$1,200,000
Mesa, AZ 85215
MLS# 6624968
1 / 45
Property Description
Beautiful hard to find free standing office building zoned Light Industrial. On the main level you have 6 offices, with beautiful built-in cabinets, classy reception area with granite and a bullpen with 2 restrooms. Also includes a finished basement with windows, a huge kitchen, a breakroom, conference room, bullpen, and restroom with three additional offices. Parking is great with 4.7 per 1000 square feet which includes 12 covered spots and 12 uncovered. This building is in a highly desired industrial park with great commuting off of the 202 and easy to lease.
Details
Maps
Contract Info
Current Price: $1,200,000
List Price: $1,200,000
Status: Active
List Date: 2023-10-29
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 4011
Compass: E
Street Name: PRESIDIO
St Suffix: Street
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85215
Zip4: 1122
Country: USA
County Code: Maricopa
Legal Description (Abbrev): COMMONS 1378 REPLAT
Subdivision: Commons 1378 Replat
Assessor's Map #: 25
Assessor's Parcel #: 118
Assessor Parcel Ltr: A
Add'l Parcels: No
Assessor Number: 141-25-118-A
Census Tract: 420304
Legal: W2 LOT 7 COMMONS 1378 REPLAT MCR 476-42 EX S 340.92F TH/OF P/F 05-0217683
Tax Municipality: Mesa
Taxes: 8938.12
Tax Year: 2023
General Property Description
Type of Property: Office
Ttl Apx SqFt Bldg: 5695
# of Buildings: 1
Year Built: 2000
Uncvrd Parking Spcs: 12
Zoning: M-1
Remarks & Misc
Cross Street: Greenfield and McDowell
Directions: AZ-202 Exit 20 for Greenfield Road. 0.2 Miles take a right on E Virginia St. 0.8 Miles turn left onto E Presidio St. 150 ft turn right.
Geo Lat: 33.472499
Geo Lon: -111.7441
Status Change Info
Status Change Date: 2023-11-01
Legal Info
Township: 2N
Range: 6E
Section: 33
Lot Number: 7
Income & Expenses
Owner Association: Yes
Annual Ownr Asoc Fee: 100
Annual Other Expense: 11000
Gross Annual Sch Inc: 84000
Adjusted Gross Inc: 84000
Net Operating Income: 84000
Pmt & Rate Info
Cap Rate: 4.67
Equity: 1800000
Showing Notification Methods
Showing Service: No Showing Service Used
Property Features
Building Type: Industrial; Office
Current Use: Office
Stories: 2 Stories
Construction: Block; Stucco
Roofing: Tile
Floors: Concrete; Ceramic Tile; Carpet
Ceiling Height: 8.1 Feet to 10 Feet
Cooling: Central A/C
Loading Facilities: Other (See Remarks)
Interior: Finished
Exterior: Corner Lot
Fencing: Block
Amenities: Basement; Conference Room; Reception Room; Kitchen
Parking: Paved Parking
Electric: SRP
Gas: None
Water: City Franchise
Sewer: Sewer - Public
Freeway/Highway: Up to 1 Mile
Railroad: Other (See Remarks)
New Financing: Owner May Carry; 1031 Exchange; Trade; Lease Option/Purchse
Lockbox Type: None
Source of Fincl Data: Provided by Owner; Provided by Accntnt
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; Curb(s) & Gutter(s)
Traffic Count: Unknown
Reports/Disclosures: Seller Prop Disc Stm; Vicinity of an Airport
Use Restrictions: CC&R's
Environmental: None
Listing Office: Racquet Club Realty
Last Updated: April - 20 - 2024
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