Search

Home > 2043 S ELLSWORTH Road, Mesa, AZ 85209 (MLS# 5723461)

2043 S ELLSWORTH Road, Mesa, AZ 85209

$4,485,000
Property Type: Comm/Industry Sale Square Footage: 10,702 Lot Size (sq. ft.): 87,991 Status: Closed
Current Price: $4,485,000 List Date: 2/14/2018 Last Modified: 1/04/2025

Description

Augusta Ranch Outparcels are part of The Village at Augusta Ranch, a successful Albertsons neighborhood shopping center. The Offering includes two buildings featuring Starbucks, Cactus Valley Pools (Poolwerx), Yogi’s Grill, State Farm, Lee Eyecare Center, Sol Azteca Mexican Food Restaurant and Soda Rush. Starbucks recently renewed their lease for 10 years and have been operating at this location since 2002, while State Farm recently renewed for 7 years and Yogi’s Grill renewed for 10 years, boboth have been in business at Augusta Ranch since 2007, proving their success at this location. Augusta Ranch Outparcels offers stable in-place income from a strong tenant mix of both national and local tenants.

More Information MLS# 5723461

Contract Info

Current Price: $4,485,000 Sold Price: $4,485,000 Status: Closed List Date: 2018-02-14 Ownership: Fee Simple

Location Tax Legal

Map Code/Grid: S43 House Number: 2043 Compass: S Street Name: ELLSWORTH St Suffix: Road City/Town Code: Mesa State/Province: AZ Zip Code: 85209 Zip4: 1224 Country: USA County Code: Maricopa Subdivision: VILLAGE AT AUGUSTA RANCH Assessor Number: 312-01-966 Tax Year: 2017

General Property Description

Type of Property: Retail Investment Ttl Apx SqFt Bldg: 10702 Ttl Apx Net Rnt Spc: 10122 # of Buildings: 2 Year Built: 2003 Uncvrd Parking Spcs: 89 Zoning: C-2

Remarks Misc

Cross Street: Baseline and Ellsworth Directions: US 60 to Ellsworth. South to property. Two outparcels. One at 2043 S. Ellsworth Rd., and the other at 9265 E. Baseline Rd. Geo Lat: 33.379046 Geo Lon: -111.636171

Status Change Info

Status Change Date: 2018-07-24 Off Market Date: 2018-07-24 Under Contract Date: 2018-05-21 Close of Escrow Date: 2018-07-23 Sold Price: $4,485,000

Legal Info

Township: 1S Range: 7E Section: 3 Lot Number: 4

Income Expenses

Gross Annual Sch Inc: 354250 Net Operating Income: 280125.3

Sold Info

Loan Type: Conventional Loan Years: 10 Payment Type: Fixed Clsing Cost Split: Normal - N Buyer Concession $/%: % Seller Concession $/%: $

Property Features

Building Type: Commercial Current Use: Service Business; Retail PAD; Restaurant; Fast Food; Medical/Dental; Retail Stories: 1 Story Construction: Block; Stucco; Frame - Wood Roofing: Built-Up; Tile Floors: Concrete; Wood; Ceramic Tile; Carpet Ceiling Height: 16.1 Feet to 28 Feet Cooling: Central A/C Loading Facilities: None Interior: Finished Exterior: Corner Lot; Dual Street Ftg; Sprinkler Sys-Ground; Landscaping; Building Sign; Monument Sign; Security Light(s) Fencing: Block; Partial Parking: Free; Public Parking Electric: SRP Gas: SW Gas; City Gas Water: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Cash to Loan; 1031 Exchange Source of Fincl Data: Provided by Owner Existing 1st Loan: Treat as Free&Clear Existing 1st Ln Type: Not Applicable Existing 1st Ln Trms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Ln Type: Not Applicable Existing 2nd Ln Trms: Not Applicable Existing 3rd Loan: Treat as Free&Clear 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: CC&R's Environmental: Phase I Available
Listing Office: Cardon Commercial
Last Updated: January - 04 - 2025
2043 S ELLSWORTH Road, Mesa, AZ 85209- MLS# 5723461
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
Search powered by FBS Products