40 W BROWN Road 109, Mesa, AZ 85201
$1,400,000
Property Type:
Comm/Industry Sale
Square Footage:
9,635
Lot Size (sq. ft.):
30,723
Status:
Closed
Current Price:
$1,400,000
List Date:
6/22/2023
Last Modified:
7/11/2023
Overview
Description
Listing Details MLS# 6528427
Location, Tax & Legal
- Map Code/Grid
- Q39
- House Number
- 40
- Compass
- W
- Street Name
- BROWN
- St Suffix
- Road
- City/Town Code
- Mesa
- State/Province
- AZ
- Zip Code
- 85201
- Zip4
- 3446
- Country
- US
- County Code
- Maricopa
- Assessor Number
- 137-20-001-F
- Tax Year
- 2022
- Unit #
- 109
- Assessor's Map #
- 20
- Legal Description (Abbrev)
- W 266F OF FOL DESC PROP S 154F OF NE4 NE4 NW4 & E 6F OF S 154F OF NW4 NE4 NW4 EX N 38.50F TH/OF &
- Assessor's Parcel #
- 1
- Assessor Parcel Ltr
- F
- Add'l Parcels
- No
- Tax Municipality
- Mesa
- Census Tract
- 421001
- Taxes
- 11158
- Legal
- W 266F OF FOL DESC PROP S 154F OF NE4 NE4 NW4 & E 6F OF S 154F OF NW4 NE4 NW4 EX N 38.50F TH/OF &
Contract Info
- Ownership
- Fee Simple
General Property Description
- Ttl Apx SqFt Bldg
- 9635
- # of Buildings
- 3
- Year Built
- 1983
- Uncvrd Parking Spcs
- 3
- Zoning
- OC
Status Change Info
- Off Market Date
- 2023-07-11
- Under Contract Date
- 2023-04-12
- Close of Escrow Date
- 2023-07-05
Legal Info
- Township
- 1N
- Range
- 5E
- Section
- 15
- Lot Number
- F
More Information
Income Expenses
- Gross Annual Sch Inc
- 108443
- Net Operating Income
- 88881.8
Sold Info
- Loan Type
- SBA
- Loan Years
- 10
- Payment Type
- Other
- Clsing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Construction
- Wood Frame
- Yes
Roofing
- Composition
- Yes
Floors
- Vinyl
- Yes
- Ceramic Tile
- Yes
- Carpet
- Yes
Income & Expenses
- Annual Elec Exp
- 2760
- Annual Trash Exp
- 1284
- Annual Wtr/Swr Exp
- 4380
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Other Income
- 0
- Vacancy Allowance
- 0.05
- Adjusted Gross Inc
- 103020.85
Building Type
- Office
- Yes
Business Type
- Professional/Office
- Yes
Stories
- 2 Stories
- Yes
Pmt & Rate Info
- Cap Rate
- 6.35
- Equity
- 1400000
- Total Owed
- 0
Showing Notification Methods
- Text
- Yes
- Yes
- Phone Call
- Yes
Lockbox Type
- None
- Yes
Ceiling Height
- 8.1 Feet to 10 Feet
- Yes
- 10.1 Feet to 12 Feet
- Yes
Heating
- Electric
- Yes
Cooling
- Central Air
- Yes
Interior Features
- Finished
- Yes
- Public Restrooms
- Yes
Loading Facilities
- None
- Yes
Exterior
- Monument Sign
- Yes
Source of Fincl Data
- Owner
- Yes
Fencing
- None
- Yes
Water Source
- City Franchise
- Yes
Building Features
- Basement
- Yes
- Kitchen
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Free
- Yes
- Parking Lot
- Yes
- Paved
- Yes
Electric
- SRP
- Yes
Gas
- None
- Yes
New Financing
- Owner May Carry
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Reports/Disclosures
- None
- Yes
Environmental
- None
- Yes
Property Features
Building Type:
Office
Business Type:
Professional/Office
Stories:
2 Stories
Construction:
Wood Frame
Roofing:
Composition
Floors:
Vinyl; Ceramic Tile; Carpet
Ceiling Height:
8.1 Feet to 10 Feet; 10.1 Feet to 12 Feet
Cooling:
Central Air
Loading Facilities:
None
Interior Features:
Finished; Public Restrooms
Exterior:
Monument Sign
Fencing:
None
Building Features:
Basement; Kitchen
Parking Features:
Free; Parking Lot; Paved
Electric:
SRP
Gas:
None
Water Source:
City Franchise
Sewer:
Sewer - Public
New Financing:
Owner May Carry
Showing Notification Methods:
Text; Email; Phone Call
Lockbox Type:
None
Source of Fincl Data:
Owner
Existing 1st Loan:
Treat as Free&Clear
Existing 1st Loan Type:
Not Applicable
Existing 1st Loan Terms:
Not Applicable
Environmental:
None
Documents
Offering Memorandum ›
Listing Office:
Orion Investment Real Estate
Last Updated: July - 11 - 2023
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