2000 E SOUTHERN Avenue, Tempe, AZ 85282
$1,950,000
Property Type:
Comm/Industry Sale
Square Footage:
13,450
Lot Size (sq. ft.):
57,499
Status:
Closed
Current Price:
$1,950,000
List Date:
9/23/2011
Last Modified:
5/23/2020
Description
100% LEASED!!! MEDICAL OFFICE BUILDING FOR SALE @ $174.35/SF!!! 2000 Place Medical Plaza is a one-story garden style medical building in close proximity to 2 successful hospitals: Tempe St. Luke's and Banner Desert Medical Center. There are currently 5 medical tenants in the project: 3 of the 4 tenants have been in the building since 1997 and the surgery center has been a Tenant since 2001. Parking: 89 total spaces. Construction: concrete block and stucco with wood joists and rafters. Heated/cooled with rooftop mounted packaged units. A Kohler diesel emergency generator is also on site. Lighted intersection for patient ease of ingress and egress. (REF GPE3550)
More Information MLS# 4650991
Contract Info
Ownership: Fee Simple
Current Price: $1,950,000
Sold Price: $1,950,000
Status: Closed
List Date: 2011-09-23
Location, Tax & Legal
Assessor's Map #: 47
Legal Description (Abbrev): SHALIMAR ESTATES
Assessor's Parcel #: 2
Assessor Parcel Ltr: H
Add'l Parcels: No
Tax Municipality: Tempe
Census Tract: 319403
Taxes: 31145.64
Legal: SHALIMAR ESTATES MCR 91-1 S 282F LOT 2 EX E 224.04F
Marketing Name: 2000 PLACE MEDICAL PLAZA
Map Code/Grid: R38
House Number: 2000
Compass: E
Street Name: SOUTHERN
St Suffix: Avenue
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85282
Zip4: 7510
County Code: Maricopa
Subdivision: Shalimar Estates
Assessor Number: 133-47-002-H
Tax Year: 2011
General Property Description
Type of Property: Medical Office
Ttl Apx SqFt Bldg: 13450
Ttl Apx Net Rnt Spc: 13450
# of Buildings: 1
Uncvrd Parking Spcs: 71
Year Built: 1976
Zoning: CSS
Legal Info
Range: 4E
Section: 25
Township: 1N
Lot Number: 2
Construction
Block: 1
Tilt-Up: 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: 31145.64
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Office: 1
Business Type
Dental: 1
Medical: 1
Professional/Office: 1
Stories
2 Stories: 1
Pmt & Rate Info
Down Payment: 0
Equity: 2345000
Total Owed: 0
Assessment Balance: 0
Ceiling Height
8.1 Feet to 10 Feet: 1
Heating
Electric: 1
Cooling
Central Air: 1
Office A/C: 1
Interior Features
Finished: 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
Monument Sign: 1
Source of Fincl Data
Owner: 1
Fencing
Partial: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Private: 1
Paved: 1
Electric
SRP: 1
Gas
Other (See Remarks): 1
New Financing
Cash Only: 1
Cash to Loan: 1
Existing 1st Loan
Treat as Free&Clear: 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: 3
Buyer Concession $/%: %
Seller Concession to Buyer: 3
Seller Concession $/%: %
Remarks Misc
Cross Street: E. Southern Avenue & S. Country Club Way.
Directions: Loop 101 ( Price Freeway) to E. Southern Avenue west.
Geo Lat: 33.393504
Geo Lon: -111.900045
Status Change Info
Off Market Date: 2012-08-23
Under Contract Date: 2012-06-01
Close of Escrow Date: 2012-08-17
Sold Price: $1,950,000
Property Features
Building Type: Commercial; Office
Business Type: Dental; Medical; Professional/Office
Stories: 2 Stories
Construction: Block; Tilt-Up
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); Sidewalk(s); Monument Sign
Fencing: Partial
Parking Features: Free; Private; Paved
Electric: SRP
Gas: Other (See Remarks)
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash Only; Cash to Loan
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)
Listing Office:
Avison Young
Last Updated: May - 23 - 2020
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