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Michelle Quackenbush

azbrokeronline@gmail.com +1(602) 999-2627

$ 2,352,746

Est. payment -/mo

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Active

1818 E BASELINE Road Mesa, AZ 85204

1.25 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6768391

Year Built 1996

Annual Tax Amount $19,425

Tax Year 2023

Lot Size 1.248 Acres

Acres 1.25

Source Arizona Regional Multiple Listing Service (ARMLS)

Property 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.

Location

State AZ

County Maricopa

Zoning C-N, C-1

Interior

Heating Electric

Cooling Central Air

Flooring Carpet, Ceramic Tile, Vinyl, Wood, Concrete

Exterior

Parking Features Paved

Fence Block

Roof Type Foam,Rolled/Hot Mop

Total Parking Spaces 34

Building

Dwelling Type Commercial,Office

Sewer Public Sewer

Water City Franchise

New Construction No

Others

Senior Community No

Tax ID 139-09-003-A

Listed by DeLex Realty

Michelle Quackenbush

Agent

+1(602) 999-2627

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