1620 W SUNRISE Boulevard, Gilbert, AZ 85233
$2,725,000
Property Type:
Comm/Industry Sale
Square Footage:
74,550
Lot Size (sq. ft.):
237,600
Status:
Closed
Current Price:
$2,725,000
List Date:
7/25/2011
Last Modified:
8/06/2021
Description
BANK OWNED MULTI-TENANT INDUSTRIAL BUILDING FOR SALE IN GILBERT @ ONLY $40.17/SF!! Heavy power (3,000 Amp/277-480 Volt). Tilt-up construction, 2 clean rooms, and an air conditioned production room. 24 Ft. clear height. 10 roll-ups (12 Ft. x 14'' H). Building on 5.45 acres. 74,550 SF total (includes 14,791 SF office). Suite 101: 38,000 SF (includes 9,500 SF office). Suite 102: 20,000 SF (includes 1,847 SF office). Suite 103: 16,550 SF (includes 3,444 SF office). Zoning: LI-1, Gilbert. Parking: 127 surface spaces. (REF GPE3531)
More Information MLS# 4620883
Contract Info
Ownership: Fee Simple
Current Price: $2,725,000
Sold Price: $2,725,000
Status: Closed
List Date: 2011-07-25
Location, Tax & Legal
Assessor's Map #: 23
Legal Description (Abbrev): SUNRISE BUSINESS PARK LOT 1-46 TR A-C
Assessor's Parcel #: 14
Add'l Parcels: No
Tax Municipality: Gilbert
Census Tract: 422307
Taxes: 66306.64
Legal: SUNRISE BUSINESS PARK MCR 314-47
Marketing Name: SUNRISE BUSINESS PARK
Map Code/Grid: S39
House Number: 1620
Compass: W
Street Name: SUNRISE
St Suffix: Boulevard
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85233
Zip4: 5044
County Code: Maricopa
Subdivision: Sunrise Business Park Lot 1-46 TR A-C
Assessor Number: 302-23-014
Tax Year: 2011
General Property Description
Type of Property: Industrial Flex
Ttl Apx SqFt Bldg: 74550
Ttl Apx Net Rnt Spc: 74550
# of Buildings: 1
Uncvrd Parking Spcs: 127
Year Built: 2000
Zoning: LI
Legal Info
Range: 5E
Section: 10
Township: 1S
Lot Number: 7
Construction
Block: 1
Tilt-Up: 1
Metal: 1
Wood Frame: 1
Roofing
Other: 1
Floors
Other: 1
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: 66306.64
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Industrial: 1
Office: 1
Business Type
Mixed: 1
Professional/Office: 1
Warehouse: 1
Stories
2 Stories: 1
Pmt & Rate Info
Down Payment: 0
Equity: 2995000
Total Owed: 0
Assessment Balance: 0
Ceiling Height
8.1 Feet to 10 Feet: 1
16.1 Feet to 28 Feet: 1
Heating
Electric: 1
Other: 1
See Remarks: 1
Cooling
Office A/C: 1
Interior Features
Finished: 1
Loading Facilities
Other (See Remarks): 1
Road Surface Type
Asphalt: 1
Exterior
Sprinkler System-Ground: 1
Landscaping: 1
Curb(s) & Gutter(s): 1
Source of Fincl Data
Owner: 1
Fencing
Partial: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Paved: 1
Electric
SRP: 1
Gas
Other (See Remarks): 1
New Financing
Cash Only: 1
Cash to Loan: 1
Special
REO Property: 1
Existing 1st Loan
Treat as Free&Clear: 1
Other (See Rmks): 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Other (See Remarks): 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
Other (See Remarks): 1
Existing Othr Ln Trm
Not Applicable: 1
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 2
Buyer Concession $/%: %
Seller Concession to Buyer: 2
Seller Concession $/%: %
Remarks Misc
Cross Street: NWC N. McQueen Road & W. Sunrise Boulevard
Directions: US 60 (Superstition Freeway) to McQueen Road south then west on W. Sunrise Boulevard; OR Loop 101 to W. Elliot Road east, then North on McQueen Road and west on W. Sunrise Boulevard.
Geo Lat: 33.356021
Geo Lon: -111.825265
Status Change Info
Off Market Date: 2012-05-14
Under Contract Date: 2012-04-01
Close of Escrow Date: 2012-06-14
Sold Price: $2,725,000
Property Features
Building Type: Industrial; Office
Business Type: Mixed; Professional/Office; Warehouse
Stories: 2 Stories
Construction: Block; Tilt-Up; Metal; Wood Frame
Roofing: Other
Floors: Other
Ceiling Height: 8.1 Feet to 10 Feet; 16.1 Feet to 28 Feet
Heating: Other; See Remarks
Cooling: Office A/C
Loading Facilities: Other (See Remarks)
Interior Features: Finished
Exterior: Sprinkler System-Ground; Landscaping; Curb(s) & Gutter(s)
Fencing: Partial
Parking Features: Free; Paved
Electric: SRP
Gas: Other (See Remarks)
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash Only; Cash to Loan
Special: REO Property
Source of Fincl Data: Owner
Existing 1st Loan: Treat as Free&Clear; Other (See Rmks)
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: Other (See Remarks)
Listing Office:
Avison Young
Last Updated: August - 06 - 2021
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