Mesa, AZ 85210,625 W Southern Avenue
Mesa, AZ 85210,625 W Southern Avenue
Mesa, AZ 85210,625 W Southern Avenue
Mesa, AZ 85210,625 W Southern Avenue
Mesa, AZ 85210,625 W Southern Avenue
Mesa, AZ 85210,625 W Southern Avenue
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$ 1,475,000
Est. payment | /mo

0.44 Acres Lot


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$ 1,475,000
Est. payment | /mo
Save

0.44 Acres Lot

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 5.96% 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

Area 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 Carpet

Exterior

Parking Features Parking Lot, Paved, Private, Free

Fence Block, Partial

Roof Type Composition

Private Pool No

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

Disclosures Seller Prop Disc Stm

Arizona Regional MLS (ARMLS)
Listed by American Realty Brokers

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625 W Southern Avenue