$219,000
7170 W CAMINO SAN XAVIER, D116
Glendale, AZ 85308
MLS# 6075718
Status: Closed



7170 W CAMINO SAN XAVIER, D116, Glendale, AZ 85308
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7170 W CAMINO SAN XAVIER, D116, Glendale, AZ 85308 7170 W CAMINO SAN XAVIER, D116, Glendale, AZ 85308

Property Description
Recession Proof Medical Tenant. Lease expires 11/2022 with one (1), five-year option to renew. RBA 6,845 SF. Parking: 4.53:1,000 SF. HOA: $2,530 Annually. NOI: $15,899. Cap Rate: 7.26%. Parking 4.53:1,000 SF. Close to variety of restaurants, retail, commercial and industrial. Lease is Modified Gross with Owner paying HOA, taxes and insurance. Tenant pays electric and janitorial. See flyer at www.integrityrealty4.com.

Details
Maps
Documents
Contract Info
Current Price: $219,000
Sold Price: $219,000
Status: Closed
List Date: 2020-05-08
Ownership: Condominium
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: K31
House Number: 7170
Compass: W
Street Name: CAMINO SAN XAVIER
St Suffix: --
Unit #: D116
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85308
Zip4: 0934
Country: USA
County Code: Maricopa
Building Number: D
Legal Description (Abbrev): ARROWHEAD PARK PLACE 3 CONDOMINIUM MCR 1052-26 UNIT 116 (PLEASE NOTE: FOR LEGAL DESCRIPTION REFERENC
Subdivision: ARROWHEAD PARK PLACE 3 CONDOMINIUM
Assessor's Map #: 44
Assessor's Parcel #: 957
Add'l Parcels: No
Assessor Number: 200-44-957
Census Tract: 617800
Legal: ARROWHEAD PARK PLACE 3 CONDOMINIUM MCR 1052-26 UNIT 116 (PLEASE NOTE: FOR LEGAL DESCRIPTION REFERENC
Tax Municipality: Glendale
Taxes: 1403
Tax Year: 2019
Marketing Name: ARROWHEAD PARK PLACE III
General Property Description
Type of Property: Office/Medical Office
Ttl Apx SqFt Bldg: 6845
Ttl Apx Net Rnt Spc: 925
# of Buildings: 1
Year Built: 2008
Uncvrd Parking Spcs: 2
Zoning: PAD
Remarks & Misc
Cross Street: N/NWC W Camino San Xavier & N. 71st Dr
Directions: Loop 101 (Agua Fria Fwy) to W Bell Road east, then north to N. 73rd Avenue and east to W Camino San Xavier.
Geo Lat: 33.641534
Geo Lon: -112.21288
Status Change Info
Status Change Date: 2021-02-26
Off Market Date: 2021-02-01
Under Contract Date: 2021-01-29
Close of Escrow Date: 2021-02-25
Sold Price: $219,000
Legal Info
Township: 4N
Range: 1E
Section: 36
Lot Number: 116
Income & Expenses
Owner Association: Yes
Annual Ownr Asoc Fee: 2530
Operating Exp: 3933
Net Operating Income: 15899
Pmt & Rate Info
Cap Rate: 7.26
Equity: 219000
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Commercial
Current Use: Mixed Use; Service Business; Medical/Dental; Office
Stories: 1 Story
Construction: Block; Frame - Wood
Roofing: Other (See Remarks)
Floors: Other
Ceiling Height: 8.1 Feet to 10 Feet
Cooling: Central A/C
Loading Facilities: None
Interior: Finished
Exterior: Sprinkler Sys-Ground; Landscaping
Fencing: Partial
Parking: Free; Private Parking; Paved Parking
Electric: APS
Gas: Other (See Remarks)
Water: City Franchise
Sewer: Sewer - Public
Lockbox Type: Supra (ARMLS)
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; Curb(s) & Gutter(s); Sidewalk(s)
Reports/Disclosures: Other (See Remarks)
Use Restrictions: CC&R's
Environmental: Other (See Remarks)

Listing Office: Wakeman Integrity

Last Updated: March - 08 - 2021

7170 W CAMINO SAN XAVIER, D116, Glendale, AZ 85308 - MLS# 6075718
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