3303 S LINDSAY Road 115, Gilbert, AZ 85297

$425,000
Property Type: Comm/Industry Sale Square Footage: 1,616 Lot Size (sq. ft.): 0 Status: Closed
Current Price: $425,000 List Date: 12/02/2020 Last Modified: 6/15/2026

Overview

Description

Turn Key User Owner or Investment Professional Suite Opportunity in Exploding South Gilbert Arizona. Very Active San Tan Professional Village is Close to Loop 202 and Adjacent to The Master Plan Office and Retail Development Rivulon. The Suite has been updated by owner with Vinyl Plank and Upgraded Carpet Flooring, Kitchen, Thermostats, LED Lighting, Doors, Water System, Cameras, AC Units Less then 5 years old. Suite enjoys lots of natural light from the reception, kitchen and majority of the private offices. Six total offices Average 133 sq.ft. with Master Office at 252 sq.ft.. Two Restrooms, Separate Entrance for Staff and Lighted Covered Parking. Seller would also entertain leasing to prospective tenant. Buyer to verify facts and figures to their own satisfaction.

Listing Details MLS# 6166852

Location, Tax & Legal

Map Code/Grid
U40
House Number
3303
Compass
S
Street Name
LINDSAY
St Suffix
Road
City/Town Code
Gilbert
State/Province
AZ
Zip Code
85297
Zip4
2100
Country
US
County Code
Maricopa
Subdivision
SAN TAN PROFESSIONAL VILLAGE CONDOMINIUM
Assessor Number
304-55-059
Tax Year
2020
Unit #
115
Assessor's Map #
55
Legal Description (Abbrev)
LOT 115 SAN TAN PROFESSIONAL VILLAGE CONDOMINIUM MCR 072313
Assessor's Parcel #
59
Add'l Parcels
No
Tax Municipality
Gilbert
Census Tract
815400
Taxes
4149
Legal
LOT 115 SAN TAN PROFESSIONAL VILLAGE CONDOMINIUM MCR 072313

Contract Info

Ownership
Fee Simple

General Property Description

Type of Property
Office, Medical
Ttl Apx SqFt Bldg
1616
# of Buildings
Yes
Year Built
2005
Uncvrd Parking Spcs
2
Zoning
BP

Remarks Misc

Cross Street
Lindsay & Pecos
Directions
202 South & Gilbert Rd., North on Gilbert, East on Pecos, South on Lindsay to property on East side of Lindsay.

Status Change Info

Off Market Date
2021-03-22
Under Contract Date
2020-12-14
Close of Escrow Date
2021-03-22

Legal Info

Township
2S
Range
6E
Section
6
Lot Number
115

More Information

Income Expenses

Gross Annual Sch Inc
32320
Net Operating Income
26260

Sold Info

Loan Type
Other
Loan Years
30
Payment Type
Other
Clsing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Construction

Stucco
Yes

Roofing

Tile
Yes

Floors

Vinyl
Yes
Carpet
Yes
Other
Yes

Income & Expenses

Annual Elec Exp
2292
Annual Gas Exp
0
Annual Ins Exp
800
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
Yes
Annual Ownr Asoc Fee
3768
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
0
Operating Exp
11009
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
32320

Building Type

Office
Yes
Other (See Remarks)
Yes

Business Type

Professional/Office
Yes

Stories

1 Story
Yes

Pmt & Rate Info

Cap Rate
6.18
Down Payment
0
Equity
425000
1st Encumbrance
0
1st Interest Rate
0
1st Payment
0
1st Payment Freq
Other
2nd Encumbrance
0
2nd Payment
0
3rd Encumbrance
0
3rd Payment
0
3rd Payment Freq
Other
Total Owed
0
Avg Rent P/SqFt
0
Assessment Balance
0

Showing Notification Methods

Text
Yes
Email
Yes
Phone Call
Yes

Lockbox Type

None
Yes

Ceiling Height

10.1 Feet to 12 Feet
Yes

Heating

Electric
Yes

Cooling

Central Air
Yes
Office A/C
Yes
Other
Yes
See Remarks
Yes

Interior Features

Fire Sprinklers
Yes
Smoke Detector(s)
Yes
Security Light(s)
Yes
Public Restrooms
Yes

Loading Facilities

None
Yes

Road Surface Type

Asphalt
Yes

Exterior

Sidewalk(s)
Yes
Other (See Remarks)
Yes

Source of Fincl Data

Owner
Yes
Projected Proforma
Yes

Traffic Count

Other (See Remarks)
Yes

Fencing

See Remarks
Yes

Water Source

See Remarks
Yes

Building Features

Kitchen
Yes

Sewer

Other
Yes

Parking Features

Parking Lot
Yes
Private
Yes

Electric

SRP
Yes

Gas

None
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

Use Restrictions

CC&R's
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: Office; Other (See Remarks) Business Type: Professional/Office Stories: 1 Story Construction: Stucco Roofing: Tile Floors: Vinyl; Carpet; Other Ceiling Height: 10.1 Feet to 12 Feet Cooling: Central Air; Office A/C; Other; See Remarks Loading Facilities: None Interior Features: Fire Sprinklers; Smoke Detector(s); Security Light(s); Public Restrooms Exterior: Sidewalk(s); Other (See Remarks) Fencing: See Remarks Building Features: Kitchen Parking Features: Parking Lot; Private Electric: SRP Gas: None Water Source: See Remarks Sewer: Other New Financing: Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Source of Fincl Data: Owner; Projected Proforma 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 Road Surface Type: Asphalt Traffic Count: Other (See Remarks) Use Restrictions: CC&R's Environmental: Other (See Remarks)
IDX
Listing Office: Better Homes & Gardens Real Estate SJ Fowler
Last Updated: June - 15 - 2026
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