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625 W SOUTHERN Avenue

Mesa, AZ 85210

Mesa, AZ 85210

625 W SOUTHERN Avenue

$1,399,000

MLS#: 6988907

Status: Active

Listing provided by: American Realty Brokers

Listing agent phone: None

Last update: 22 days ago

On site: 3 months ago

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About

Great income producing property zoned OC with a current CAP Rate of 5.95%. This is a TRUE NNN Lease! Current lease includes a 3% annual rent increase and also includes (2) optional 5yr extensions, each at a market rent rate determined at the time of renewal. The current Tenant acts as the property manager. If you are looking for an office building to occupy as an owner/operator, the Tenant is willing to terminate the lease and relocate. Excellent frontage to Southern Ave. Do not disturb the current tenant.

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1973

Sq.Footage

5,167

Features

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Heat Pump

  • Heating YN

    YES

  • Heating

    Heat Pump

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Parking Lot, Paved, Private

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.44

  • Lot Size(square feet)

    19341.0

  • Property Type

    Commercial Sale

  • Property Sub Type

    Office

Price

  • Sales Price

    $1,399,000

  • Tax Amount

    $7,746

  • Sq. Footage

    5, 167

  • Price/SqFt

    $270

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Tax Lot

    0

  • Water Source

    Public

Schedule

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Location

  • County

    Maricopa

  • Elementary School

  • Middle School

  • High School

Listing Courtesy of Robert Joseph Kapelke , American Realty Brokers

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Agent Mandy Gold

Mandy Gold

FOUNDER

Call Mandy today to schedule a private showing.

Phone (520) 335-3204

Email mandy@mandygoldteam.com


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625 W SOUTHERN Avenue

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