewer

Sewer - Public: 1

Parking Features

None: 1

Electric

SRP: 1

Gas

None: 1

New Financing

1031 Exchange: 1 Sale/Leaseback: 1

Special

Incorporated Area: 1

Existing 1st Loan

Treat as Free&Clear: 1

Existing 1st Loan Type

Not Applicable: 1

Use Restrictions

CC&R's: 1 Currently Leased: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Remarks Misc

Cross Street: University and Power Directions: Travel East on University from Power and the complex is on the south side of the street. Geo Lat: 33.42158 Geo Lon: -111.675339

Legal Info

Lot Number: 18

Income Expenses

Gross Annual Sch Inc: 72000 Net Operating Income: 67212

Property Features

Building Type: Office Business Type: Professional/Office Construction: Stucco Roofing: Tile Floors: Vinyl; Ceramic Tile; Carpet Ceiling Height: 8 Feet or Less Cooling: Central Air Loading Facilities: None Interior Features: Finished Fencing: None Building Features: Conference Room; Kitchen Parking Features: None Electric: SRP Gas: None Water Source: City Franchise Sewer: Sewer - Public New Financing: 1031 Exchange; Sale/Leaseback Showing Notification Methods: Phone Call Lockbox Type: None Special: Incorporated Area Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Road Surface Type: Asphalt Traffic Count: Unknown Use Restrictions: CC&R's; Currently Leased Environmental: None
Listing Office: SLW Realty Group, LLC
IDX
Last Updated: September - 19 - 2025
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