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7525 E Broadway Rd, Mesa, AZ 85208
0 Beds
0 Baths
20,489 sqft

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One parcel of land, developed with two adjacent freestanding multi-tenant medical office buildings and a ground-leased celltower Nine office units Building is leased to diverse roster of medical tenants - 78.36% occupied Close proximity to 3 major hospitals including Banner Baywood Medical Center, Mountain Vista Medical Center and BannerGateway Medical Center Year Built: North Building & North Portion of South Building in 1982. Southernmost Portion of South Building in 1997 Ample parking: 5.32/1,000 - 109 open parking spaces; 21 covered spaces; 130 total Ambulatory Surgery Center to be built in Adjacent Lot Rental Income: $278,039 Operating Expenses: $96,057 NOI: $96,057 Rental Income Cap Rate: 6.77% Cell Tower Income: $18,788 Cell Tower Cap Rate:
  • Price:
  • $3,000,000
  • Square Footage:
  • 20,489
  • Acreage:
  • 2.13
  • Year Built:
  • 1992
  • Listing ID #:
  • 6006715
  • Street Address:
  • 7525 E Broadway Rd
  • City:
  • Mesa
  • State:
  • Arizona
  • Postal Code:
  • 85208
  • County:
  • Maricopa
  • Listing Status:
  • Active
  • Ceiling Height:
  • 8.1 Feet To 10 Feet
  • Construction Description:
  • Brick, Other (see Remarks)
  • Dwelling Type:
  • Office
  • Flooring:
  • Wood, Carpet
  • Interior Features:
  • Other (see Remarks)
  • Stories:
  • 1 Story
  • Total Building Square Footage:
  • 20489
  • Type Of Roof:
  • Other (see Remarks)
  • Year Built:
  • 1992
  • Adjusted Gross Income:
  • 296827.00
  • Net Operating Income:
  • 200770.00
  • Operating Expense:
  • 133228.00
  • Conforms To Zoning:
  • Oc
  • Existing Land Use:
  • Medical/Dental, Office
  • Lot Square Footage:
  • 92919.00
  • Property Taxes:
  • $37,171
  • Covered Parking Spaces:
  • 21.00
  • Fence:
  • Other (see Remarks)
  • Parking Description:
  • Fenced, Paved Parking
  • Parking Spaces:
  • 130.00
  • Uncovered Parking Spaces:
  • 109.00
  • Cooling System:
  • Other (see Remarks)
  • Electricity:
  • Aps
  • Existing Water:
  • City Franchise
  • Heating:
  • Other (see Remarks)
  • Sewage Type:
  • Sewer - Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listings Provided by The Menlo Group Commercial Real Estate
  • ARMLS

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