Updated Aug 3, 2026
LevRose Commercial Real Estate Brokers $5.2 Million Industrial Sale In Mesa, Arizona
4220 East Mcdowell Road
$5,200,000
$253/SF
Building Size
20,544 SF
Asset Type
Industrial
Closing
Jul 31, 2026
About this deal
AI
A 20,544-square-foot industrial flex property was sold for $5,200,000 located at 4220 East McDowell Road in Mesa, Arizona. The property encompasses a total of 2.3 acres within the Mesa market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,200,000
- Address: 4220 East McDowell Road
- Market: Mesa, AZ
- Square Footage: 20,544
- Price Per Square Foot: $253
- Broker Representatives: Mark Cassell, Landon McKernan, Cameron Miller, Joe Jones - LevRose Commercial Real Estate
- Buyer’s Representative: Gary Cornish - Newmark
LevRose Commercial Real Estate facilitated the transaction involving the undisclosed seller represented by Mark Cassell, Landon McKernan, Cameron Miller, and Joe Jones, while the undisclosed buyer was represented by Gary Cornish of Newmark.
On the Map
$5,200,000
$253/SF
Industrial
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Players
Mc Dowell Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93