4039 E RAYMOND Street, Phoenix, AZ 85040

$2,895,000
Property Type: Comm/Industry Sale Square Footage: 64,375 Lot Size (sq. ft.): 302,742 Status: Closed
Current Price: $2,895,000 List Date: 8/14/2013 Last Modified: 12/13/2013

Overview

Description

Can be demised in multi-tenant or single user. Located on 6.95 Acres (includes excess land). Abundant parking covers excess land (approximately 500 spaces). Air conditioned multi-purpose, multi-tenant or single user building. ''As Is'' sale. No warranty. Also for lease - call for rates. Zoning A-1, City of Phoenix. Various ceiling heights. Industrial 50%, Office 50%. Ideal central Phoenix/Airport location with immediate access to I-10, Loop 202 and the US 60 Freeways. Southern portion of lots have been conveyed to State of Arizona in 2012. (REF GPE3727)

Listing Details MLS# 4983020

Location, Tax & Legal

Map Code/Grid
Q35
House Number
4039
Compass
E
Street Name
RAYMOND
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85040
Zip4
1930
Country
US
County Code
Maricopa
Subdivision
Maricopa Freeway Center 1 North
Assessor Number
124-54-012
Tax Year
2012
Assessor's Map #
54
Legal Description (Abbrev)
MARICOPA FREEWAY CENTER 1 NORTH
Assessor's Parcel #
12
Add'l Parcels
Yes
Tax Municipality
Phoenix
Census Tract
115200
Taxes
0
Legal
MARICOPA FREEWAY CENTER 1 NORTH LOT 6 EX NLY 3'
Marketing Name
4039 E. RAYMOND ST.

Contract Info

Ownership
Fee Simple

General Property Description

Type of Property
Industrial
Ttl Apx SqFt Bldg
64375
# of Buildings
Yes
Year Built
1974
Uncvrd Parking Spcs
500
Zoning
A-1

Remarks Misc

Cross Street
NEC I-10 & 40th St.
Directions
NEC I-10/60 to S. 40th St. north, then east on E. Raymond Street.

Status Change Info

Off Market Date
2013-12-13
Under Contract Date
2013-10-01
Close of Escrow Date
2013-12-13

Legal Info

Township
1N
Range
4E
Section
19
Lot Number
6

More Information

Sold Info

Loan Type
Cash
Payment Type
Other
Clsing Cost Split
Normal - N
Buyer Concession to Seller
3
Buyer Concession $/%
%
Seller Concession to Buyer
3
Seller Concession $/%
%

Construction

Tilt-Up
Yes
Metal
Yes
Wood Frame
Yes

Roofing

Other
Yes

Floors

Concrete
Yes
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
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Building Type

Commercial
Yes
Industrial
Yes
Distribution/Warehouse
Yes

Business Type

Mixed
Yes
Professional/Office
Yes
Warehouse
Yes

Stories

1 Story
Yes

Pmt & Rate Info

Down Payment
0
Equity
2995000
Total Owed
0
Assessment Balance
0

Ceiling Height

8.1 Feet to 10 Feet
Yes
12.1 Feet to 14 Feet
Yes

Heating

Electric
Yes

Cooling

Central Air
Yes

Interior Features

Finished
Yes

Loading Facilities

Other (See Remarks)
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Fencing

Partial
Yes

Water Source

City Franchise
Yes

Freeway/Highway

Frontage
Yes

Sewer

Sewer - Public
Yes

Parking Features

Free
Yes
Paved
Yes

Electric

APS
Yes

Gas

Other (See Remarks)
Yes

New Financing

Cash Only
Yes
Cash to Loan
Yes
Lease
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

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
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: Commercial; Industrial; Distribution/Warehouse Business Type: Mixed; Professional/Office; Warehouse Stories: 1 Story Construction: Tilt-Up; Metal; Wood Frame Roofing: Other Floors: Concrete; Other Ceiling Height: 8.1 Feet to 10 Feet; 12.1 Feet to 14 Feet Cooling: Central Air Loading Facilities: Other (See Remarks) Interior Features: Finished Fencing: Partial Parking Features: Free; Paved Electric: APS Gas: Other (See Remarks) Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Cash to Loan; Lease 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: 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 Environmental: Other (See Remarks)
IDX
Listing Office: Avison Young
Last Updated: December - 13 - 2013
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