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

Overview

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

Listing Details MLS# 5991658

Location, Tax & Legal

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
Country
US
County Code
Maricopa
Subdivision
RED MOUNTAIN BUSINESS PARK
Assessor Number
141-37-056
Tax Year
2018
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

Contract Info

Ownership
Other (See Remarks)

General Property Description

Ttl Apx SqFt Bldg
11000
# of Buildings
Yes
Year Built
2018
Uncvrd Parking Spcs
45
Zoning
LI

Remarks Misc

Cross Street
N Higley Rd & E Longbow Pkwy

Status Change Info

Off Market Date
2020-03-10
Under Contract Date
2020-02-12
Close of Escrow Date
2020-03-24

Legal Info

Township
2N
Range
6E
Section
34
Lot Number
Yes

More Information

Income Expenses

Net Operating Income
158620

Sold Info

Loan Type
Exchange
Payment Type
Other
Clsing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Construction

Other
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
Operating Exp
6804
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Building Type

Industrial
Yes
Office
Yes

Business Type

Professional/Office
Yes
Warehouse
Yes

Stories

1 Story
Yes

Pmt & Rate Info

Cap Rate
7.21
Down Payment
0
Equity
2200000
Total Owed
0
Assessment Balance
0

Showing Notification Methods

Text
Yes
Email
Yes
Phone Call
Yes

Lockbox Type

None
Yes

Ceiling Height

16.1 Feet to 28 Feet
Yes

Heating

Other
Yes
See Remarks
Yes

Cooling

Other
Yes
See Remarks
Yes

Interior Features

Finished
Yes

Loading Facilities

Other (See Remarks)
Yes

Source of Fincl Data

Other (See Remarks)
Yes

Fencing

Other
Yes
See Remarks
Yes

Water Source

Other
Yes
See Remarks
Yes

Sewer

Other
Yes

Parking Features

Paved
Yes

Electric

Other (See Remarks)
Yes

Gas

Other (See Remarks)
Yes

New Financing

Other (See Remarks)
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

Other (See Remarks)
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: 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)
IDX
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.