$2,352,746
bedrooms
0
bathrooms
0
square feet
9,101
Acreage
1.25
Open Houses
-
year built
1996
Full Baths
0
Half Baths
0
Great income producing property with a CAP Rate of 6.39% and a potential of 7.5% once the basement office is leased out.
The basement office lends for affordability, privacy, and a unique work environment of 1,900 sq.ft. available at $14/sq.ft This property offers an excellent location, just west of Gilbert Road, near the US-60 freeway, making it easily accessible. It is ideal for a medical practice or other professional services due to its established use and proximity to the Mesa and Gilbert communities. The Pediatric Tenant has 4 years left of a 5-year lease and the Dermatology Tenant has 3 years left of a 5-year lease. Working on leasing out the basement office. Pediatric Office 2,400 sq.ft., Pinnacle Dermatology Office 4,800 sq.ft. See Rent Roll in Photos Tab
Location | |
Subdivision | - |
County | Maricopa |
Elementary School | - |
Middle School | - |
High School | - |
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Copyright © 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Wednesday, January 15 2025 at 1:23 a.m. EST
Kotohomes National
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