7525 E Broadway Road

    Mesa, AZ 85208
    • $2,850,000
    • STATUS: Active
    • ON SITE: 190 days
    • MLS #: 6006715
    UPDATED: 14 min ago
    $2,850,000
    • 0
      BEDS
    • 2.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 20,489
      SQFT
    • $139
      $/SQFT
    Type:
    Commercial
    Built:
    1992
    County:
    Area:

    School Ratings & Info

    Description

    One parcel of land, developed with two adjacent freestanding multi-tenant medical office buildings and a ground-leased celltower Building is leased to diverse roster of medical tenants Close proximity to 3 major hospitals including Banner Baywood Medical Center, Mountain Vista Medical Center and BannerGateway Medical Center Year Built: North Building & North Portion of South Building in 1982. Southernmost Portion of South Building in 1997 Ample parking: 5.32/1,000 - 109 open parking spaces; 21 covered spaces; 130 total Ambulatory Surgery Center to be built in Adjacent Lot Rental Income: $278,039 Operating Expenses: $96,057 NOI: $181,983 Rental Income Cap Rate: 7.17% Cell Tower Income: $18,788 Cell Tower Cap Rate: 6.00%

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    © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Bill and Cindy Flowers Team | Keller Williams Integrity First. Data last updated 2020-05-28T23:11:40.483.
    www.flowersgetresults.com/homes/101135535

    7525 E Broadway Road Mesa, AZ 85208

    • Price: $2,850,000
    • Status: Active
    • Updated: 14 min ago
    • MLS #: 6006715
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.13
    Acres
    20,489
    SQFT
    $139
    $/SQFT
    1992
    Built
    County:
    Maricopa
    Area:
    Mesa
    Property Description
    One parcel of land, developed with two adjacent freestanding multi-tenant medical office buildings and a ground-leased celltower Building is leased to diverse roster of medical tenants Close proximity to 3 major hospitals including Banner Baywood Medical Center, Mountain Vista Medical Center and BannerGateway Medical Center Year Built: North Building & North Portion of South Building in 1982. Southernmost Portion of South Building in 1997 Ample parking: 5.32/1,000 - 109 open parking spaces; 21 covered spaces; 130 total Ambulatory Surgery Center to be built in Adjacent Lot Rental Income: $278,039 Operating Expenses: $96,057 NOI: $181,983 Rental Income Cap Rate: 7.17% Cell Tower Income: $18,788 Cell Tower Cap Rate: 6.00%
    Exterior Features

    Construction BrickOther (See Remarks) Covered Parking Spaces 21.00 Fencing OtherSee Remarks Parking FencedPaved Parking Roofing Other (See Remarks) Stories 1 Story Total Parking Spaces 130.00 Uncovered Parking Spaces 109.00

    Interior Features

    Ceiling Height 8.1 Feet To 10 Feet Cooling Other (See Remarks) Flooring CarpetWood Heating Other (See Remarks) Interior Features Other (See Remarks)

    Property Features

    Adjusted Gross Inc 296826.00 Annual Other Expense 58886.00 Building Type Office Cross Street E Broadway Rd & S Sossaman Rd Current Use Medical/DentalOffice Electric Aps Gas None Gross Annual Sch Inc 296826.00 Hoa Fee 0.00 Hoa YN No Loading Facilities Other (See Remarks) Lot Number 0 Net Operating Income 181983.00 Operating Exp 96057.00 Other Income 0.00 Ownership Other (See Remarks) Sewer Sewer - Public Source Of Financial Data Other (See Remarks) Taxes 37171.00 Vacancy Allowance 0.00 Water City Franchise Zoning Oc

    Listing courtesy of The Menlo Group Commercial Real Estate.


    © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Bill and Cindy Flowers Team | Keller Williams Integrity First. Data last updated 2020-05-28T23:11:40.483.
     
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    Gilbert AZ, 85234