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9845 S PRIEST Drive, Tempe, AZ 85284
$2,250,000
Property Type:
Comm/Industry Sale
Square Footage:
8,612
Lot Size (sq. ft.):
66,208
Status:
Closed
Current Price:
$2,250,000
List Date:
5/23/2023
Last Modified:
7/18/2023
More Information MLS# 6560186
Contract Info
Ownership: Fee Simple
Current Price: $2,250,000
Sold Price: $2,250,000
Status: Closed
List Date: 2023-05-15
Location, Tax & Legal
Assessor's Map #: 16
Legal Description (Abbrev): LOT 2 TEMPE CROSSINGS 2 MCR 061130
Assessor's Parcel #: 47
Add'l Parcels: No
Tax Municipality: Tempe
Census Tract: 810000
Taxes: 31652
Legal: LOT 2 TEMPE CROSSINGS 2 MCR 061130
Map Code/Grid: T36
House Number: 9845
Compass: S
Street Name: PRIEST
St Suffix: Drive
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85284
Zip4: 3606
County Code: Maricopa
Subdivision: TEMPE CROSSINGS 2
Assessor Number: 308-16-047
Tax Year: 2022
General Property Description
Ttl Apx SqFt Bldg: 8612
# of Buildings: 1
Uncvrd Parking Spcs: 30
Flood Zone: No
Year Built: 2003
Zoning: PCC-2
Legal Info
Range: 4E
Section: 21
Township: 1S
Lot Number: 2
Construction
Brick: 1
Stucco: 1
Wood Frame: 1
Roofing
Tile: 1
Floors
Concrete: 1
Vinyl: 1
Ceramic Tile: 1
Carpet: 1
Income & Expenses
Annual Legal & Acctg: 935
Annual Maint Exp: 3211
Owner Association: Yes
Annual Ownr Asoc Fee: 18607
Operating Exp: 54405
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 250551
Building Type
Commercial: 1
Office: 1
Other (See Remarks): 1
Business Type
Mixed: 1
Service Business: 1
Restaurant: 1
Professional/Office: 1
Stories
1 Story: 1
Pmt & Rate Info
Cap Rate: 8.04
Equity: 1800000
Total Owed: 0
Showing Notification Methods
Email: 1
Lockbox Type
None: 1
Ceiling Height
10.1 Feet to 12 Feet: 1
16.1 Feet to 28 Feet: 1
Heating
Ceiling: 1
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
Phone System: 1
Private Restrooms: 1
Public Restrooms: 1
Loading Facilities
None: 1
Road Access Type
Dedicated Street: 1
Road Surface Type
Asphalt: 1
Concrete: 1
Exterior
Sprinkler System-Ground: 1
Landscaping: 1
Curb(s) & Gutter(s): 1
Building Sign: 1
Sidewalk(s): 1
Monument Sign: 1
Security Light(s): 1
Security Camera(s): 1
Source of Fincl Data
Owner: 1
Accountant: 1
Fencing
Concrete Panel: 1
Water Source
City Franchise: 1
Individual Meter: 1
Freeway/Highway
Up to 1 Mile: 1
Building Features
Accessible Entrance: 1
Reception Room: 1
Kitchen: 1
LAN Compatible Copr: 1
Fiber Optic Availble: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Parking Lot: 1
Paved: 1
Electric
SRP: 1
Master Meter: 1
Gas
SW Gas: 1
Individual Meter: 1
New Financing
Cash Only: 1
Existing 1st Loan Type
Fixed: 1
Use Restrictions
Currently Leased: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Sold Info
Loan Type: Cash
Loan Years: 30
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: %
Seller Concession to Buyer: 0
Seller Concession $/%: %
Remarks Misc
Cross Street: W. Ray
Geo Lat: 33.321675
Geo Lon: -111.962307
Status Change Info
Off Market Date: 2023-06-13
Under Contract Date: 2023-06-01
Close of Escrow Date: 2023-07-17
Sold Price: $2,250,000
Income Expenses
Gross Annual Sch Inc: 250551
Net Operating Income: 144799
Property Features
Building Type: Commercial; Office; Other (See Remarks)
Business Type: Mixed; Service Business; Restaurant; Professional/Office
Stories: 1 Story
Construction: Stucco; Wood Frame; Brick
Roofing: Tile
Floors: Concrete; Vinyl; Ceramic Tile; Carpet
Ceiling Height: 10.1 Feet to 12 Feet; 16.1 Feet to 28 Feet
Heating: Ceiling
Cooling: Central Air
Loading Facilities: None
Interior Features: Finished; Fire Sprinklers; Smoke Detector(s); Security System; Security Light(s); Security Camera(s); Alarm System; Phone System; Private Restrooms; Public Restrooms
Exterior: Sprinkler System-Ground; Landscaping; Curb(s) & Gutter(s); Building Sign; Sidewalk(s); Monument Sign; Security Light(s); Security Camera(s)
Fencing: Concrete Panel
Building Features: Accessible Entrance; Reception Room; Kitchen; LAN Compatible Copr; Fiber Optic Availble
Parking Features: Free; Parking Lot; Paved
Road Access Type: Dedicated Street
Electric: SRP; Master Meter
Gas: SW Gas; Individual Meter
Water Source: City Franchise; Individual Meter
Sewer: Sewer - Public
New Financing: Cash Only
Showing Notification Methods: Email
Lockbox Type: None
Source of Fincl Data: Owner; Accountant
Existing 1st Loan Type: Fixed
Road Surface Type: Asphalt; Concrete
Use Restrictions: Currently Leased
Environmental: None
Listing Office:
Vinson Realty Group
Last Updated: July - 18 - 2023
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