535 East McKellips Road - 6% CAP Investment Opportunity

535 East McKellips Road, Mesa, AZ 85203

Property Information

  • For Sale $4,204,800
  • Property Type Office - Medical Office
  • Property Size 7,008 SF
  • Lot Size 85 Acre
  • Cap Rate % 7.01
  • # of Floors 1
  • Average Floor Size 7,008 SF
  • Building Class B
  • Year Built 2004
  • Date Updated May 18, 2026

Description

NNN 10-Year Medical Office Investment – Mesa, AZ | Investment Opportunity

Offered at $4,204,800 | Long-Term, Passive Income Opportunity

Rare opportunity to acquire a fully leased, single-tenant medical office in the heart of Mesa. This 7,008 SF Class B building, located in McKellips Professional Center, is leased to a reputable Cath Lab operator on a 10-year true NNN lease, offering long-term, stable cash flow with minimal landlord responsibilities.


Highlights:

  • Lease Type: 10-Year Absolute NNN

     

  • Tenant: Cath Lab (Single Tenant)

  • Built: 2004 | Zoning: C-2 (Mesa)

  • Lot Size: 85 AC | Parking: 44 spaces

  • Traffic: 33,600 VPD | Near Loop 202

  • Population: 13,210+ within 1 mile


Why Invest:

✔ Fully leased, recession-resistant medical office
✔ Hands-off, NNN lease structure
✔ Strong returns in a high-growth Mesa corridor
✔ Ideal for 1031 exchange or long-term investors


 

Contact us today for the full offering memorandum

Contacts

Sarah Fortin

Bellagio Plaza

Location

Located at 535 East McKellips Road, Mesa, AZ 85203, this property is part of the Sherwood neighborhood and Phoenix market.

Contact Listing Broker
Sarah Fortin

Bellagio Plaza

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