1818 E Southern Avenue, Mesa, AZ 85204

$3,750,000
23,888
SqFt
List Price
$3,750,000
Price Change
▼ $250,000 1660281835
Days on Market
86
Status
ACTIVE
MLS#
6403581
City
Mesa
Living SQFT
23,888
Lot Size
25
Subdivision
Southern & Oracle Office Complex Amd Lt 2 & 3
Year Built
1986

Property Description

HUGE PRICE DROP!Beautifully maintained office buildings with 6 Suites. Fantastic frontage on Southern, Recent improvements include exterior paint (2/22) and roof coating (21) with ten year warranty. CAM covers common area landscaping, tree trimming, parking lot maintenance, water, sewer, trash and monthly window washing. Currently fully leased at a 5,25% Cap rate. Value Add-Possibility to raise lease rates to current value or Owner Occupied space roughly 7,000 SF Tons of covered parking and opportunity for building and Monument signage!

Additional Information

Construction
Block, Stucco
Cooling
Central A/C
Electric
Individual Meter, Master Meter, SRP
Fencing
Block
Floors
Carpet, Vinyl
Gas
None
Guest House SqFt
75
Heating
Electric
Living Area
23,888
Lot Size
25
Parking
Fee, Free, Paved Parking, Private Parking, Public Parking
Roofing
Foam, Rolled
Sewer
Sewer - Public
Pool
Yes
Stories
2 Stories
Subdivision
Southern & Oracle Office Complex Amd Lt 2 & 3
Taxes
$25,352
Water
City Franchise
Zoning
CO

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of My Home Group Real Estate.

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