11607 E RIGGS Road, Chandler, AZ 85249

$675,000
Property Type: Comm/Industry Sale Square Footage: 3,041 Lot Size (sq. ft.): 25,522 Status: Closed
Current Price: $675,000 List Date: 10/14/2015 Last Modified: 7/11/2016

Overview

Description

Building and property for sale with current tenant for past 20 years. Property on busy Riggs Road in high growth area of Chandler. Has current lease on it until December 2016. Tenant would like to stay. Tenant pays for the property insurance and property taxes. All equipment is the property of the tenant. By appointment only do not disturb tenant. Owner may carry with substantial down.

Listing Details MLS# 5348290

Location, Tax & Legal

Map Code/Grid
V39
House Number
11607
Compass
E
Street Name
RIGGS
St Suffix
Road
City/Town Code
Chandler
State/Province
AZ
Zip Code
85249
Zip4
3604
Country
US
County Code
Maricopa
Assessor Number
303-58-019-F
Tax Year
2014

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
3041
# of Buildings
Yes
Year Built
1990
Uncvrd Parking Spcs
15
Zoning
C3

Remarks Misc

Cross Street
Riggs Rd. and Arizona Ave.
Directions
East to property on south side.

Status Change Info

Off Market Date
2015-11-14
Under Contract Date
2015-11-13
Close of Escrow Date
2016-02-01

Legal Info

Township
2S
Range
5E
Section
34

More Information

Bay Info

# of Bays
3
# of Bay Doors
3

Income Expenses

Gross Annual Sch Inc
65136
Net Operating Income
58803.76

Contact Info

List Agent Home Phn
480-899-8004

Sold Info

Loan Type
Carryback
Loan Years
15
Payment Type
Fixed
Clsing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$

Property Features

Building Type: Commercial Business Type: Automobile Stories: 1 Story Construction: Block; Other Roofing: Other Floors: Concrete Ceiling Height: 16.1 Feet to 28 Feet Heating: None Cooling: Office A/C Loading Facilities: None Interior Features: Other (See Remarks) Exterior: Storage Yard; Building Sign Fencing: Block Parking Features: Fenced; Paved Electric: SRP Gas: None Water Source: Domestic Well Sewer: Septic-In & Connected New Financing: Cash Only; Owner May Carry 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 Environmental: None
IDX
Listing Office: Perfect Choice Real Estate
Office Phone: 480-899-8004
Office Email: jameslenwatson@aol.com
Last Updated: July - 11 - 2016
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