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Office Space for Rent in Mesa, AZ - 58 Listings

Mesa, AZ - Office Space for Lease

Mesa, AZ - Office Market Overview

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The Mesa real estate market includes the Alta Mesa, Dobson Ranch, and Falcon Field office space submarkets. While the city proper is home to over 480,000 residents, Mesa is also part of the much larger Phoenix metropolitan area, which is home to over 4.5 million people. Located between the neighboring cities of Tempe, Chandler and Gilbert, Mesa is home to a diverse mix of businesses of all sizes that sustain the demand for Class A office space in the area.

As of mid-2017, the Mesa office market encompasses nearly 4.2 million square feet of existing office space in properties larger than 50,000 square feet. As the third-largest city in the State of Arizona, there is a steady, predictable demand for commercial real estate in Mesa, AZ.

Mesa, AZ - Office Inventory Description

A variety of industry sectors create demand for white collar office space in Mesa, including the growing high-technology sector, aerospace, light manufacturing, and healthcare. Mesa does its part in contributing to the Phoenix metro area's gross annual metropolitan product of almost $209 billion.

One of the office submarkets in Mesa that sees consistently strong demand from both tenants and investors alike is the Superstition Springs office submarket. Located north and south of State Route 60 and just west of the Loop 202, this area is home to newer, investment-grade office buildings such as the Superstition Springs Center on South Clearview Avenue, the Superstition Springs Business and Office Park - Westwind Terrace, and the Village at Superstition Springs at 6642 E. Baseline Road.

Mesa, AZ Commercial Inventory Breakdown

Office Spaces

Total: 5,108,340 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 2,965,366 SF / 58.05% of total office
  • 100k to 500k SF: 2,142,974 SF / 41.95% of total office

By class:

  • Class A: 1,635,309 SF / 32.01% of total office
  • Class B: 2,899,731 SF / 56.76% of total office
  • Class C: 117,300 SF / 2.3% of total office

Top 10 Largest Office Buildings

in Mesa

Office building Address Sqft Year built
Mesa Financial Plaza 1201 South Alma School Road, 85210 325,788 1986
Pierpont Commerce Center 4838 East Baseline Road, 85206 241,432 2002
Fiesta Corporate Campus 1465 West Southern Avenue, 85202 159,211 n/a
Waypoint IV 1130 North Alma School Road, 85201 152,540 2017
Odyssey Professional Park 2045 South Vineyard, 85210 140,747 2008
Mesa Elliot Technology Park - Building E NEC East Elliot Road & East Peterson Avenue, 85212 132,000 n/a
Arizona Health & Technology Park 5835 East Still Circle, 85206 129,000 2004
7300 East Hampton Avenue 7300 East Hampton Avenue, 85209 125,369 1994
Centrica 1550 West Southern Avenue, 85202 116,982 2015
Waypoint I 1150 North Alma School Road, 85201 110,000 2015

Most Recently-Built Office Buildings

in Mesa

Office building Address Sqft Year built
Waypoint IV 1130 North Alma School Road, 85201 152,540 2017
Centrica 1550 West Southern Avenue, 85202 116,982 2015
Waypoint I 1150 North Alma School Road, 85201 110,000 2015
120 West 1st Avenue 120 West 1st Avenue, 85210 95,186 2012
Odyssey Professional Park 2045 South Vineyard, 85210 140,747 2008
Riverview Point - Building 2 1146 North Alma School Road, 85201 83,264 2008
Riverview Point - Building 1 1138 North Alma School Road, 85201 83,000 2008
Canyon Springs Medical Plaza 2940 East Banner Gateway Drive, 85234 91,957 2007
Stapley Corporate Center II 1840 South Stapley Drive, 85204 90,967 2007
Baseline Crossings 8405 East Baseline Road, 85209 54,000 2007

Mesa, AZ - Green Office Space

Employment

The Phoenix metro area is one of the top 30 office markets in the U.S. The 2017 National Green Building Adoption Index surveyed these markets for the percentage of energy-efficient, green office space. The Phoenix metro area came in 21st on the list for green building adoption.

The environmental and financial benefits of green office space to both tenants and office buildings investors is becoming clearer as the years go by. In Mesa, an excellent example of a green office building is the nearly 83,000-square-foot Stapley Center on 1630 South Stepley Drive. Built in 2000, this Class A office property is located in the Powell Estates office submarket and holds an EPA Energy Star rating for energy-efficient office space.

Mesa, AZ's Top Office-Using Sectors

The demand for office space in Mesa is created by a variety of top office-using business sectors, including the healthcare, government, retail, and education industries.

  • Healthcare – Demand for white-collar office space in Mesa is created by organizations such as the Banner Health System and the numerous healthcare professionals that work within the system.
  • Government – The City of Mesa and the Maricopa County Government are two of the largest office-using entities in this business sector.
  • Retail – Walmart, Fry's Food and Drug, The Home Depot, and the nearly countless vendors that service these large retailers also are heavy users of office space in Mesa, Ariz.
  • Education – Demand for white-collar employment comes from educational institutions such as Mesa Public Schools, Gilbert Public Schools, Mesa Community College, and the Polytechnic Campus of Arizona State University.

Mesa Demographics

Population

  • Total Population458,860
  • Male Population(49.3 %) 226,220
  • Female Population(50.7 %) 232,640
  • Median Age35.90

Income/Financial

  • Average Household Income$64,147
  • Median Household Income$48,809
  • Median Income Under 25$27,946
  • Median Income 25-44$49,816
  • Median Income 45-64$60,963
  • Median Income Over 65$40,046

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