$295,000
Glendale, AZ 85308
MLS# 5628681
Status: Closed
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Property Description
Beautifully built out & elegantly appointed, professional office suite for sale in the Arrowhead Office Plaza! Tenant occupied by A+ medical spa/permanent cosmetics company. Located in Building 5, this quiet suite has 1,434 sq. ft., a large, beautiful waiting/reception area, 4 treatment rooms (2 w/sinks), a separate foot spa rm. w/sink, & a storage rm. Suite has oak cabinetry, granite counter tops, handicap bathroom, & stone featured exterior. Great location with stable, long-term tenant in place. Close to N. 101 Loop & I-17 for easy access. (Owner/Agent)
Details
Maps
Contract Info
Current Price: $295,000
Sold Price: $295,000
Status: Closed
List Date: 2017-07-03
Ownership: Condominium
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: K32
House Number: 18205
Compass: N
Street Name: 51ST
St Suffix: Avenue
Unit #: 141
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85308
Zip4: 1492
Country: USA
County Code: Maricopa
Building Number: 5
Legal Description (Abbrev): LOT 145 ARROWHEAD OFFICE PLAZA CONDO LOT 1 AMD & RESTATED
Subdivision: ARROWHEAD OFFICE PLAZA CONDO LOT 1 AMD & RESTATED
Assessor's Map #: 23
Assessor's Parcel #: 565
Add'l Parcels: No
Assessor Number: 207-23-565
Legal: LOT 141 ARROWHEAD OFFICE PLAZA CONDO LOT 1 AMD & RESTATED
Tax Municipality: Phoenix
Taxes: 3208
Tax Year: 2017
Marketing Name: Arrowhead Office Plaza
General Property Description
Type of Property: Office
Ttl Apx SqFt Bldg: 8961
Ttl Apx Net Rnt Spc: 1434
# of Buildings: 6
Year Built: 2005
Uncvrd Parking Spcs: 7
Zoning: C-O
Remarks & Misc
Cross Street: Union Hills & 51st Ave.
Directions: N. 101 Loop to 51st Ave. South, past Union Hills, to Arrowhead Office Plaza on East side of street.
Geo Lat: 33.652357
Geo Lon: -112.168226
Status Change Info
Status Change Date: 2018-07-03
Off Market Date: 2018-05-29
Under Contract Date: 2018-05-29
Close of Escrow Date: 2018-07-03
Sold Price: $295,000
Legal Info
Township: 4N
Range: 2E
Section: 33
Lot Number: 141
Income & Expenses
Annual Ins Exp: 155.04
Owner Association: Yes
Operating Exp: 3363.04
Gross Annual Sch Inc: 28292.04
Adjusted Gross Inc: 28292.04
Net Operating Income: 21648.6
Pmt & Rate Info
Cap Rate: 7.22
Equity: 299900
Contact Info
List Agent Home Phn: 602-375-8989
Sold Info
Loan Type: Exchange
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Commercial; Office
Current Use: Medical/Dental; Office
Stories: 1 Story
Construction: Stucco; Frame - Wood
Roofing: Built-Up
Floors: Ceramic Tile; Carpet
Ceiling Height: 8.1 Feet to 10 Feet
Cooling: Central A/C
Loading Facilities: None
Interior: Finished; Fire Sprinklers; Security Light(s); Phone System; Private Restrooms
Exterior: Landscaping; Building Sign; Security Light(s)
Fencing: Block
Amenities: Reception Room; Kitchen; LAN Compatible Copr
Parking: Public Parking; Paved Parking
Electric: APS
Gas: None
Water: City Franchise
Sewer: Sewer - Public
Freeway/Highway: Up to 1 Mile
Special: Owner/Agent
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Roads/Streets: Asphalt
Traffic Count: 35,001 to 50,000
Reports/Disclosures: None
Use Restrictions: CC&R's
Environmental: None
Listing Office: Team Realty LLC
Last Updated: January - 27 - 2022
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