$920,000
Mesa, AZ 85205
MLS# 6290287
Status: Closed
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Property Description
Amazing opportunity to own a fantastic Office property on almost one acre with the perfect location! The expansive parking for the 6000sf office building is perfectly situated in a highly transited corner lot! Roof redone in August 2021! There is potential for a Drive-Thru operation, and the building is Currently about 90% occupied with long time tenants, great for an investor. Take a look before it's too late!
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $920,000
Sold Price: $920,000
Status: Closed
List Date: 2021-09-06
Location, Tax & Legal
Assessor's Map #: 57
Legal Description (Abbrev): LOT 6 LEISURE WORLD CENTER UNIT 1 MCR 020511
Assessor's Parcel #: 15
Assessor Parcel Ltr: B
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Census Tract: 422625
Taxes: 9679
Legal: LOT 6 LEISURE WORLD CENTER UNIT 1 MCR 020511
Map Code/Grid: R41
House Number: 6315
Compass: E
Street Name: MAIN
St Suffix: Street
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85205
Zip4: 8953
County Code: Maricopa
Subdivision: LEISURE WORLD CENTER UNIT 1
Assessor Number: 141-57-015-B
Tax Year: 2021
General Property Description
Ttl Apx SqFt Bldg: 6221
# of Buildings: 1
Uncvrd Parking Spcs: 54
Lot Size Dimensions: Unknown
Year Built: 1980
Zoning: C-2
Legal Info
Range: 6E
Section: 24
Township: 1N
Lot Number: 6
Construction
Block: 1
Tilt-Up: 1
Stucco: 1
Wood Frame: 1
Roofing
Built-Up: 1
Tile: 1
Foam: 1
Floors
Vinyl: 1
Ceramic Tile: 1
Carpet: 1
Income & Expenses
Annual Elec Exp: 8128.15
Annual Gas Exp: 956
Annual Ins Exp: 3060
Annual Land Lse Exp: 0
Annual Landscape Exp: 5905
Annual Legal & Acctg: 0
Annual Maint Exp: 2200
Annual Mgmt Exp: 0
Annual Trash Exp: 1206
Annual Wtr/Swr Exp: 6520.54
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 37654.69
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 85228
Building Type
Commercial: 1
Business Type
Dental: 1
Mixed: 1
Medical: 1
Professional/Office: 1
Retail: 1
Stories
1 Story: 1
Pmt & Rate Info
Cap Rate: 6.94
Down Payment: 0
Equity: 980000
Total Owed: 0
Assessment Balance: 0
Lockbox Type
None: 1
Ceiling Height
8.1 Feet to 10 Feet: 1
Heating
Natural Gas: 1
Cooling
Central Air: 1
Loading Facilities
None: 1
Exterior
Corner Lot: 1
Dual Street Ftg: 1
Landscaping: 1
Building Sign: 1
Monument Sign: 1
Source of Fincl Data
Projected Proforma: 1
Traffic Count
25,001 to 35,000: 1
Fencing
None: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Paved: 1
Electric
SRP: 1
Gas
SW Gas: 1
New Financing
Cash Only: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: Power and Main
Directions: Power and Main west on Main to property. Property on the the southeast corner of 63st. and Main
Geo Lat: 33.415157
Geo Lon: -111.694868
Status Change Info
Off Market Date: 2022-06-24
Under Contract Date: 2022-05-15
Close of Escrow Date: 2022-07-15
Sold Price: $920,000
Income Expenses
Gross Annual Sch Inc: 85228
Net Operating Income: 68008.07
Property Features
Building Type: Commercial
Business Type: Dental; Mixed; Medical; Professional/Office; Retail
Stories: 1 Story
Construction: Block; Tilt-Up; Stucco; Wood Frame
Roofing: Built-Up; Tile; Foam
Floors: Vinyl; Ceramic Tile; Carpet
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Natural Gas
Cooling: Central Air
Loading Facilities: None
Exterior: Corner Lot; Dual Street Ftg; Landscaping; Building Sign; Monument Sign
Fencing: None
Parking Features: Free; Paved
Electric: SRP
Gas: SW Gas
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash Only
Lockbox Type: None
Source of Fincl Data: Projected Proforma
Existing 1st Loan: Treat as Free&Clear
Existing 2nd Loan: Treat as Free&Clear
Existing 3rd Loan: Treat as Free&Clear
Existing Othr Ln Trm: Not Applicable
Traffic Count: 25,001 to 35,000
Environmental: None
Listing Office: Keller Williams Realty Sonoran Living
Last Updated: March - 25 - 2025
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