3654 N POWER Road 103, Mesa, AZ 85215

$860,000
Property Type: Comm/Industry Sale Square Footage: 5,785 Lot Size (sq. ft.): 1,477 Status: Closed
Current Price: $860,000 List Date: 5/31/2021 Last Modified: 6/09/2021

Overview

Description

This listing is for the ENTIRE building located at 3654 N Power Rd building #1, including ALL FOUR parcels (141-71-197, 141-71-199, 141-71-199, 141-71-200). The taxes and PAD fee reflects yearly costs for all four spaces. All spaces are currently rented and have remaining leases for six months or less, perfect for an investor or Owner User, the other tenants help cut down your operating costs! VALUE ADD--RENTS CURRENTLY DRASTICALLY BELOW MARKET. Please drive by only, DO NOT disturb occupants, unaware of sale. Please contact listing agent to show and for further information. Thank you!

Listing Details MLS# 6129106

Location, Tax & Legal

Map Code/Grid
P41
House Number
3654
Compass
N
Street Name
POWER
St Suffix
Road
City/Town Code
Mesa
State/Province
AZ
Zip Code
85215
Zip4
9755
Country
US
County Code
Maricopa
Subdivision
ZAHARA PROFESSIONAL OFFICES AMD
Assessor Number
141-71-199
Tax Year
2019
Unit #
103
Building Number
Yes
Assessor's Map #
71
Legal Description (Abbrev)
LOT 103 TRACT 1 ZAHARA PROFESSIONAL OFFICES AMD MCR 087721
Assessor's Parcel #
199
Add'l Parcels
No
Tax Municipality
Maricopa - COUNTY
Census Tract
420207
Taxes
1949
Legal
LOT 103 TRACT 1 ZAHARA PROFESSIONAL OFFICES AMD MCR 087721

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
5785
# of Buildings
Yes
Year Built
2005
Uncvrd Parking Spcs
33
Zoning
C2

Remarks Misc

Cross Street
Cross Streets: N Power Rd/W Thomas Rd
Directions
NWC of Power Road and Thomas. 1/2 mile north of the 202 loop, Located adjacent to Walgreens (immediately north of) and Opposite master planned communities of Las Sendas and Red Mountain Ranch.

Status Change Info

Off Market Date
2021-05-31
Under Contract Date
2021-04-29
Close of Escrow Date
2021-06-08

Legal Info

Township
2N
Range
6E
Section
25
Lot Number
103

More Information

Income Expenses

Gross Annual Sch Inc
65880
Net Operating Income
30624

Sold Info

Loan Type
Carryback
Loan Years
5
Payment Type
Balloon
Clsing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Construction

Stucco
Yes
Wood Frame
Yes

Roofing

Foam
Yes
Rolled
Yes

Floors

Concrete
Yes
Wood
Yes
Ceramic Tile
Yes
Carpet
Yes

Income & Expenses

Owner Association
Yes
Annual Ownr Asoc Fee
18636
Operating Exp
20585
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
65880

Building Type

Commercial
Yes
Office
Yes

Business Type

Mixed
Yes
Service Business
Yes
Religious Facility
Yes
Professional/Office
Yes
Retail
Yes

Stories

1 Story
Yes

Pmt & Rate Info

Cap Rate
3.6
Equity
850000
Total Owed
0

Showing Notification Methods

Text
Yes
Email
Yes
Phone Call
Yes

Ceiling Height

8.1 Feet to 10 Feet
Yes

Heating

Heat Pump
Yes
2 or More Units
Yes

Cooling

Heat Pump
Yes

Interior Features

Finished
Yes
Fire Sprinklers
Yes
Alarm System
Yes
Private Restrooms
Yes

Loading Facilities

None
Yes

Road Surface Type

Asphalt
Yes

Exterior

Sprinkler System-Ground
Yes
Landscaping
Yes
Curb(s) & Gutter(s)
Yes
Building Sign
Yes
Sidewalk(s)
Yes
Monument Sign
Yes

Source of Fincl Data

Owner
Yes

Traffic Count

5,001 to 15,000
Yes

Fencing

Block
Yes
Chain Link
Yes

Water Source

City Franchise
Yes
Master Meter
Yes

Freeway/Highway

Up to 1 Mile
Yes

Building Features

Reception Room
Yes
Kitchen
Yes
Showers - Office
Yes
Display Window(s)
Yes

Sewer

Sewer - Public
Yes

Railroad

Other (See Remarks)
Yes

Parking Features

Free
Yes
Parking Lot
Yes
Paved
Yes

Electric

SRP
Yes
Underground
Yes
Individual Meter
Yes
Over 220 Amp
Yes

Gas

SW Gas
Yes
Underground
Yes
Individual Meter
Yes

New Financing

Cash Only
Yes
Cash to Loan
Yes

Existing 1st Loan

Treat as Free&Clear
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
Currently Leased
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: Commercial; Office Business Type: Mixed; Service Business; Religious Facility; Professional/Office; Retail Stories: 1 Story Construction: Stucco; Wood Frame Roofing: Foam; Rolled Floors: Concrete; Wood; Ceramic Tile; Carpet Ceiling Height: 8.1 Feet to 10 Feet Heating: Heat Pump; 2 or More Units Cooling: Heat Pump Loading Facilities: None Interior Features: Finished; Fire Sprinklers; Alarm System; Private Restrooms Exterior: Sprinkler System-Ground; Landscaping; Curb(s) & Gutter(s); Building Sign; Sidewalk(s); Monument Sign Fencing: Block; Chain Link Building Features: Reception Room; Kitchen; Showers - Office; Display Window(s) Parking Features: Free; Parking Lot; Paved Electric: SRP; Underground; Individual Meter; Over 220 Amp Gas: SW Gas; Underground; Individual Meter Water Source: City Franchise; Master Meter Sewer: Sewer - Public Railroad: Other (See Remarks) New Financing: Cash Only; Cash to Loan Showing Notification Methods: Text; Email; Phone Call 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: 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: 5,001 to 15,000 Use Restrictions: CC&R's; Currently Leased Environmental: None
IDX
Listing Office: My Home Group Real Estate
Last Updated: June - 09 - 2021
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