1425 S HIGLEY Road, Gilbert, AZ 85296

$1,450,000
Property Type: Comm/Industry Sale Square Footage: 5,377 Lot Size (sq. ft.): 2,603 Status: Closed
Current Price: $1,450,000 List Date: 7/02/2019 Last Modified: 2/02/2025

Overview

Description

• Office Condo Available for Sale or Lease • Approximately 5,377 SF • For Lease: $25.50 PSF Modified Gross • For Sale: $1,500,000.00 • Built-Out General Office • Located in Higley Park Professional Village • Higley Road Frontage with 20,000 VPD • Just off Loop 202 and Higley Road • Minutes from Mercy Gilbert Medical Center • Near retail amenities like San Tan Village and Gilbert Gateway Towne Center

Listing Details MLS# 5947069

Location, Tax & Legal

Map Code/Grid
T41
House Number
1425
Compass
S
Street Name
HIGLEY
St Suffix
Road
City/Town Code
Gilbert
State/Province
AZ
Zip Code
85296
Zip4
4798
Country
US
County Code
Maricopa
Subdivision
HIGLEY PARK PROFESSIONAL VILLAGE CONDOMINIUM
Assessor Number
304-28-658
Tax Year
2018
Building Number
10
Assessor's Map #
28
Legal Description (Abbrev)
LOT 124 HIGLEY PARK PROFESSIONAL VILLAGE CONDOMINIUM MCR 076027
Assessor's Parcel #
658
Add'l Parcels
Yes
Tax Municipality
Gilbert
Census Tract
814800
Taxes
5972
Legal
LOT 124 HIGLEY PARK PROFESSIONAL VILLAGE CONDOMINIUM MCR 076027

Contract Info

Ownership
Other (See Remarks)

General Property Description

Ttl Apx SqFt Bldg
5377
# of Buildings
Yes
Year Built
2006
Uncvrd Parking Spcs
15
Zoning
PAD

Remarks Misc

Cross Street
S Higley R & US-60

Status Change Info

Off Market Date
2019-10-09
Under Contract Date
2019-10-09
Close of Escrow Date
2019-11-27

Legal Info

Township
1S
Range
6E
Section
23
Lot Number
124

More Information

Sold Info

Loan Type
Other
Payment Type
Other
Clsing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Construction

Other
Yes

Roofing

Other
Yes

Floors

Other
Yes

Income & Expenses

Annual Elec Exp
0
Annual Gas Exp
0
Annual Ins Exp
0
Annual Land Lse Exp
0
Annual Landscape Exp
0
Annual Legal & Acctg
0
Annual Maint Exp
0
Annual Mgmt Exp
0
Annual Trash Exp
0
Annual Wtr/Swr Exp
0
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
0
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Building Type

Office
Yes

Business Type

Professional/Office
Yes

Stories

1 Story
Yes

Pmt & Rate Info

Down Payment
0
Equity
1500000
Total Owed
0
Assessment Balance
0

Showing Notification Methods

Text
Yes
Email
Yes
Phone Call
Yes

Lockbox Type

None
Yes

Ceiling Height

10.1 Feet to 12 Feet
Yes

Heating

Other
Yes
See Remarks
Yes

Cooling

Other
Yes
See Remarks
Yes

Interior Features

Other (See Remarks)
Yes

Loading Facilities

Other (See Remarks)
Yes

Source of Fincl Data

Other (See Remarks)
Yes

Fencing

Other
Yes
See Remarks
Yes

Water Source

Other
Yes
See Remarks
Yes

Freeway/Highway

Frontage
Yes

Sewer

Other
Yes

Parking Features

Paved
Yes

Electric

Other (See Remarks)
Yes

Gas

Other (See Remarks)
Yes

New Financing

Other (See Remarks)
Yes

Existing 1st Loan

Other (See Rmks)
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Other (See Remarks)
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Other (See Remarks)
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

Other (See Remarks)
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

Other (See Remarks)
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Property Features

Building Type: Office Business Type: Professional/Office Stories: 1 Story Construction: Other Roofing: Other Floors: Other Ceiling Height: 10.1 Feet to 12 Feet Heating: Other; See Remarks Cooling: Other; See Remarks Loading Facilities: Other (See Remarks) Interior Features: Other (See Remarks) Fencing: Other; See Remarks Parking Features: Paved Electric: Other (See Remarks) Gas: Other (See Remarks) Water Source: Other; See Remarks Sewer: Other New Financing: Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Source of Fincl Data: Other (See Remarks) Existing 1st Loan: Other (See Rmks) Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Environmental: Other (See Remarks)
IDX
Listing Office: The Menlo Group Commercial Real Estate
Last Updated: February - 02 - 2025
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