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
Description
Do Not Disturb the Tenants in the Building. You may look at the exterior
of Office Building. Appointment with
Larry Minchuk or Fred Foley of WEST USA REALTY to View interior. This Garden Office Building has been well maintained.
Separate Electric meters per Office Suite. Easy to find location right on the corner of Mc Clintock & Harvard Dr.
This building is competively priced.
More Information MLS# 5066454
Contract Info
Ownership: Fee Simple
Current Price: $595,000
Sold Price: $595,000
Status: Closed
List Date: 2014-02-07
Location, Tax & Legal
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.
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
County Code: Maricopa
Subdivision: Tempe Royal Palms 14 Lot 1-34
Assessor Number: 301-01-970
Tax Year: 2013
General Property Description
Type of Property: Commercial Office Building
Ttl Apx SqFt Bldg: 6756
Ttl Apx Net Rnt Spc: 6756
# of Buildings: 3
Uncvrd Parking Spcs: 12
Lot Size Dimensions: 142.63 x 155 & 154.26 x 171.84
Year Built: 1978
Zoning: R/O
Legal Info
Range: 4E
Section: 1
Township: 1S
Lot Number: 34
Construction
Stucco: 1
Wood Frame: 1
Roofing
Tile: 1
Floors
Ceramic Tile: 1
Carpet: 1
Other: 1
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: 1
Office: 1
Business Type
Service Business: 1
Professional/Office: 1
Stories
1 Story: 1
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: 1
Heating
Electric: 1
Cooling
Central Air: 1
Interior Features
Finished: 1
Security Light(s): 1
Alarm System: 1
Private Restrooms: 1
Loading Facilities
None: 1
Road Access Type
Alley: 1
Road Surface Type
Asphalt: 1
Exterior
Corner Lot: 1
Dual Street Ftg: 1
Sprinkler System-Ground: 1
Landscaping: 1
Curb(s) & Gutter(s): 1
Sidewalk(s): 1
Monument Sign: 1
Security Light(s): 1
Source of Fincl Data
Owner: 1
Traffic Count
Over 200,000: 1
Fencing
Block: 1
Water Source
City Franchise: 1
Master Meter: 1
Freeway/Highway
Frontage: 1
Building Features
Kitchen: 1
Other (See Remarks): 1
Sewer
Sewer - Public: 1
Parking Features
Private: 1
Paved: 1
Electric
SRP: 1
Individual Meter: 1
Gas
None: 1
New Financing
Cash Only: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Use Restrictions
Currently Leased: 1
Existing Easement(s): 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Contact Info
List Agent Home Phn: 480-831-1777
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: %
Seller Concession to Buyer: 0
Seller Concession $/%: %
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.
Geo Lat: 33.376728
Geo Lon: -111.909011
Status Change Info
Off Market Date: 2015-03-03
Under Contract Date: 2015-01-21
Close of Escrow Date: 2015-03-17
Sold Price: $595,000
Income Expenses
Gross Annual Sch Inc: 52530
Net Operating Income: 35062
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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