7771 N 43RD Avenue, Phoenix, AZ 85051

$1,965,800
Property Type: Comm/Industry Sale Square Footage: 6,628 Lot Size (sq. ft.): 27,922 Status: Closed
Current Price: $1,965,800 List Date: 4/29/2020 Last Modified: 2/08/2025

Overview

Description

• Freestanding Animal Hospital For Sale ($341.65 PSF) • Established National Tenant since 2003 • 7 Year NNN Lease in Place • Expiring May 31, 2027 With 3, 5 Year Options to Renew • Covered & Surface Parking Available • Frontage on 43rd Ave with over 26,000 VPD • Adjacent to Fry's Shopping Center, Banner Urgent Care, I-17 & minutes from other major retail, dining and other amenities

Listing Details MLS# 5983669

Location, Tax & Legal

Map Code/Grid
N33
House Number
7771
Compass
N
Street Name
43RD
St Suffix
Avenue
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85051
Zip4
5712
Country
US
County Code
Maricopa
Assessor Number
151-06-006-D
Tax Year
2019
Assessor's Map #
6
Legal Description (Abbrev)
S2 OF FOL BEG AT PT 222.64F W OF SE COR NW4 NW4 N W4 TH W 411F TH N 213F TH E 411F TH S 213F POB EX
Assessor's Parcel #
6
Assessor Parcel Ltr
D
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
105800
Taxes
19792
Legal
S2 OF FOL BEG AT PT 222.64F W OF SE COR NW4 NW4 N W4 TH W 411F TH N 213F TH E 411F TH S 213F POB EX

Contract Info

Ownership
Other (See Remarks)

General Property Description

Ttl Apx SqFt Bldg
6628
# of Buildings
Yes
Year Built
2002
Uncvrd Parking Spcs
24
Zoning
C-O

Remarks Misc

Cross Street
W 43rd Ave & W Northern Ave

Status Change Info

Off Market Date
2020-08-18
Under Contract Date
2020-08-11
Close of Escrow Date
2020-12-29

Legal Info

Township
2N
Range
2E
Section
3

More Information

Income Expenses

Net Operating Income
152850

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

Other
Yes

Roofing

Other
Yes

Floors

Other
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
19792
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Building Type

Office
Yes

Business Type

Dental
Yes
Medical
Yes
Professional/Office
Yes

Stories

1 Story
Yes

Pmt & Rate Info

Cap Rate
6.75
Equity
2264444
Total Owed
0

Showing Notification Methods

Text
Yes
Email
Yes
Phone Call
Yes

Lockbox Type

None
Yes

Ceiling Height

8.1 Feet to 10 Feet
Yes
14.1 Feet to 16 Feet
Yes

Heating

Other
Yes
See Remarks
Yes

Cooling

Other
Yes
See Remarks
Yes

Interior Features

Other (See Remarks)
Yes

Loading Facilities

Other (See Remarks)
Yes

Source of Fincl Data

Other (See Remarks)
Yes

Fencing

Other
Yes
See Remarks
Yes

Water Source

Other
Yes
See Remarks
Yes

Sewer

Other
Yes

Parking Features

Paved
Yes

Electric

Other (See Remarks)
Yes

Gas

Other (See Remarks)
Yes

New Financing

Other (See Remarks)
Yes

Reports/Disclosures

Other (See Remarks)
Yes

Environmental

Other (See Remarks)
Yes

Property Features

Building Type: Office Business Type: Dental; Medical; Professional/Office Stories: 1 Story Construction: Other Roofing: Other Floors: Other Ceiling Height: 8.1 Feet to 10 Feet; 14.1 Feet to 16 Feet Heating: Other; See Remarks Cooling: Other; See Remarks Loading Facilities: Other (See Remarks) Interior Features: Other (See Remarks) Fencing: Other; See Remarks Parking Features: Paved Electric: Other (See Remarks) Gas: Other (See Remarks) Water Source: Other; See Remarks Sewer: Other New Financing: Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Source of Fincl Data: Other (See Remarks) Environmental: Other (See Remarks)
IDX
Listing Office: The Menlo Group Commercial Real Estate
Last Updated: February - 08 - 2025
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