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625 W Southern Avenue, Mesa, AZ 85210

$1,475,000
Property Type: Comm/Industry Sale Square Footage: 5,167 Lot Size (sq. ft.): 19,341 Status: Active
Current Price: $1,475,000 List Date: 6/24/2025 Last Modified: 11/09/2025

Description

Great income producing property zoned OC with a CAP Rate of 5.96% for the life of the current 84-month NNN Lease! The current Tenant is into their 3rd year of their lease and (2) 5yr extensions are available, each at a market rent rate determined at the time of renewal. The current Tenant acts as the property manager. If you are looking for an office building to occupy as an owner/operator, the Tenant is willing to terminate the lease and relocate. Excellent frontage to Southern Ave. Do not disturb the current tenant.

More Information MLS# 6884307

Contract Info

Ownership: Fee Simple Current Price: $1,475,000 List Price: $1,475,000 Status: Active List Date: 2025-06-20

Location, Tax & Legal

Assessor's Map #: 22 Legal Description (Abbrev): W 105F W 305F E 315F OF S 199F N 239F OF W2 NE4 E X N 15F Assessor's Parcel #: 4 Assessor Parcel Ltr: W Add'l Parcels: No Tax Municipality: Mesa Census Tract: 422203 Taxes: 7947 Legal: W 105F W 305F E 315F OF S 199F N 239F OF W2 NE4 E X N 15F House Number: 625 Compass: W Street Name: Southern St Suffix: Avenue City/Town Code: Mesa State/Province: AZ Zip Code: 85210 County Code: Maricopa Assessor Number: 134-22-004-W Tax Year: 2024

General Property Description

Ttl Apx SqFt Bldg: 5167 # of Buildings: 1 Uncvrd Parking Spcs: 50 Year Built: 1973 Zoning: OC

Currently Not Used

Sold Price Per SqFt: 285.47

Legal Info

Range: 5E Section: 33 Township: 1N

Construction

Brick: 1 Stucco: 1 Wood Frame: 1

Roofing

Composition: 1

Floors

Vinyl: 1 Wood: 1 Ceramic Tile: 1 Carpet: 1 Other: 1

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 7947 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0

Building Type

Commercial: 1 Office: 1

Business Type

Dental: 1 Office Supply: 1 Medical: 1 Other: 1

Pmt & Rate Info

Cap Rate: 5.61 Equity: 1475000 Total Owed: 0

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Email: 1

Lockbox Type

None: 1

Ceiling Height

8 Feet or Less: 1 12.1 Feet to 14 Feet: 1

Heating

Heat Pump: 1

Cooling

Central Air: 1

Interior Features

Finished: 1 Smoke Detector(s): 1 Security System: 1 Security Camera(s): 1 Alarm System: 1

Loading Facilities

None: 1

Road Surface Type

Asphalt: 1

Exterior

Sidewalk(s): 1 Monument Sign: 1 Security Camera(s): 1

Source of Fincl Data

Owner: 1

Traffic Count

Unknown: 1

Fencing

Block: 1 Partial: 1

Water Source

City Franchise: 1 Master Meter: 1

Freeway/Highway

Up to 1 Mile: 1

Building Features

Conference Room: 1 Reception Room: 1 Kitchen: 1

Sewer

Sewer - Public: 1 Sewer-In & Connected: 1

Parking Features

Free: 1 Parking Lot: 1 Private: 1 Paved: 1

Electric

SRP: 1 220 Volts: 1

Gas

None: 1

New Financing

Cash Only: 1 Cash to Loan: 1

Existing 1st Loan

SBA: 1

Existing 1st Loan Terms

Non Assumable: 1

Use Restrictions

Currently Leased: 1 Existing Easement(s): 1

Reports/Disclosures

Seller Prop Disc Stm: 1

Environmental

None: 1

Contact Info

List Agent Home Phn: 480-854-6937

Remarks Misc

Cross Street: Southern and Country Club Directions: From the intersection of Southern Ave. and Country Club go west on Southern to property on left Geo Lat: 33.39284 Geo Lon: -111.845223

Income Expenses

Net Operating Income: 82750

Property Features

Building Type: Commercial; Office Business Type: Dental; Office Supply; Medical; Other Construction: Stucco; Wood Frame; Brick Roofing: Composition Floors: Vinyl; Wood; Ceramic Tile; Carpet; Other Ceiling Height: 8 Feet or Less; 12.1 Feet to 14 Feet Heating: Heat Pump Cooling: Central Air Loading Facilities: None Interior Features: Finished; Smoke Detector(s); Security System; Security Camera(s); Alarm System Exterior: Sidewalk(s); Monument Sign; Security Camera(s) Fencing: Block; Partial Building Features: Conference Room; Reception Room; Kitchen Parking Features: Free; Parking Lot; Private; Paved Electric: SRP; 220 Volts Gas: None Water Source: City Franchise; Master Meter Sewer: Sewer - Public; Sewer-In & Connected New Financing: Cash Only; Cash to Loan Showing Notification Methods: Text; Email Lockbox Type: None Source of Fincl Data: Owner Existing 1st Loan: SBA Existing 1st Loan Terms: Non Assumable Road Surface Type: Asphalt Traffic Count: Unknown Use Restrictions: Currently Leased; Existing Easement(s) Environmental: None
Listing Office: American Realty Brokers
IDX
Last Updated: November - 09 - 2025
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