400 W RAY Road 1, Chandler, AZ 85225

$1,075,000
Property Type: Comm/Industry Sale Square Footage: 8,985 Lot Size (sq. ft.): 62,706 Status: Closed
Current Price: $1,075,000 List Date: 11/15/2012 Last Modified: 10/13/2024

Overview

Description

Different from the other offerings. This BLOCK building with stucco finish,has only a metal roof. Lessor's responsible for Roof, Landscape, Parking lot replacement, and foundation. 4 newer HVAC units(2012), sprinkled, Mature landscape, 3 years on initial 10 year term, plus 15 years in options. call lister with questions.

Listing Details MLS# 4850047

Location, Tax & Legal

Map Code/Grid
T38
House Number
400
Compass
W
Street Name
RAY
St Suffix
Road
City/Town Code
Chandler
State/Province
AZ
Zip Code
85225
Zip4
1917
Country
US
County Code
Maricopa
Assessor Number
302-44-001-P
Tax Year
2013

Contract Info

Ownership
Fee Simple

General Property Description

Type of Property
Investment
Ttl Apx SqFt Bldg
8985
Ttl Apx Net Rnt Spc
9014
# of Buildings
Yes
Lot Size Dimensions
278 x 214
Year Built
2005
Volts/Amps
120/ 208
Uncvrd Parking Spcs
36
Zoning
C-1

Remarks Misc

Cross Street
Ray and Arizona Avenue
Directions
$ blocks west of Arizona Avenue, on north side of Ray Road, look for Dollar General, or its neighbor Sonic Drive-in. Do not disturb Lessee.

Status Change Info

Off Market Date
2012-12-18
Under Contract Date
2012-12-11
Close of Escrow Date
2012-12-30

Legal Info

Township
1S
Range
5E
Section
21
Lot Number
P

More Information

Bay Info

# of Bays
Yes
# of Bay Doors
2
Bay Door Height
83
Bay Door Width
72
Bay Size
9014
Max Span Lineal Ft
70

Income Expenses

Gross Annual Sch Inc
87660
Net Operating Income
87363

Contact Info

List Agent Home Phn
602-541-8191
List Agent Pager
602-541-8191

Sold Info

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

Property Features

Building Type: Commercial Business Type: Retail Stories: 1 Story Construction: Block Roofing: Metal Floors: Concrete; Vinyl Ceiling Height: 10.1 Feet to 12 Feet Heating: Office Heated; 2 or More Units Cooling: Central Air Loading Facilities: Grade Level Interior Features: Finished; Fire Sprinklers; Alarm System; Phone System; Private Restrooms Exterior: Curb(s) & Gutter(s); Building Sign; Sidewalk(s); Monument Sign Fencing: Block Building Features: Accessible Entrance Parking Features: Private; Paved Electric: SRP; Underground; Over 220 Amp; 3 Phase Power Gas: None Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Cash to Loan Special: Owner/Agent; Incorporated Area Source of Fincl Data: Owner Existing 1st Loan: Private Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Non Assumable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Road Surface Type: Asphalt Traffic Count: 25,001 to 35,000 Environmental: None
IDX
Listing Office: Wolf Realty, Inc.
Office Phone: 602-843-5200
Office Email: wolfrealty@aol.com
Last Updated: October - 13 - 2024
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