944 N GILBERT Road, Mesa, AZ 85203

$820,000
Property Type: Comm/Industry Sale Square Footage: 3,600 Lot Size (sq. ft.): 39,945 Status: Closed
Current Price: $820,000 List Date: 2/19/2020 Last Modified: 2/16/2025

Overview

Description

• Fully Leased Dental Office • +/- 3,600 SF • Lease Extending to October 2023 • Stable Tenant in Place - Lease Commenced 2014 • Located on Gilbert Road Between Brown Road and University Drive • Frontage on Gilbert Road • Convenient Access to US-60 and Loop 202 Freeways • Near Business and Retail Amenities

Listing Details MLS# 6038970

Location, Tax & Legal

Map Code/Grid
Q39
House Number
944
Compass
N
Street Name
GILBERT
St Suffix
Road
City/Town Code
Mesa
State/Province
AZ
Zip Code
85203
Zip4
5836
Country
US
County Code
Maricopa
Assessor Number
137-02-001-H
Tax Year
2019
Assessor's Map #
2
Legal Description (Abbrev)
BEG NE COR SEC 13 TH S 1471.48F TH S 88D 2M W 65.04F POB S 340.20F TH S 88D 2M W 220.61F N 2D W 340F
Assessor's Parcel #
1
Assessor Parcel Ltr
H
Add'l Parcels
No
Tax Municipality
Mesa
Census Tract
420800
Taxes
9942
Legal
BEG NE COR SEC 13 TH S 1471.48F TH S 88D 2M W 65.04F POB S 340.20F TH S 88D 2M W 220.61F N 2D W 340F

Contract Info

Ownership
Other (See Remarks)

General Property Description

Ttl Apx SqFt Bldg
3600
# of Buildings
Yes
Year Built
1994
Uncvrd Parking Spcs
34
Zoning
O-C

Remarks Misc

Cross Street
N Gilbert Rd & E Brown Rd

Status Change Info

Off Market Date
2020-03-11
Under Contract Date
2020-03-03
Close of Escrow Date
2020-06-30

Legal Info

Township
1N
Range
5E
Section
13
Lot Number
-

More Information

Income Expenses

Net Operating Income
62400

Sold Info

Loan Type
Conventional
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
9942
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
7.13
Equity
875000
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

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

Water Source

Other
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 Heating: Other; See Remarks Cooling: Other; See Remarks Loading Facilities: Other (See Remarks) Interior Features: Other (See Remarks) Fencing: Other Parking Features: Paved Electric: Other (See Remarks) Gas: Other (See Remarks) Water Source: Other 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 - 16 - 2025
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.