17431 N 71ST Drive, Glendale, AZ 85308

$640,000
Property Type: Comm/Industry Sale Square Footage: 7,448 Lot Size (sq. ft.): 46,969 Status: Closed
Current Price: $640,000 List Date: 9/27/2012 Last Modified: 3/14/2017

Overview

Description

BANK OWNED OFFICE BUILDING PERFECT FOR INVESTMENT/OWNER USER!! Class B office building. Tenant income. 4 built-out suites (2 leased, 2 vacant). Located on 1.01 acres. $63,598 Household Income 1 mile from site. Also for lease (please call for rates). Easy freeway access. 1/2 mile to Loop 101. Strategically located in an area of middle and high-end residential growth. Across the street from Arrowhead Towne Center and Peoria Sports Complex. (REF GPE3158)

Listing Details MLS# 4825477

Location, Tax & Legal

Map Code/Grid
K31
House Number
17431
Compass
N
Street Name
71ST
St Suffix
Drive
City/Town Code
Glendale
State/Province
AZ
Zip Code
85308
Country
US
County Code
Maricopa
Subdivision
Arrowhead Commerce Park
Assessor Number
200-44-759-A
Tax Year
2012
Assessor's Map #
44
Legal Description (Abbrev)
ARROWHEAD COMMERCE PARK
Assessor's Parcel #
759
Assessor Parcel Ltr
A
Add'l Parcels
No
Tax Municipality
Glendale
Census Tract
617800
Taxes
23355.32
Legal
LOT 11, ARROWHEAD COMMERCE PARK, ACCORDING TO BOOK 585 OF MAPS, PAGE 28, RECORDS OF MARICOPA COUNTY, ARIZONA; EXCEPT THA
Marketing Name
ARROWHEAD OFFICE

Contract Info

Ownership
Fee Simple

General Property Description

Type of Property
Office
Ttl Apx SqFt Bldg
7448
Ttl Apx Net Rnt Spc
7448
# of Buildings
Yes
Year Built
2007
Uncvrd Parking Spcs
30
Zoning
PAD

Remarks Misc

Cross Street
N 71st Drive & W Camp Bello Drive
Directions
Loop 101 (Agua Fria Freeway) to West Bell Road east. North to 73rd Avenue, west to W. Camino San Xavier.

Status Change Info

Off Market Date
2013-04-02
Under Contract Date
2013-01-01
Close of Escrow Date
2013-04-02

Legal Info

Township
4N
Range
1E
Section
36
Lot Number
11

More Information

Sold Info

Loan Type
Cash
Payment Type
Other
Clsing Cost Split
Normal - N
Buyer Concession to Seller
3
Buyer Concession $/%
%
Seller Concession to Buyer
3
Seller Concession $/%
%

Construction

Metal
Yes
Wood Frame
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

Commercial
Yes
Office
Yes

Business Type

Professional/Office
Yes

Stories

1 Story
Yes

Pmt & Rate Info

Down Payment
0
Equity
650000
Total Owed
0
Assessment Balance
0

Ceiling Height

8.1 Feet to 10 Feet
Yes

Heating

Electric
Yes

Cooling

Central Air
Yes
Office A/C
Yes

Interior Features

Finished
Yes

Loading Facilities

None
Yes

Road Surface Type

Asphalt
Yes

Exterior

Sprinkler System-Ground
Yes
Landscaping
Yes
Curb(s) & Gutter(s)
Yes
Building Sign
Yes
Sidewalk(s)
Yes

Source of Fincl Data

Owner
Yes

Fencing

Partial
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Free
Yes
Private
Yes
Paved
Yes

Electric

APS
Yes

Gas

Other (See Remarks)
Yes

New Financing

Cash Only
Yes
Cash to Loan
Yes
Lease
Yes

Special

REO Property
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: Commercial; Office Business Type: Professional/Office Stories: 1 Story Construction: Metal; Wood Frame Roofing: Other Floors: Other Ceiling Height: 8.1 Feet to 10 Feet Cooling: Central Air; Office A/C Loading Facilities: None Interior Features: Finished Exterior: Sprinkler System-Ground; Landscaping; Curb(s) & Gutter(s); Building Sign; Sidewalk(s) Fencing: Partial Parking Features: Free; Private; Paved Electric: APS Gas: Other (See Remarks) Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Cash to Loan; Lease Special: REO Property 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 Road Surface Type: Asphalt Environmental: Other (See Remarks)
IDX
Listing Office: Avison Young
Last Updated: March - 14 - 2017
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