17431 N 71ST Drive, Glendale, AZ 85308
$1,493,800
Property Type:
Comm/Industry Sale
Square Footage:
7,449
Lot Size (sq. ft.):
47,909
Status:
Closed
Current Price:
$1,493,800
List Date:
2/16/2021
Last Modified:
3/11/2025
Description
Located in the Arrowhead Office Park just blocks from Arrowhead Towne Centre, Loop 101 and thousands of residents, thriving business and professional offices. Easy access to Bell Road in a prime West Valley location. This unique investment opportunity is ready to go fully rented with solid tenants in a very well maintained building and property. The floor plans are open and bright with open spaces and private offices private restrooms in each suite and covered parking for each suite. Recent remodeled units with paint and flooring prior to each tenant. Quiet location with street visibility, and plenty of parking. The Arrowhead Corridor is one of the most desirable areas to live and work in the Valley of the Sun. Close to major shopping, dining, numerous mid-size to large scale businesses.
More Information MLS# 6194953
Contract Info
Ownership: Fee Simple
Current Price: $1,493,800
Sold Price: $1,493,800
Status: Closed
List Date: 2021-02-16
Location, Tax & Legal
Assessor's Map #: 44
Legal Description (Abbrev): LOT 11 ARROWHEAD COMMERCE PARK MCR 058528
Assessor's Parcel #: 759
Assessor Parcel Ltr: A
Add'l Parcels: Yes
Tax Municipality: Glendale
Census Tract: 617800
Taxes: 15965
Legal: LOT 11 ARROWHEAD COMMERCE PARK MCR 058528
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
Zip4: 8598
County Code: Maricopa
Subdivision: ARROWHEAD COMMERCE PARK
Assessor Number: 200-44-759-A
Tax Year: 2020
General Property Description
Ttl Apx SqFt Bldg: 7449
Ttl Apx Net Rnt Spc: 7448
# of Buildings: 1
Uncvrd Parking Spcs: 28
Lot Size Dimensions: 205X276
Flood Zone: No
Volts/Amps: 3 Phase
Year Built: 2007
Zoning: PAD
Legal Info
Range: 1E
Section: 36
Township: 4N
Lot Number: 11
Construction
Metal: 1
Wood Frame: 1
Roofing
Built-Up: 1
Floors
Vinyl: 1
Wood: 1
Ceramic Tile: 1
Carpet: 1
Income & Expenses
Annual Elec Exp: 1100
Annual Gas Exp: 0
Annual Ins Exp: 1995
Annual Land Lse Exp: 0
Annual Landscape Exp: 2400
Annual Legal & Acctg: 0
Annual Maint Exp: 1500
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 900
Owner Association: No
Annual Ownr Asoc Fee: 1438.56
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 25298.56
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 125719.92
Building Type
Commercial: 1
Office: 1
Business Type
Dental: 1
Service Business: 1
Medical: 1
Professional/Office: 1
Stories
1 Story: 1
Pmt & Rate Info
Cap Rate: 6.12
Down Payment: 0
Equity: 1640000
Total Owed: 0
Assessment Balance: 0
Showing Notification Methods
Phone Call: 1
Lockbox Type
None: 1
Ceiling Height
8.1 Feet to 10 Feet: 1
12.1 Feet to 14 Feet: 1
Heating
Electric: 1
2 or More Units: 1
Cooling
Central Air: 1
Office A/C: 1
Interior Features
Finished: 1
Fire Sprinklers: 1
Smoke Detector(s): 1
Security Light(s): 1
Private Restrooms: 1
Loading Facilities
None: 1
Road Surface Type
Asphalt: 1
Exterior
Sprinkler System-Ground: 1
Landscaping: 1
Curb(s) & Gutter(s): 1
Sidewalk(s): 1
Security Light(s): 1
Source of Fincl Data
Owner: 1
Traffic Count
Not Available: 1
Unknown: 1
Fencing
None: 1
Water Source
City Franchise: 1
Freeway/Highway
1.1 - 2 Miles: 1
Building Features
Kitchen: 1
Skylight(s): 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Private: 1
Paved: 1
Electric
APS: 1
3 Phase Power: 1
Gas
Other (See Remarks): 1
New Financing
1031 Exchange: 1
Existing 1st Loan
SBA: 1
Use Restrictions
CC&R's: 1
Currently Leased: 1
Reports/Disclosures
Other (See Remarks): 1
Environmental
Other (See Remarks): 1
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: N 71st Drive & W Camp Bello Drive
Directions: Bell Road to 73rd Ave, North to Camino San Xavier, East to Property
Geo Lat: 33.641606
Geo Lon: -112.211981
Status Change Info
Off Market Date: 2021-04-15
Under Contract Date: 2021-02-22
Close of Escrow Date: 2021-04-05
Sold Price: $1,493,800
Income Expenses
Gross Annual Sch Inc: 125719.92
Net Operating Income: 100431
Property Features
Building Type: Commercial; Office
Business Type: Dental; Service Business; Medical; Professional/Office
Stories: 1 Story
Construction: Metal; Wood Frame
Roofing: Built-Up
Floors: Vinyl; Wood; Ceramic Tile; Carpet
Ceiling Height: 8.1 Feet to 10 Feet; 12.1 Feet to 14 Feet
Heating: 2 or More Units
Cooling: Central Air; Office A/C
Loading Facilities: None
Interior Features: Finished; Fire Sprinklers; Smoke Detector(s); Security Light(s); Private Restrooms
Exterior: Sprinkler System-Ground; Landscaping; Curb(s) & Gutter(s); Sidewalk(s); Security Light(s)
Fencing: None
Building Features: Kitchen; Skylight(s)
Parking Features: Free; Private; Paved
Electric: APS; 3 Phase Power
Gas: Other (See Remarks)
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: 1031 Exchange
Showing Notification Methods: Phone Call
Lockbox Type: None
Source of Fincl Data: Owner
Existing 1st Loan: SBA
Road Surface Type: Asphalt
Traffic Count: Not Available; Unknown
Use Restrictions: CC&R's; Currently Leased
Environmental: Other (See Remarks)
Listing Office:
Diligence Realty
Last Updated: March - 11 - 2025
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.