1249 N GREENFIELD Road 4, Mesa, AZ 85205
$1,650,000
Property Type:
Comm/Industry Sale
Square Footage:
4,997
Lot Size (sq. ft.):
32,564
Status:
Closed
Current Price:
$1,650,000
List Date:
6/30/2023
Last Modified:
2/06/2024
Description
Good tenant mix with three tenants. A successful restaurant, a dress shop, and a Orthodontist. Nice looking building is part of a larger shopping center.
Current management company has managed the property since 2006.
Also available see 1309 & 1325 N Greenfield Road
More Information MLS# 6575092
Contract Info
Ownership: Fee Simple
Current Price: $1,650,000
Sold Price: $1,650,000
Status: Closed
List Date: 2023-06-30
Location, Tax & Legal
Unit #: 4
Assessor's Map #: 33
Legal Description (Abbrev): LOT 4 MOUNTAIN VIEW PLAZA MCR 059019
Assessor's Parcel #: 128
Add'l Parcels: No
Tax Municipality: Mesa
Census Tract: 420215
Taxes: 15060
Legal: LOT 4 MOUNTAIN VIEW PLAZA MCR 059019
Marketing Name: Mountain View Plaza
Map Code/Grid: Q41
House Number: 1249
Compass: N
Street Name: GREENFIELD
St Suffix: Road
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85205
Zip4: 4008
County Code: Maricopa
Subdivision: MOUNTAIN VIEW PLAZA
Assessor Number: 141-33-128
Tax Year: 2022
General Property Description
Type of Property: Retail Center
Ttl Apx SqFt Bldg: 4997
# of Buildings: 1
Uncvrd Parking Spcs: 57
Year Built: 2004
Zoning: LC
Legal Info
Range: 6E
Section: 10
Township: 1N
Lot Number: 4
Construction
Wood Frame: 1
Roofing
Built-Up: 1
Floors
Concrete: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Other Income: 76181
Vacancy Allowance: 3
Adjusted Gross Inc: 478842
Building Type
Commercial: 1
Business Type
Dental: 1
Restaurant: 1
Medical: 1
Retail: 1
Stories
1 Story: 1
Pmt & Rate Info
Cap Rate: 5.49
Equity: 1680000
Total Owed: 0
Showing Notification Methods
Phone Call: 1
Lockbox Type
None: 1
Ceiling Height
10.1 Feet to 12 Feet: 1
Heating
Electric: 1
Cooling
Central Air: 1
Interior Features
Finished: 1
Fire Sprinklers: 1
Private Restrooms: 1
Loading Facilities
None: 1
Road Access Type
Private Road: 1
Exterior
Curb(s) & Gutter(s): 1
Building Sign: 1
Sidewalk(s): 1
Monument Sign: 1
Source of Fincl Data
Books Shown: 1
Fencing
None: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Private: 1
Paved: 1
Electric
SRP: 1
Gas
Individual Meter: 1
New Financing
Cash to Loan: 1
1031 Exchange: 1
Use Restrictions
CC&R's: 1
Reports/Disclosures
None: 1
Environmental
Phase I Available: 1
Contact Info
List Agent Home Phn: 707-521-3500
Sold Info
Loan Type: Cash
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: E Brown Road
Directions: NEC of N. Greenfield Road and E. Brown Road
Geo Lat: 33.438519
Geo Lon: -111.73569
Status Change Info
Off Market Date: 2024-02-06
Under Contract Date: 2023-12-22
Close of Escrow Date: 2024-02-05
Sold Price: $1,650,000
Income Expenses
Gross Annual Sch Inc: 163240
Net Operating Income: 92235
Property Features
Building Type: Commercial
Business Type: Dental; Restaurant; Medical; Retail
Stories: 1 Story
Construction: Wood Frame
Roofing: Built-Up
Floors: Concrete
Ceiling Height: 10.1 Feet to 12 Feet
Cooling: Central Air
Loading Facilities: None
Interior Features: Finished; Fire Sprinklers; Private Restrooms
Exterior: Curb(s) & Gutter(s); Building Sign; Sidewalk(s); Monument Sign
Fencing: None
Parking Features: Free; Private; Paved
Road Access Type: Private Road
Electric: SRP
Gas: Individual Meter
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash to Loan; 1031 Exchange
Showing Notification Methods: Phone Call
Lockbox Type: None
Source of Fincl Data: Books Shown
Use Restrictions: CC&R's
Environmental: Phase I Available
Listing Office:
North Bay Commercial Real Esta
Last Updated: February - 06 - 2024
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