1423 S HIGLEY Road, 125, Mesa, AZ 85206
$1,000,000
Property Type:
Comm/Industry Sale
Square Footage:
3,600
Lot Size (sq. ft.):
3,600
Status:
Closed
Current Price:
$1,000,000
List Date:
7/15/2024
Last Modified:
3/19/2025
Description
Investment or Owner/User with Rental Income Office Condo in Thriving East Mesa, Arizona. Discover the perfect blend of space, convenience, and modernity with this exceptional 3600 sqft office condo Ideally situated on high traffic count Higley Rd and the E 60 Hwy. Recently updated and meticulously maintained, this property offers a pristine environment for your business operations. Versatile office space, currently 10 executive office suites with 2 Vacant and 3 MTM Ready for Owner/User. Reception area, Kitchen and Multiple Restrooms. Thoughtfully designed floor plan to accommodate various office configurations, suitable for a wide range of professional endeavors. All facts and figures approximate, Buyer to verify all facts and figures to their satisfaction.
More Information MLS# 6731542
Contract Info
Current Price: $1,000,000
Sold Price: $1,000,000
Status: Closed
List Date: 2024-07-15
Ownership: Fee Simple
Location Tax Legal
House Number: 1423
Compass: S
Street Name: HIGLEY
St Suffix: Road
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85206
Zip4: 3450
Country: US
County Code: Maricopa
Subdivision: ENTRADA EXECUTIVE OFFICE CONDOMINIUM
Assessor Number: 141-53-707
Tax Year: 2023
General Property Description
Type of Property: Office
Ttl Apx SqFt Bldg: 3600
# of Buildings: 1
Lot Size Dimensions: 30 X 51
Year Built: 2000
Uncvrd Parking Spcs: 8
Zoning: C-O
Remarks Misc
Cross Street: HWY 60 and Higley
Directions: Eastbound 60 to Higley, North on Higley, Building is 300 yards on East side of Street.
Geo Lat: 33.389587
Geo Lon: -111.718999
Status Change Info
Status Change Date: 2025-03-19
Off Market Date: 2025-03-18
Under Contract Date: 2024-12-31
Close of Escrow Date: 2025-03-18
Sold Price: $1,000,000
Legal Info
Township: 1N
Range: 6E
Section: 35
Lot Number: 1003
Income Expenses
Gross Annual Sch Inc: 72600
Net Operating Income: 47616
Showing Notification Methods
Showing Service: Aligned Showings
Sold Info
Loan Type: Conventional
Loan Years: 10
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession to Buyer: 5000
Seller Concession $/%: $
Property Features
Building Type: Office
Business Type: Professional/Office
Stories: 1 Story
Construction: Metal; Frame - Wood
Roofing: Tile
Floors: Ceramic Tile
Ceiling Height: 10.1 Feet to 12 Feet
Cooling: Central Air
Loading Facilities: None
Interior: Finished; Fire Sprinklers; Smoke Detector(s); Private Restrooms
Exterior: Corner Lot
Fencing: See Remarks
Amenities: Reception Room; Kitchen
Parking Features: Public Parking; Private
Electric: SRP; Master Meter
Gas: Other (See Remarks)
Water Source: City Franchise
Sewer: Sewer - Public
Railroad: Other (See Remarks)
New Financing: Other (See Remarks)
Lockbox Type: None
Source of Fincl Data: Owner
Existing 1st Loan: Other (See Rmks)
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Traffic Count: 35,001 to 50,000
Use Restrictions: Other (See Remarks)
Environmental: Other (See Remarks)
Documents
Expenses ›Listing Office: Better Homes & Gardens Real Estate SJ Fowler
Last Updated: March - 19 - 2025
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