16635 N 43RD Avenue, Phoenix, AZ 85053 (MLS# 5926255)

16635 N 43RD Avenue, Phoenix, AZ 85053

$2,150,000

Property Type: Comm/Industry Sale Square Footage: 15,680 Lot Size (sq. ft.): 61,071 Status: Closed

Current Price: $2,150,000 List Date: 5/15/2019 Last Modified: 10/12/2021

Overview

Description

Stand-alone single-story medical/office building with newly renovated interior lobby and building exterior. Currently built-out as a medical clinic including: pharmacy, nurses stations, exam rooms with sinks, X-Ray room, large waiting room, storage areas, and break area. Building is located on ±2.4 AC with abundant 8.9/1,000 parking ratio and building signage. Located just South of the busy N 43rd Avenue and W Bell Road intersection. Situated in a busy neighborhood next to grocery-anchored retail, a large private school, and a church. The subject property is located within an outstanding demographic area including a population count over ±334,000 in a five-mile radius.

Listing Details MLS# 5926255

Location, Tax & Legal

Map Code/Grid: L33
House Number: 16635
Compass: N
Street Name: 43RD
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85053
Zip4: 2707
Country: US
County Code: Maricopa
Assessor Number: 207-17-005-C
Tax Year: 2018
Assessor's Map #: 17
Legal Description (Abbrev): TH PT NW4 DAF BEG NW COR SEC TH S 5D 49M E 927. 48F TH N 88D 57M E 55.19F TPOB TH N 05D 49M W 240
Assessor's Parcel #: 5
Assessor Parcel Ltr: C
Add'l Parcels: Yes
Tax Municipality: Phoenix
Census Tract: 104226
Taxes: 44861
Legal: TH PT NW4 DAF BEG NW COR SEC TH S 5D 49M E 927. 48F TH N 88D 57M E 55.19F TPOB TH N 05D 49M W 240

Contract Info

Ownership: Fee Simple

General Property Description

Ttl Apx SqFt Bldg: 15680
# of Buildings: Yes
Year Built: 1995
Uncvrd Parking Spcs: 121
Zoning: CO

Remarks Misc

Cross Street: N. 43rd Ave & W. Bell Rd
Directions: W. Bell Rd to 43rd Ave, South on 43rd Ave to W. Juniper Ave. Property is located on the SE corner of N. 43rd Ave & W. Juniper Ave.

Status Change Info

Off Market Date: 2019-05-28
Under Contract Date: 2019-05-24
Close of Escrow Date: 2019-07-31

Legal Info

Township: 3N
Range: 2E
Section: 3

More Information

Sold Info

Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
Buyer Concession to Seller: 0
Seller Concession to Buyer: 0

Construction

Tilt-Up: Yes
Other: Yes

Roofing

Other: Yes

Floors

Concrete: Yes
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
Operating Exp: 44861
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0

Building Type

Office: Yes
Other (See Remarks): Yes

Business Type

Dental: Yes
Medical: Yes

Stories

1 Story: Yes

Pmt & Rate Info

Down Payment: 0
Equity: 2150000
Total Owed: 0
Assessment Balance: 0

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

Exterior

Other (See Remarks): Yes

Source of Fincl Data

Owner: Yes

Fencing

None: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

Parking Lot: Yes
Other: Yes

Electric

Other (See Remarks): Yes

Gas

Other (See Remarks): Yes

New Financing

Cash Only: Yes
Other (See Remarks): Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Existing 1st Loan Type

Not Applicable: Yes

Existing 1st Loan Terms

Not Applicable: Yes

Existing 2nd Loan

Treat as Free&Clear: Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan

Treat as Free&Clear: 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; Other (See Remarks) Business Type: Dental; Medical Stories: 1 Story Construction: Tilt-Up; Other Roofing: Other Floors: Concrete; 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) Exterior: Other (See Remarks) Fencing: None Parking Features: Parking Lot; Other Electric: Other (See Remarks) Gas: Other (See Remarks) Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Other (See Remarks) Lockbox Type: None Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear 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 Environmental: Other (See Remarks)

Listing Office: Avison Young

Last Updated: October - 12 - 2021