11237 E RIGGS Road, Chandler, AZ 85249

$3,150,000
Property Type: Comm/Industry Sale Square Footage: 25,234 Lot Size (sq. ft.): 227,150 Status: Closed
Current Price: $3,150,000 List Date: 10/21/2015 Last Modified: 8/06/2021

Overview

Description

INDUSTRIAL WAREHOUSE PROPERTY FOR SALE WITH SURPLUS LAND!!! Verizon Wireless rents space at the rear end of the yard to keep 4 storage shelters ($80/month) each. Buyer could cancel contract or continue and collect income. Zoning: I-2, Maricopa County. 49 parking spaces. Easy access to SR87 (Arizona Avenue) and I-10. Numerous restaurant and service amenities nearby.

Listing Details MLS# 5351763

Location, Tax & Legal

Map Code/Grid
V37
House Number
11237
Compass
E
Street Name
RIGGS
St Suffix
Road
City/Town Code
Chandler
State/Province
AZ
Zip Code
85249
Zip4
3620
Country
US
County Code
Maricopa
Assessor Number
303-58-006-Z
Tax Year
2015

Contract Info

Ownership
Fee Simple

General Property Description

Type of Property
Industrial/Industrial Flex
Ttl Apx SqFt Bldg
25234
Ttl Apx Net Rnt Spc
25234
# of Buildings
Yes
Year Built
1997
Uncvrd Parking Spcs
49
Zoning
I-2

Remarks Misc

Cross Street
E/SEC E. Riggs Roads & S. Arizona Avenue (SR87)
Directions
SR87 to E. Riggs Road east.

Status Change Info

Off Market Date
2016-01-06
Under Contract Date
2015-11-09
Close of Escrow Date
2015-12-31

Legal Info

Township
2S
Range
5E
Section
34
Lot Number
Yes

More Information

Sold Info

Loan Type
Cash
Payment Type
Other
Clsing Cost Split
Normal - N
Buyer Concession to Seller
3
Buyer Concession $/%
%
Seller Concession to Buyer
3
Seller Concession $/%
%

Property Features

Building Type: Industrial; Manufacturing Business Type: Professional/Office; Warehouse; Other; See Remarks Stories: 1 Story Construction: Metal; Wood Frame Roofing: Other Floors: Other Ceiling Height: 8.1 Feet to 10 Feet; 14.1 Feet to 16 Feet Heating: Other; See Remarks Cooling: Office A/C Loading Facilities: Grade Level Interior Features: Finished Exterior: Landscaping; Curb(s) & Gutter(s); Sidewalk(s) Fencing: Partial Parking Features: Paved Electric: SRP Gas: Other (See Remarks) Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash to Loan Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Road Surface Type: Asphalt Traffic Count: 15,001 to 25,000 Environmental: Other (See Remarks)
IDX
Listing Office: Avison Young
Office Phone: 480-994-8155
Office Email: david.genovese@avisonyoung.com
Last Updated: August - 06 - 2021
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