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

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

More Information MLS# 6038970

Contract Info

Ownership: Other (See Remarks) Current Price: $820,000 Sold Price: $820,000 Status: Closed List Date: 2020-02-19

Location, Tax & Legal

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 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 County Code: Maricopa Assessor Number: 137-02-001-H Tax Year: 2019

General Property Description

Ttl Apx SqFt Bldg: 3600 # of Buildings: 1 Uncvrd Parking Spcs: 34 Year Built: 1994 Zoning: O-C

Legal Info

Range: 5E Section: 13 Township: 1N Lot Number: -

Construction

Other: 1

Roofing

Other: 1

Floors

Other: 1

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: 1

Business Type

Dental: 1 Medical: 1 Professional/Office: 1

Stories

1 Story: 1

Pmt & Rate Info

Cap Rate: 7.13 Equity: 875000 Total Owed: 0

Showing Notification Methods

Text: 1 Email: 1 Phone Call: 1

Lockbox Type

None: 1

Ceiling Height

8.1 Feet to 10 Feet: 1

Heating

Other: 1 See Remarks: 1

Cooling

Other: 1 See Remarks: 1

Interior Features

Other (See Remarks): 1

Loading Facilities

Other (See Remarks): 1

Source of Fincl Data

Other (See Remarks): 1

Fencing

Other: 1

Water Source

Other: 1

Sewer

Other: 1

Parking Features

Paved: 1

Electric

Other (See Remarks): 1

Gas

Other (See Remarks): 1

New Financing

Other (See Remarks): 1

Reports/Disclosures

Other (See Remarks): 1

Environmental

Other (See Remarks): 1

Sold Info

Loan Type: Conventional 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: N Gilbert Rd & E Brown Rd Geo Lat: 33.432913 Geo Lon: -111.788545

Status Change Info

Off Market Date: 2020-03-11 Under Contract Date: 2020-03-03 Close of Escrow Date: 2020-06-30 Sold Price: $820,000

Income Expenses

Net Operating Income: 62400

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)
Listing Office: The Menlo Group Commercial Real Estate
IDX
Last Updated: February - 16 - 2025
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