$2,800,000
Phoenix, AZ 85040
MLS# 6525618
Status: Closed
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Property Description
Investment-Owner Multi Use freestanding Industrial Cold Storage Building located Southeast of the Sky Harbor Airport. The property consists of a 13,200 SF (Per County Assessor Records) fully airconditioned, building on ±0.42 Acres (±18,159 SF) Including approximate 3,500 SF of office and loft space, approximately 1500 SF walk-in cooler with ability to stack two pallets high. Centrally located with East /West freeway access. 19 feet clear span, new roof and HVAC system in 2018, two truck wells 12X16, three 16-foot industrial roll up doors, recently upgraded 600 amp service, powered metal security shutters ground level office. ADOT currently working on new collector-distribution road system placing this property right on the Interstate.
Details
Maps
Contract Info
Current Price: $2,800,000
Sold Price: $2,800,000
Status: Closed
List Date: 2023-02-28
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: R35
House Number: 3846
Compass: E
Street Name: ILLINI
St Suffix: Street
St Dir Sfx: E
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85040
Zip4: 1927
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 11 BLOCK 4 WESLEY PLACE MCR 003527
Subdivision: WESLEY PLACE
Assessor's Map #: 8
Assessor's Parcel #: 43
Assessor Parcel Ltr: A
Add'l Parcels: No
Assessor Number: 122-08-043-A
Census Tract: 115200
Legal: LOT 11 BLOCK 4 WESLEY PLACE MCR 003527
Tax Municipality: Phoenix
Taxes: 16480
Tax Year: 2022
Marketing Name: Illini Street
General Property Description
Type of Property: Industrial
Ttl Apx SqFt Bldg: 13200
# of Buildings: 1
Lot Size Dimensions: 18,159
Year Built: 1990
Volts/Amps: 600
Uncvrd Parking Spcs: 6
Zoning: A-1
Flood Zone: TBD
Remarks & Misc
Cross Street: Illini Street & 39th Street
Directions: Either direction on I-10 turn North on 40th St off ramp to first light Raymond. Then West and Follow around (South) to Illini St property at the NWC 39th & Illini St
Geo Lat: 33.412115
Geo Lon: -111.997848
Status Change Info
Status Change Date: 2023-09-06
Off Market Date: 2023-06-06
Under Contract Date: 2023-06-06
Close of Escrow Date: 2023-09-06
Sold Price: $2,800,000
Legal Info
Township: 1N
Range: 3E
Section: 24
Lot Number: 11
Bay Info
# of Bays: 3
# of Bay Doors: 3
Bay Door Height: 16
Bay Door Width: 12
Income & Expenses
Owner Association: No
Operating Exp: 16480
Pmt & Rate Info
Equity: 2900000
Sold Info
Loan Type: SBA
Loan Years: 7
Payment Type: Graduated
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Commercial; Industrial; Distribution/Warehse
Current Use: Mixed Use; Warehouse; Wholesale
Stories: 2 Stories
Construction: Block
Roofing: Metal
Floors: Concrete; Sealed; Ceramic Tile; Carpet
Ceiling Height: 8.1 Feet to 10 Feet; 16.1 Feet to 28 Feet
Heating: Heat Pump; Office Heated; 2 or More Units
Cooling: Central A/C; Warehouse A/C
Loading Facilities: Truck Well 2 or More; Drive-in Door(s)
Interior: Finished
Exterior: Corner Lot; Landscaping
Fencing: None
Amenities: Conference Room; Showroom; Kitchen; Showers - Office
Parking: Public Parking; Paved Parking
Electric: SRP; Over 220 Amp
Gas: City Gas
Water: City Franchise
Sewer: Septic Tank
Freeway/Highway: Frontage; Access
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Source of Fincl Data: Unknown
Existing 1st Loan: Private
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Non Assumable
Roads/Streets: Asphalt
Traffic Count: Unknown
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None
Listing Office: Century 21 Toma Partners
Last Updated: September - 06 - 2023
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