1470 N HORNE Street, Gilbert, AZ 85233
$1,900,000
Property Type:
Comm/Industry Sale
Square Footage:
9,239
Lot Size (sq. ft.):
39,492
Status:
Closed
Current Price:
$1,900,000
List Date:
9/01/2016
Last Modified:
8/06/2021
Description
This is a 1 tenant building waiting to be sold or leased out. The Building has a 6,789 SF office build out and 2,449 SF warehouse space on a .91 acre lot zoned light industrial (I-1). Beautiful office build out with large atrium style reception, 1 large conference room downstairs, 9 large offices downstairs, media/mail center, 1 downstairs break room and 2 downstairs restrooms with large shower enclosures. Upstairs includes 2 executive suites, 6 large offices and 1 bathroom. Warehouse has two 14 foot roll up doors and 2 large Evaporator coolers. Property also has a security system, 2 automatic gates, extra high perimeter block fence and 29 parking spaces, 8 of which are covered. This building is located in a popular part of the East Valley and is very close to the US 60 highway.
More Information MLS# 5491545
Contract Info
Ownership: Other (See Remarks)
Current Price: $1,900,000
Sold Price: $1,900,000
Status: Closed
List Date: 2016-09-01
Location, Tax & Legal
Assessor's Map #: 12
Legal Description (Abbrev): FULLER COMMERCIAL CENTER 2 MCR 862-04
Assessor's Parcel #: 631
Add'l Parcels: No
Tax Municipality: Gilbert
Census Tract: 422307
Taxes: 15835
Tax District: 410600
Legal: FULLER COMMERCIAL CENTER 2 MCR 862-04
Map Code/Grid: S39
House Number: 1470
Compass: N
Street Name: HORNE
St Suffix: Street
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85233
Zip4: 1804
County Code: Maricopa
Subdivision: FULLER COMMERCIAL CENTER 2
Assessor Number: 302-12-631
Tax Year: 2015
General Property Description
Type of Property: Commercial Office w/ Warehouse
Ttl Apx SqFt Bldg: 9239
Ttl Apx Net Rnt Spc: 9239
# of Buildings: 1
Uncvrd Parking Spcs: 21
Year Built: 2008
Zoning: I-L
Legal Info
Range: 5E
Section: 2
Township: 1S
Lot Number: 3
Construction
Tilt-Up: 1
Roofing
Tile: 1
Floors
Concrete: 1
Carpet: 1
Bay Info
# of Bays: 2
# of Bay Doors: 2
Bay Door Height: 14
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
Operating Exp: 15835
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Industrial: 1
Office: 1
Business Type
Professional/Office: 1
Warehouse: 1
Stories
2 Stories: 1
Pmt & Rate Info
Down Payment: 0
Equity: 2495000
Total Owed: 0
Assessment Balance: 0
Ceiling Height
12.1 Feet to 14 Feet: 1
14.1 Feet to 16 Feet: 1
Heating
Other: 1
See Remarks: 1
Cooling
Central Air: 1
Warehouse Evap: 1
Interior Features
Finished: 1
Fire Sprinklers: 1
Private Restrooms: 1
Loading Facilities
Drive-in Door(s): 1
Exterior
Corner Lot: 1
Sprinkler System-Ground: 1
Landscaping: 1
Source of Fincl Data
Other (See Remarks): 1
Fencing
Block: 1
Water Source
City Franchise: 1
Freeway/Highway
1.1 - 2 Miles: 1
Building Features
Conference Room: 1
Reception Room: 1
Kitchen: 1
Showers - Office: 1
Security Gate: 1
Sewer
Sewer - Public: 1
Parking Features
Private: 1
Electric
SRP: 1
Gas
None: 1
New Financing
Cash Only: 1
Lease: 1
Existing 1st Loan
Other (See Rmks): 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Other (See Remarks): 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Other (See Remarks): 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Sold Info
Loan Type: Cash
Loan Years: 30
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: Baseline between Mesa Dr & Stapley
Directions: East or West to Horne, south of propery
Geo Lat: 33.376561
Geo Lon: -111.814718
Status Change Info
Off Market Date: 2017-06-08
Under Contract Date: 2017-05-23
Close of Escrow Date: 2017-06-07
Sold Price: $1,900,000
Property Features
Building Type: Commercial; Industrial; Office
Business Type: Professional/Office; Warehouse
Stories: 2 Stories
Construction: Tilt-Up
Roofing: Tile
Floors: Concrete; Carpet
Ceiling Height: 12.1 Feet to 14 Feet; 14.1 Feet to 16 Feet
Heating: Other; See Remarks
Cooling: Central Air; Warehouse Evap
Loading Facilities: Drive-in Door(s)
Interior Features: Finished; Fire Sprinklers; Private Restrooms
Exterior: Corner Lot; Sprinkler System-Ground; Landscaping
Fencing: Block
Building Features: Conference Room; Reception Room; Kitchen; Showers - Office; Security Gate
Parking Features: Private
Electric: SRP
Gas: None
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash Only; Lease
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: None
Listing Office:
Keller Williams Realty East Valley
Last Updated: August - 06 - 2021
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