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

Overview

Listing Details MLS# 6560186

Location, Tax & Legal

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
Country
US
County Code
Maricopa
Subdivision
TEMPE CROSSINGS 2
Assessor Number
308-16-047
Tax Year
2022
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

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
8612
# of Buildings
Yes
Year Built
2003
Uncvrd Parking Spcs
30
Zoning
PCC-2
Flood Zone
No

Remarks Misc

Cross Street
W. Ray

Status Change Info

Off Market Date
2023-06-13
Under Contract Date
2023-06-01
Close of Escrow Date
2023-07-17

Legal Info

Township
1S
Range
4E
Section
21
Lot Number
2

More Information

Income Expenses

Gross Annual Sch Inc
250551
Net Operating Income
144799

Sold Info

Loan Type
Cash
Loan Years
30
Payment Type
Fixed
Clsing Cost Split
Normal - N
Buyer Concession $/%
%
Seller Concession $/%
%
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Construction

Brick
Yes
Stucco
Yes
Wood Frame
Yes

Roofing

Tile
Yes

Floors

Concrete
Yes
Vinyl
Yes
Ceramic Tile
Yes
Carpet
Yes

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
Yes
Office
Yes
Other (See Remarks)
Yes

Business Type

Mixed
Yes
Service Business
Yes
Restaurant
Yes
Professional/Office
Yes

Stories

1 Story
Yes

Pmt & Rate Info

Cap Rate
8.04
Equity
1800000
Total Owed
0

Showing Notification Methods

Email
Yes

Lockbox Type

None
Yes

Ceiling Height

10.1 Feet to 12 Feet
Yes
16.1 Feet to 28 Feet
Yes

Heating

Ceiling
Yes
Electric
Yes

Cooling

Central Air
Yes

Interior Features

Finished
Yes
Fire Sprinklers
Yes
Smoke Detector(s)
Yes
Security System
Yes
Security Light(s)
Yes
Security Camera(s)
Yes
Alarm System
Yes
Phone System
Yes
Private Restrooms
Yes
Public Restrooms
Yes

Loading Facilities

None
Yes

Road Access Type

Dedicated Street
Yes

Road Surface Type

Asphalt
Yes
Concrete
Yes

Exterior

Sprinkler System-Ground
Yes
Landscaping
Yes
Curb(s) & Gutter(s)
Yes
Building Sign
Yes
Sidewalk(s)
Yes
Monument Sign
Yes
Security Light(s)
Yes
Security Camera(s)
Yes

Source of Fincl Data

Owner
Yes
Accountant
Yes

Fencing

Concrete Panel
Yes

Water Source

City Franchise
Yes
Individual Meter
Yes

Freeway/Highway

Up to 1 Mile
Yes

Building Features

Accessible Entrance
Yes
Reception Room
Yes
Kitchen
Yes
LAN Compatible Copr
Yes
Fiber Optic Availble
Yes

Sewer

Sewer - Public
Yes

Parking Features

Free
Yes
Parking Lot
Yes
Paved
Yes

Electric

SRP
Yes
Master Meter
Yes

Gas

SW Gas
Yes
Individual Meter
Yes

New Financing

Cash Only
Yes

Existing 1st Loan Type

Fixed
Yes

Use Restrictions

Currently Leased
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

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
IDX
Listing Office: Vinson Realty Group
Last Updated: July - 18 - 2023
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