Listing Details:
Listing ID: 6768391
Updated: 5/20/2025 3:29pm
Status | Active/For Sale |
Days On Market | 280 |
Taxes | $19,425.00 |
HOA | $0.00/******** |
Type | N/A |
Open Parking | 31 |
Year Built | 1996 |
Lot Size | 54355.00 |
County | Maricopa |
Listed By | DeLex Realty |
Description:
Great income producing property with a CAP Rate of 6.39% and a potential of 7.5% once the basement office is leased. The basement office lends for affordability, privacy, and a unique work environment of 1,900 sq.ft. available at $14/sq.ft Excellent location, just west of Gilbert Road, near the US-60 freeway, making it easily accessible. It is ideal for a medical practice or other professional services due to its established use and proximity to the Mesa and Gilbert communities. The learning center Tenant has 3 years left of a 5-year lease and the Dermatology Tenant has 2 years left of a 5-year lease. Working on leasing out the basement office. Pediatric Office 2,400 sq.ft., Pinnacle Dermatology Office 4,800 sq.ft. See Rent Roll in Photos Tab. SELLER WILL CARRY $1,000,000 if needed.
School Information:
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Property Location:
Listed By: DeLex Realty | Lisa A Ross 623-205-7725 | Alondra Churcher 480-593-5070
Source: ARMLS
All information should be verified by the recipient, and none is guaranteed as accurate by ARMLS.