1940 E THUNDERBIRD Road, Phoenix, AZ 85022
$1,785,000
Property Type:
Comm/Industry Sale
Square Footage:
15,425
Lot Size (sq. ft.):
44,083
Status:
Closed
Current Price:
$1,785,000
List Date:
7/15/2021
Last Modified:
7/22/2021
Overview
Description
Listing Details MLS# 5914694
Location, Tax & Legal
- Map Code/Grid
- L35
- House Number
- 1940
- Compass
- E
- Street Name
- THUNDERBIRD
- St Suffix
- Road
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85022
- Country
- US
- County Code
- Maricopa
- Assessor Number
- 166-19-009-D
- Tax Year
- 2018
- Assessor's Map #
- 19
- Legal Description (Abbrev)
- E 390F OF TH PT SE4 SW4 LY S OF N 1035F EX ANY PT LY W/IN THUNDERBIRD RD & EX S 5F PER D/P 12876/1 8
- Assessor's Parcel #
- 9
- Assessor Parcel Ltr
- D
- Add'l Parcels
- No
- Tax Municipality
- Phoenix
- Census Tract
- 103701
- Taxes
- 17146
- Tax District
- Marico
- Legal
- E 390F OF TH PT SE4 SW4 LY S OF N 1035F EX ANY PT LY W/IN THUNDERBIRD RD & EX S 5F PER D/P 12876/1 8
Contract Info
- Ownership
- Fee Simple
General Property Description
- Ttl Apx SqFt Bldg
- 15425
- # of Buildings
- Yes
- Year Built
- 1985
- Uncvrd Parking Spcs
- 50
- Zoning
- C-O
Remarks Misc
- Cross Street
- Greenway & Cave Creek
- Directions
- NW Corner of Cactus and Cave Creek Road (One complex West)
Status Change Info
- Off Market Date
- 2021-07-15
- Under Contract Date
- 2021-07-01
- Close of Escrow Date
- 2021-07-21
Legal Info
- Township
- 3N
- Range
- 3E
- Section
- 15
- Lot Number
- 18
More Information
Income Expenses
- Gross Annual Sch Inc
- 220000
- Net Operating Income
- 170000
Contact Info
- List Agent Home Phn
- 480-255-7327
Sold Info
- Loan Type
- Conventional
- Loan Years
- 10
- Payment Type
- Fixed
- Clsing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Construction
- Block
- Yes
- Stucco
- Yes
Roofing
- Built-Up
- Yes
- Foam
- Yes
Floors
- Wood
- Yes
- Ceramic Tile
- Yes
- Carpet
- 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
- 17146
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 220000
Building Type
- Office
- Yes
Business Type
- Dental
- Yes
- Mixed
- Yes
- Service Business
- Yes
- Religious Facility
- Yes
- Automobile
- Yes
- Medical
- Yes
- Recreation
- Yes
- Professional/Office
- Yes
- Warehouse
- Yes
- Retail
- Yes
- Wholesale
- Yes
- Other
- Yes
- See Remarks
- Yes
Stories
- 2 Stories
- Yes
Pmt & Rate Info
- Cap Rate
- 7.47
- Down Payment
- 0
- Equity
- 2275000
- Total Owed
- 0
- Assessment Balance
- 0
Ceiling Height
- 8.1 Feet to 10 Feet
- Yes
Heating
- Electric
- Yes
Cooling
- Office A/C
- Yes
Interior Features
- Finished
- Yes
- Finished to Suit
- Yes
- Security Light(s)
- Yes
- Private Restrooms
- Yes
- Public Restrooms
- Yes
Loading Facilities
- None
- Yes
Road Surface Type
- Asphalt
- Yes
Exterior
- Landscaping
- Yes
- Monument Sign
- Yes
Source of Fincl Data
- Owner
- Yes
Traffic Count
- 35,001 to 50,000
- Yes
Fencing
- Block
- Yes
Water Source
- City Franchise
- Yes
Freeway/Highway
- 1.1 - 2 Miles
- Yes
Building Features
- Public Elevator(s)
- Yes
- Conference Room
- Yes
- Kitchen
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Private
- Yes
Electric
- APS
- Yes
- Over 220 Amp
- Yes
Gas
- None
- Yes
New Financing
- Cash Only
- Yes
- Cash to Loan
- Yes
- Owner May Carry
- Yes
- 1031 Exchange
- Yes
Existing 1st Loan
- Other (See Rmks)
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Existing 2nd Loan
- Other (See Remarks)
- 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
- None
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- None
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Property Features
Building Type:
Office
Business Type:
Dental; Mixed; Service Business; Religious Facility; Automobile; Medical; Recreation; Professional/Office; Warehouse; Retail; Wholesale; Other; See Remarks
Stories:
2 Stories
Construction:
Block; Stucco
Roofing:
Built-Up; Foam
Floors:
Wood; Ceramic Tile; Carpet; Other
Ceiling Height:
8.1 Feet to 10 Feet
Cooling:
Office A/C
Loading Facilities:
None
Interior Features:
Finished; Finished to Suit; Security Light(s); Private Restrooms; Public Restrooms
Exterior:
Landscaping; Monument Sign
Fencing:
Block
Building Features:
Public Elevator(s); Conference Room; Kitchen
Parking Features:
Private
Electric:
APS; Over 220 Amp
Gas:
None
Water Source:
City Franchise
Sewer:
Sewer - Public
New Financing:
Cash Only; Cash to Loan; Owner May Carry; 1031 Exchange
Source of Fincl Data:
Owner
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:
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
Traffic Count:
35,001 to 50,000
Environmental:
None
Listing Office:
Prestige Realty
Last Updated: July - 22 - 2021
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