1425 W ELLIOT Road A103, Gilbert, AZ 85233
$775,000
Property Type:
Comm/Industry Sale
Square Footage:
29,792
Lot Size (sq. ft.):
2,464
Status:
Closed
Current Price:
$775,000
List Date:
12/21/2021
Last Modified:
5/08/2023
Overview
Description
Listing Details MLS# 6291111
Location, Tax & Legal
- Map Code/Grid
- S39
- House Number
- 1425
- Compass
- W
- Street Name
- ELLIOT
- St Suffix
- Road
- City/Town Code
- Gilbert
- State/Province
- AZ
- Zip Code
- 85233
- Zip4
- 5141
- Country
- US
- County Code
- Maricopa
- Subdivision
- OASIS AT THE ISLANDS PROFESSIONAL PLAZA
- Assessor Number
- 302-35-413
- Tax Year
- 2020
- Unit #
- A103
- Assessor's Map #
- 35
- Legal Description (Abbrev)
- LOT A103 OASIS AT THE ISLANDS PROFESSIONAL PLAZA BLDG A STE MCR 094103
- Assessor's Parcel #
- 413
- Add'l Parcels
- No
- Tax Municipality
- Gilbert
- Census Tract
- 422305
- Taxes
- 4478
- Legal
- LOT A103 OASIS AT THE ISLANDS PROFESSIONAL PLAZA BLDG A STE MCR 094103 BLDG A , STE A-103
Contract Info
- Ownership
- Fee Simple
General Property Description
- Type of Property
- Commercial Office
- Ttl Apx SqFt Bldg
- 29792
- Ttl Apx Net Rnt Spc
- 2747
- # of Buildings
- Yes
- Year Built
- 2004
- Uncvrd Parking Spcs
- 40
- Zoning
- O
- Flood Zone
- No
Remarks Misc
- Cross Street
- Elliot / McQueen
- Directions
- East on Mcqueen,, behind the bank, 2 story office building. This office is on the first floor.
Status Change Info
- Off Market Date
- 2021-12-21
- Under Contract Date
- 2021-12-01
- Close of Escrow Date
- 2021-12-20
Legal Info
- Township
- 1S
- Range
- 5E
- Section
- 14
- Lot Number
- A103
More Information
Income Expenses
- Gross Annual Sch Inc
- 43200
- Net Operating Income
- 57600
Sold Info
- Loan Type
- Cash
- Payment Type
- Fixed
- Clsing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Construction
- Wood Frame
- Yes
Roofing
- Tile
- Yes
Floors
- Concrete
- Yes
Income & Expenses
- Owner Association
- Yes
- Annual Ownr Asoc Fee
- 550
- Operating Exp
- 5028
- Other Income
- 14400
- Vacancy Allowance
- 0.05
- Adjusted Gross Inc
- 54720
Building Type
- Office
- Yes
Business Type
- Dental
- Yes
- Medical
- Yes
- Professional/Office
- Yes
Stories
- 2 Stories
- Yes
Pmt & Rate Info
- Cap Rate
- 7.94
- Equity
- 725000
- Total Owed
- 0
Showing Notification Methods
- Text
- Yes
- Yes
- Phone Call
- Yes
Ceiling Height
- 12.1 Feet to 14 Feet
- Yes
Heating
- Electric
- Yes
Cooling
- Central Air
- Yes
Interior Features
- Finished
- Yes
Loading Facilities
- None
- Yes
Road Surface Type
- Asphalt
- Yes
- Concrete
- Yes
Exterior
- Curb(s) & Gutter(s)
- Yes
- Sidewalk(s)
- Yes
Source of Fincl Data
- Owner
- Yes
Fencing
- None
- Yes
Water Source
- City Franchise
- Yes
Freeway/Highway
- Access
- Yes
Building Features
- Public Elevator(s)
- Yes
- Conference Room
- Yes
- Reception Room
- Yes
- Cafeteria
- Yes
- Kitchen
- Yes
- Computer Room
- Yes
- LAN Compatible Copr
- Yes
- Fiber Optic Availble
- Yes
Sewer
- Sewer - Public
- Yes
Railroad
- Other (See Remarks)
- Yes
Parking Features
- Free
- Yes
Electric
- SRP
- Yes
Gas
- None
- Yes
New Financing
- 1031 Exchange
- Yes
- Lease Option
- Yes
Existing 3rd Loan
- Other (See Remarks)
- Yes
Use Restrictions
- CC&R's
- Yes
Reports/Disclosures
- Seller Prop Disc Stm
- Yes
Environmental
- None
- Yes
Property Features
Building Type:
Office
Business Type:
Dental; Medical; Professional/Office
Stories:
2 Stories
Construction:
Wood Frame
Roofing:
Tile
Floors:
Concrete
Ceiling Height:
12.1 Feet to 14 Feet
Cooling:
Central Air
Loading Facilities:
None
Interior Features:
Finished
Exterior:
Curb(s) & Gutter(s); Sidewalk(s)
Fencing:
None
Building Features:
Public Elevator(s); Conference Room; Reception Room; Cafeteria; Kitchen; Computer Room; LAN Compatible Copr; Fiber Optic Availble
Parking Features:
Free
Electric:
SRP
Gas:
None
Water Source:
City Franchise
Sewer:
Sewer - Public
Railroad:
Other (See Remarks)
New Financing:
1031 Exchange; Lease Option
Showing Notification Methods:
Text; Email; Phone Call
Source of Fincl Data:
Owner
Existing 3rd Loan:
Other (See Remarks)
Road Surface Type:
Asphalt; Concrete
Use Restrictions:
CC&R's
Environmental:
None
Listing Office:
Rapido Realty, LLC
Last Updated: May - 08 - 2023
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