5225 S MCCLINTOCK Drive, Tempe, AZ 85283
$595,000
Property Type:
Comm/Industry Sale
Square Footage:
6,756
Lot Size (sq. ft.):
25,613
Status:
Closed
Current Price:
$595,000
List Date:
2/07/2014
Last Modified:
11/02/2024
Overview
Description
Listing Details MLS# 5066454
Location, Tax & Legal
- Map Code/Grid
- S37
- House Number
- 5225
- Compass
- S
- Street Name
- MCCLINTOCK
- St Suffix
- Drive
- City/Town Code
- Tempe
- State/Province
- AZ
- Zip Code
- 85283
- Zip4
- 2258
- Country
- US
- County Code
- Maricopa
- Subdivision
- Tempe Royal Palms 14 Lot 1-34
- Assessor Number
- 301-01-970
- Tax Year
- 2013
- Assessor's Map #
- 1
- Legal Description (Abbrev)
- TEMPE ROYAL PALMS 14 LOT 1-34
- Assessor's Parcel #
- 970
- Add'l Parcels
- No
- Tax Municipality
- Tempe
- Census Tract
- 319904
- Taxes
- 11979
- Legal
- TEMPE ROYAL PALMS UNIT 14 PER MCR 183-44
- Marketing Name
- TEMPE GARDEN OFFICE BLDG.
Contract Info
- Ownership
- Fee Simple
General Property Description
- Type of Property
- Commercial Office Building
- Ttl Apx SqFt Bldg
- 6756
- Ttl Apx Net Rnt Spc
- 6756
- # of Buildings
- 3
- Lot Size Dimensions
- 142.63 x 155 & 154.26 x 171.84
- Year Built
- 1978
- Uncvrd Parking Spcs
- 12
- Zoning
- R/O
Remarks Misc
- Cross Street
- BASELINE Rd. & Mc Clintock Drive
- Directions
- US 60 Freeway Exit to Mc Clintock DR. Proceed South app. 1.2 Miles just south of the intersection of Baseline Rd and Mc Clintock Dr. Eastside of Street on the Corner of Mc Clintock and Harvard Dr.
Status Change Info
- Off Market Date
- 2015-03-03
- Under Contract Date
- 2015-01-21
- Close of Escrow Date
- 2015-03-17
Legal Info
- Township
- 1S
- Range
- 4E
- Section
- Yes
- Lot Number
- 34
More Information
Income Expenses
- Gross Annual Sch Inc
- 52530
- Net Operating Income
- 35062
Contact Info
- List Agent Home Phn
- 480-831-1777
Sold Info
- Loan Type
- Cash
- 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
- Wood Frame
- Yes
Roofing
- Tile
- Yes
Floors
- Ceramic Tile
- Yes
- Carpet
- Yes
- Other
- Yes
Income & Expenses
- Annual Elec Exp
- 0
- Annual Gas Exp
- 0
- Annual Ins Exp
- 1329
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 4460
- Annual Legal & Acctg
- 890
- Annual Maint Exp
- 1700
- Annual Mgmt Exp
- 0
- Annual Trash Exp
- 0
- Annual Wtr/Swr Exp
- 3800
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 0
- Operating Exp
- 24158
- Other Income
- 2000
- Vacancy Allowance
- 0.12
- Adjusted Gross Inc
- 47986.4
Building Type
- Commercial
- Yes
- Office
- Yes
Business Type
- Service Business
- Yes
- Professional/Office
- Yes
Stories
- 1 Story
- Yes
Pmt & Rate Info
- Cap Rate
- 5.89
- Down Payment
- 595000
- Equity
- 595000
- Total Owed
- 0
- Assessment Balance
- 0
Ceiling Height
- 10.1 Feet to 12 Feet
- Yes
Heating
- Electric
- Yes
Cooling
- Central Air
- Yes
Interior Features
- Finished
- Yes
- Security Light(s)
- Yes
- Alarm System
- Yes
- Private Restrooms
- Yes
Loading Facilities
- None
- Yes
Road Access Type
- Alley
- Yes
Road Surface Type
- Asphalt
- Yes
Exterior
- Corner Lot
- Yes
- Dual Street Ftg
- Yes
- Sprinkler System-Ground
- Yes
- Landscaping
- Yes
- Curb(s) & Gutter(s)
- Yes
- Sidewalk(s)
- Yes
- Monument Sign
- Yes
- Security Light(s)
- Yes
Source of Fincl Data
- Owner
- Yes
Traffic Count
- Over 200,000
- Yes
Fencing
- Block
- Yes
Water Source
- City Franchise
- Yes
- Master Meter
- Yes
Freeway/Highway
- Frontage
- Yes
Building Features
- Kitchen
- Yes
- Other (See Remarks)
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Private
- Yes
- Paved
- Yes
Electric
- SRP
- Yes
- Individual Meter
- Yes
Gas
- None
- Yes
New Financing
- Cash Only
- 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
Use Restrictions
- Currently Leased
- Yes
- Existing Easement(s)
- 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:
Service Business; Professional/Office
Stories:
1 Story
Construction:
Stucco; Wood Frame
Roofing:
Tile
Floors:
Ceramic Tile; Carpet; Other
Ceiling Height:
10.1 Feet to 12 Feet
Cooling:
Central Air
Loading Facilities:
None
Interior Features:
Finished; Security Light(s); Alarm System; Private Restrooms
Exterior:
Corner Lot; Dual Street Ftg; Sprinkler System-Ground; Landscaping; Curb(s) & Gutter(s); Sidewalk(s); Monument Sign; Security Light(s)
Fencing:
Block
Building Features:
Kitchen; Other (See Remarks)
Parking Features:
Private; Paved
Road Access Type:
Alley
Electric:
SRP; Individual Meter
Gas:
None
Water Source:
City Franchise; Master Meter
Sewer:
Sewer - Public
New Financing:
Cash Only
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
Traffic Count:
Over 200,000
Use Restrictions:
Currently Leased; Existing Easement(s)
Environmental:
None
Listing Office:
West USA Realty
Last Updated: November - 02 - 2024
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