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About the Listing amer01 - rk165
Great income producing property zoned OC with a current CAP Rate of 5.95%. This is a TRUE NNN Lease! Current lease includes a 3% annual rent increase and also includes (2) optional 5yr extensions, 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.
Listing Highlights
Status
Active
Days on Site
15
Property Type
Commercial Sale
MLS ®
6988907
Year Built
1973
Total Square Footage
5,167
Lot/Acreage
0.44
County
Maricopa
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air,Heat Pump,Office A/C
- Heating: Heat Pump
- Fireplaces:
- Floor: Tile,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City Franchise,Master Meter
Exterior Details
- Garage Capacity: N/A
- Roof: Composition
- Others:
- Sewer: Sewer-In & Connected,Public Sewer
- Parking Features: Parking Lot,Paved,Private,Free
Financial Details
- Tax Amount: $7,746
- Taxes w/Assessments: N/A
- Tax/Property ID: 134-22-004-W
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
625 W Southern Ave Mesa, AZ 85210
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