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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 for 625 W Southern Ave
Status
Active With Contingency
Days on Site
246
Property Type
Commercial Sale
MLS ®
6988907
Year Built
1973
Total Square Footage
5,167
Lot/Acreage
0.44
County
Maricopa
Interior Details
- Appliances:
- Air Cond: Central Air,Heat Pump,Office A/C
- Heating: Heat Pump
- Fireplaces:
- Floor: Tile,Carpet
- Basement:
- Other:
- Water: City Franchise,Master Meter
Exterior Details
- Garage Capacity: N/A
- Roof: Composition
- Others:
- Sewer: Sewer-In & Connected,Sewer - Public
- 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
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Listing Location
Questions About..
625 W Southern Ave Mesa, AZ 85210
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