3256 N Higley Road, Mesa, AZ 85215
$2,000,000
Property Type:
Comm/Industry Sale
Square Footage:
11,000
Lot Size (sq. ft.):
65,384
Status:
Closed
Current Price:
$2,000,000
List Date:
1/14/2020
Last Modified:
2/09/2025
Description
• Approximately 11,000 SF
• High-End Creative Office Finishes
• Year Built: 2018
• Zoning: City of Mesa - LI
• Submarket: Falcon Field
• Located just off Red Mountain 202
• Freestanding Flex Building
• Frontage Along Higley Rd
• Occupied by Myndshift with 5-year NNN lease in place
More Information MLS# 5991658
Contract Info
Ownership: Other (See Remarks)
Current Price: $2,000,000
Sold Price: $2,000,000
Status: Closed
List Date: 2019-10-14
Location, Tax & Legal
Assessor's Map #: 37
Legal Description (Abbrev): RED MOUNTAIN BUSINESS PARK MCR 1366-19
Assessor's Parcel #: 56
Add'l Parcels: No
Tax Municipality: Mesa
Census Tract: 420206
Taxes: 6804
Legal: RED MOUNTAIN BUSINESS PARK MCR 1366-19
Map Code/Grid: P41
House Number: 3256
Compass: N
Street Name: Higley
St Suffix: Road
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85215
County Code: Maricopa
Subdivision: RED MOUNTAIN BUSINESS PARK
Assessor Number: 141-37-056
Tax Year: 2018
General Property Description
Ttl Apx SqFt Bldg: 11000
# of Buildings: 1
Uncvrd Parking Spcs: 45
Year Built: 2018
Zoning: LI
Legal Info
Range: 6E
Section: 34
Township: 2N
Lot Number: 1
Construction
Other: 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: 6804
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Industrial: 1
Office: 1
Business Type
Professional/Office: 1
Warehouse: 1
Stories
1 Story: 1
Pmt & Rate Info
Cap Rate: 7.21
Down Payment: 0
Equity: 2200000
Total Owed: 0
Assessment Balance: 0
Showing Notification Methods
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Ceiling Height
16.1 Feet to 28 Feet: 1
Heating
Other: 1
See Remarks: 1
Cooling
Other: 1
See Remarks: 1
Interior Features
Finished: 1
Loading Facilities
Other (See Remarks): 1
Source of Fincl Data
Other (See Remarks): 1
Fencing
Other: 1
See Remarks: 1
Water Source
Other: 1
See Remarks: 1
Sewer
Other: 1
Parking Features
Paved: 1
Electric
Other (See Remarks): 1
Gas
Other (See Remarks): 1
New Financing
Other (See Remarks): 1
Existing 1st Loan
Other (See Rmks): 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Other (See Remarks): 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Other (See Remarks): 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: Exchange
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: N Higley Rd & E Longbow Pkwy
Geo Lat: 33.474334
Geo Lon: -111.719236
Status Change Info
Off Market Date: 2020-03-10
Under Contract Date: 2020-02-12
Close of Escrow Date: 2020-03-24
Sold Price: $2,000,000
Income Expenses
Net Operating Income: 158620
Property Features
Building Type: Industrial; Office
Business Type: Professional/Office; Warehouse
Stories: 1 Story
Construction: Other
Roofing: Other
Floors: Other
Ceiling Height: 16.1 Feet to 28 Feet
Heating: Other; See Remarks
Cooling: Other; See Remarks
Loading Facilities: Other (See Remarks)
Interior Features: Finished
Fencing: Other; See Remarks
Parking Features: Paved
Electric: Other (See Remarks)
Gas: Other (See Remarks)
Water Source: Other; See Remarks
Sewer: Other
New Financing: Other (See Remarks)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Source of Fincl Data: Other (See Remarks)
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: Other (See Remarks)
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Environmental: Other (See Remarks)
Listing Office:
The Menlo Group Commercial Real Estate
Last Updated: February - 09 - 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.