$2,000,000
Mesa, AZ 85215
MLS# 5991658
Status: Closed
1 / 22
Property Description
• Approximately 11,000 SF • High-End Creative Office Finishes • Year Built: 2018 • Zoning: City of Mesa - LI • Submarket: Falcon Field • Located just off Red Mountain 202 • Freestanding Flex Building • Frontage Along Higley Rd • Occupied by Myndshift with 5-year NNN lease in place
Details
Maps
Contract Info
Current Price: $2,000,000
Sold Price: $2,000,000
Status: Closed
List Date: 2019-10-14
Ownership: Other (See Remarks)
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: P41
House Number: 3256
Compass: N
Street Name: Higley
St Suffix: Road
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85215
Country: USA
County Code: Maricopa
Legal Description (Abbrev): RED MOUNTAIN BUSINESS PARK MCR 1366-19
Subdivision: RED MOUNTAIN BUSINESS PARK
Assessor's Map #: 37
Assessor's Parcel #: 56
Add'l Parcels: No
Assessor Number: 141-37-056
Census Tract: 420206
Legal: RED MOUNTAIN BUSINESS PARK MCR 1366-19
Tax Municipality: Mesa
Taxes: 6804
Tax Year: 2018
General Property Description
Ttl Apx SqFt Bldg: 11000
# of Buildings: 1
Year Built: 2018
Uncvrd Parking Spcs: 45
Zoning: LI
Remarks & Misc
Cross Street: N Higley Rd & E Longbow Pkwy
Geo Lat: 33.474334
Geo Lon: -111.719236
Status Change Info
Status Change Date: 2020-03-25
Off Market Date: 2020-03-10
Under Contract Date: 2020-02-12
Close of Escrow Date: 2020-03-24
Sold Price: $2,000,000
Legal Info
Township: 2N
Range: 6E
Section: 34
Lot Number: 1
Income & Expenses
Owner Association: No
Operating Exp: 6804
Net Operating Income: 158620
Pmt & Rate Info
Cap Rate: 7.21
Equity: 2200000
Sold Info
Loan Type: Exchange
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Industrial; Office
Current Use: Office; Warehouse
Stories: 1 Story
Construction: Other (See Remarks)
Roofing: Other (See Remarks)
Floors: Other
Ceiling Height: 16.1 Feet to 28 Feet
Heating: Other; See Remarks
Cooling: Other; See Remarks
Loading Facilities: Other (See Remarks)
Interior: Finished
Fencing: Other; See Remarks
Parking: Paved Parking
Electric: Other (See Remarks)
Gas: Other (See Remarks)
Water: Other; See Remarks
Sewer: Other (See Remarks)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Source of Fincl Data: Other (See Remarks)
Existing 1st Loan: Other (See Rmks)
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Reports/Disclosures: Other (See Remarks)
Environmental: Other (See Remarks)
Listing Office: The Menlo Group Commercial Real Estate
Last Updated: August - 06 - 2021
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.