$1,920,000
Mesa, AZ 85207
MLS# 5956138
Status: Closed
1 / 21
Property Description
• Dental Office - 10 Year Lease Term • True NNN Lease • $19.97 PSF NNN Rent • 100% Occupied • Great Sale/Leaseback Opportunity • Sale Price: $1,959,466 ($298.81 PSF) • Approximately 6,624 SF • Great Mesa Location • Frontage Along Main St • High Demographics Neighborhood • Business and Retail Amenities
Details
Maps
Contract Info
Current Price: $1,920,000
Sold Price: $1,920,000
Status: Closed
List Date: 2019-07-24
Ownership: Other (See Remarks)
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: R42
House Number: 7448
Compass: E
Street Name: MAIN
St Suffix: Street
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85207
Zip4: 8306
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 3 SUNVALLEY PLAZA LOT 1-8 MCR 027605
Subdivision: SUNVALLEY PLAZA LOT 1-8
Assessor's Map #: 16
Assessor's Parcel #: 32
Add'l Parcels: No
Assessor Number: 218-16-032
Census Tract: 420113
Legal: LOT 3 SUNVALLEY PLAZA LOT 1-8 MCR 027605
Tax Municipality: Mesa
Taxes: 15462
Tax Year: 2018
General Property Description
Ttl Apx SqFt Bldg: 6624
# of Buildings: 1
Year Built: 2001
Uncvrd Parking Spcs: 24
Zoning: C-C
Remarks & Misc
Cross Street: E Main St & S Sossaman Rd
Geo Lat: 33.415781
Geo Lon: -111.67003
Status Change Info
Status Change Date: 2020-04-15
Off Market Date: 2020-02-18
Under Contract Date: 2020-02-18
Close of Escrow Date: 2020-04-14
Sold Price: $1,920,000
Legal Info
Township: 1N
Range: 7E
Section: 19
Lot Number: 3
Income & Expenses
Owner Association: No
Operating Exp: 15462
Net Operating Income: 132264
Pmt & Rate Info
Cap Rate: 6.75
Equity: 1959466
Sold Info
Loan Type: Exchange
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Office
Current Use: Medical/Dental; Office
Stories: 1 Story
Construction: Other (See Remarks)
Roofing: Other (See Remarks)
Floors: Other
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Other; See Remarks
Cooling: Other; See Remarks
Loading Facilities: Other (See Remarks)
Interior: Other (See Remarks)
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: May - 25 - 2023
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.