$598,000
Surprise, AZ 85374
MLS# 6851099
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Property Description
PLEASE DO NOT DISTURB TENANTS. This business is an Executive Suite style rental business. This sale is for the Surprise location. We also have a Scottsdale location and both are for sale. The company leases out individual offices. This sale is inclusive of a 1499 sqft Surprise Condo Suite (a 666 sqft Scottsdale Condo Suite is also for sale). Brookside Ln condo suite consists of 7 offices, a shared Bathroom and a galley kitchen sink and small refrigerator that conveys. 100% occupied with year leases (leases end in September and December) could easily get them all on an even lease end date. Tenant pays the monthly rent only. Landlord pays all electric, internet, semi monthly cleaning and Monthly Management dues. Tenants consist of Insurance company, personal counceling providers, Skin The
Details
Maps
Contract Info
Ownership: Condominium
Current Price: $598,000
List Price: $598,000
Status: Active
List Date: 2025-04-13
Location, Tax & Legal
Unit #: 110
Assessor's Map #: 60
Legal Description (Abbrev): LOT 201 BROOKSIDE BELL PROFESSIONAL PARK CONDOMINIUMS MCR 099514
Assessor's Parcel #: 572
Add'l Parcels: Yes
Tax Municipality: Surprise
Census Tract: 40530
Taxes: 2878
Legal: LOT 201 BROOKSIDE BELL PROFESSIONAL PARK CONDOMINIUMS MCR 099514
House Number: 15282
Compass: W
Street Name: BROOKSIDE
St Suffix: Lane
City/Town Code: Surprise
State/Province: AZ
Zip Code: 85374
Zip4: 3947
County Code: Maricopa
Subdivision: BROOKSIDE BELL PROFESSIONAL PARK CONDOMINIUMS
Assessor Number: 503-60-572
Tax Year: 2024
General Property Description
Ttl Apx SqFt Bldg: 1499
# of Buildings: 1
Uncvrd Parking Spcs: 0
Year Built: 2004
Zoning: C-PAD
Currently Not Used
Sold Price Per SqFt: 398.93
Legal Info
Range: 1W
Section: 32
Township: 4N
Lot Number: 201
Construction
Block: 1
Roofing
Composition: 1
Floors
Other: 1
Income & Expenses
Annual Elec Exp: 2133
Annual Gas Exp: 0
Annual Ins Exp: 900
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 500
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: Yes
Annual Ownr Asoc Fee: 6255
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 2640
Operating Exp: 15306
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 51300
Building Type
Commercial: 1
Office: 1
Business Type
Professional/Office: 1
Stories
1 Story: 1
Pmt & Rate Info
Cap Rate: 8.51
Equity: 598000
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Ceiling Height
8.1 Feet to 10 Feet: 1
Heating
Heat Pump: 1
Cooling
Heat Pump: 1
Interior Features
Finished: 1
Fire Sprinklers: 1
Smoke Detector(s): 1
Security System: 1
Security Camera(s): 1
Private Restrooms: 1
Loading Facilities
None: 1
Source of Fincl Data
Owner: 1
Fencing
None: 1
Water Source
City Franchise: 1
Building Features
Reception Room: 1
Kitchen: 1
Fiber Optic Availble: 1
Sewer
Sewer - Public: 1
Parking Features
Parking Lot: 1
Electric
APS: 1
Gas
None: 1
New Financing
Cash to Loan: 1
Special
Owner/Agent: 1
Existing 1st Loan
SBA: 1
Existing 1st Loan Type
Fixed: 1
Use Restrictions
CC&R's: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Vicinity of an Airport: 1
Environmental
None: 1
Remarks Misc
Cross Street: Bell Rd and Brookside Lane
Directions: Surprise location - From Bell Road go north on Brookside Ln and make a right into the complex.
Geo Lat: 33.640149
Geo Lon: -112.389561
Income Expenses
Gross Annual Sch Inc: 51300
Net Operating Income: 50911
Property Features
Building Type: Commercial; Office
Business Type: Professional/Office
Stories: 1 Story
Construction: Block
Roofing: Composition
Floors: Other
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Heat Pump
Cooling: Heat Pump
Loading Facilities: None
Interior Features: Finished; Fire Sprinklers; Smoke Detector(s); Security System; Security Camera(s); Private Restrooms
Fencing: None
Building Features: Reception Room; Kitchen; Fiber Optic Availble
Parking Features: Parking Lot
Electric: APS
Gas: None
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash to Loan
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Special: Owner/Agent
Source of Fincl Data: Owner
Existing 1st Loan: SBA
Existing 1st Loan Type: Fixed
Use Restrictions: CC&R's
Environmental: None
Supplements
Therapy and lash company. Most have been there for atleast 2 years.
Vacancy is low becuase there are very few companies that offer executive suite style office space for lease anywhere in the area. Easy to manage with great tenants.The other location in Scottdale at 10715 N Frank Lloyd Wright Blvd Suite D105, Scottsdale, 85259, is operated the same however there is only one tenant that leases the suite in this location. This lease is up in April of 2026. Long term tenant that is a global travel agency. This tenant pays for monthly rent and all utilities, landlord pays for just the monthly management dues. Very easy to management with great tenant.This sale is for the Surprise Condo Suite but we prefer to sell both locations. Inquire.
Listing Office: Mackey & Associates Realty
Last Updated: October - 16 - 2025
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