6239 E BROWN Road, Mesa, AZ 85205
$2,350,000
Property Type:
Comm/Industry Sale
Square Footage:
27,388
Lot Size (sq. ft.):
102,715
Status:
Closed
Current Price:
$2,350,000
List Date:
3/02/2022
Last Modified:
5/25/2022
Description
2 Buildings 100% occupied. Could be investor or owner/user (tenant with 6000sq ft will agree to divide space).
Good long term tenants. Occupied by medical, dental, vision, PT, counseling, mortgage and numerous small offices. Professionally managed. 2 miles from loop 202.
(In photos, bldg 2 floor plan the right side has 4 built out and occupied suites not depicted.)
More Information MLS# 6362831
Contract Info
Ownership: Fee Simple
Current Price: $2,350,000
Sold Price: $2,350,000
Status: Closed
List Date: 2022-03-02
Location, Tax & Legal
Building Number: 1&2
Assessor's Map #: 63
Legal Description (Abbrev): KINGS RANSOM REAMENDED MCR 67-31 W2 LOT 2 BLK 2 EX COM AT SW COR SD LOT 2 TH N 397.80F POB TH N 25F
Assessor's Parcel #: 31
Assessor Parcel Ltr: C
Add'l Parcels: No
Tax Municipality: Mesa
Census Tract: 420202
Taxes: 49796
Legal: KINGS RANSOM REAMENDED MCR 67-31 W2 LOT 2 BLK 2 EX COM AT SW COR SD LOT 2 TH N 397.80F POB TH N 25F
Marketing Name: HERSHEY PLAZA
Map Code/Grid: Q41
House Number: 6239
Compass: E
Street Name: BROWN
St Suffix: Road
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85205
Zip4: 4933
County Code: Maricopa
Subdivision: KINGS RANSOM RE-AMD
Assessor Number: 141-63-031-C
Tax Year: 2021
General Property Description
Type of Property: COMMERCIAL/OFFICE
Ttl Apx SqFt Bldg: 27388
Ttl Apx Net Rnt Spc: 22044
# of Buildings: 2
Uncvrd Parking Spcs: 71
Flood Zone: No
Year Built: 2000
Zoning: OC
Legal Info
Range: 6E
Section: 13
Township: 1N
Lot Number: 2
Construction
Stucco: 1
Metal: 1
ICAT Recessed Lighting: 1
Roofing
Foam: 1
Floors
Ceramic Tile: 1
Carpet: 1
Income & Expenses
Annual Elec Exp: 20148
Annual Gas Exp: 0
Annual Ins Exp: 6475
Annual Land Lse Exp: 0
Annual Landscape Exp: 7200
Annual Legal & Acctg: 2300
Annual Maint Exp: 23000
Annual Mgmt Exp: 25500
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 9600
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Other Expense: 0
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 326800
Building Type
Commercial: 1
Office: 1
Other (See Remarks): 1
Business Type
Dental: 1
Medical: 1
See Remarks: 1
Stories
1 Story: 1
Pmt & Rate Info
Cap Rate: 4.89
Equity: 2900000
Total Owed: 0
Lockbox Type
None: 1
Ceiling Height
8.1 Feet to 10 Feet: 1
10.1 Feet to 12 Feet: 1
Heating
Electric: 1
Cooling
Central Air: 1
Interior Features
Finished: 1
Fire Sprinklers: 1
Smoke Detector(s): 1
Security System: 1
Security Light(s): 1
Security Camera(s): 1
Alarm System: 1
Private Restrooms: 1
Public Restrooms: 1
Loading Facilities
None: 1
Road Surface Type
Concrete: 1
Exterior
Sprinkler System-Ground: 1
Landscaping: 1
Building Sign: 1
Sidewalk(s): 1
Monument Sign: 1
Source of Fincl Data
Owner: 1
Other (See Remarks): 1
Fencing
Block: 1
Water Source
City Franchise: 1
Freeway/Highway
1.1 - 2 Miles: 1
Building Features
Conference Room: 1
Kitchen: 1
Sewer
Sewer - Public: 1
Parking Features
Parking Lot: 1
Private: 1
Paved: 1
Electric
SRP: 1
Gas
None: 1
New Financing
Cash to Loan: 1
Existing 1st Loan
Other (See Rmks): 1
Existing 1st Loan Type
Adjustable/Graduated: 1
Existing 2nd Loan
Private: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
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: RECKER/BROWN
Geo Lat: 33.436653
Geo Lon: -111.696106
Status Change Info
Off Market Date: 2022-04-22
Under Contract Date: 2022-03-09
Close of Escrow Date: 2022-05-24
Sold Price: $2,350,000
Income Expenses
Gross Annual Sch Inc: 344000
Net Operating Income: 141705
Property Features
Building Type: Commercial; Office; Other (See Remarks)
Business Type: Dental; Medical; See Remarks
Stories: 1 Story
Construction: Stucco; Metal; ICAT Recessed Lighting
Roofing: Foam
Floors: 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; Fire Sprinklers; Smoke Detector(s); Security System; Security Light(s); Security Camera(s); Alarm System; Private Restrooms; Public Restrooms
Exterior: Sprinkler System-Ground; Landscaping; Building Sign; Sidewalk(s); Monument Sign
Fencing: Block
Building Features: Conference Room; Kitchen
Parking Features: Parking Lot; Private; Paved
Electric: SRP
Gas: None
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash to Loan
Lockbox Type: None
Source of Fincl Data: Owner; Other (See Remarks)
Existing 1st Loan: Other (See Rmks)
Existing 1st Loan Type: Adjustable/Graduated
Existing 2nd Loan: Private
Road Surface Type: Concrete
Environmental: None
Listing Office:
Berkshire Hathaway HomeServices Arizona Properties
Last Updated: May - 25 - 2022
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