625 W Southern Avenue new Save Request In-Person Tour Request Virtual Tour
Mesa,AZ 85210
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6884307
Year Built 1973
Annual Tax Amount $7,947
Tax Year 2024
Lot Size 0.444 Acres
Acres 0.44
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Great income producing property zoned OC with a CAP Rate of 5.86% for the life of the current 84-month NNN Lease! The current Tenant is into their 3rd year of their lease and (2) 5yr extensions are available, 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.
Location
State AZ
County Maricopa
Zoning OC
Direction From the intersection of Southern Ave. and Country Club go west on Southern to property on left
Interior
Heating Heat Pump
Cooling Central Air
Flooring Other,Carpet,Ceramic Tile,Vinyl,Wood
Exterior
Parking Features Parking Lot,Paved,Private,Free
Fence Block,Partial
Roof Type Composition
Building
Dwelling Type Commercial,Office
Sewer Sewer-In & Connected,Public Sewer
Water City Franchise,Master Meter
New Construction No
Others
Senior Community No
Tax ID 134-22-004-W