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Home > 7525 E BROADWAY Road, Mesa, AZ 85208 (MLS# 6006715)

7525 E BROADWAY Road, Mesa, AZ 85208

$3,125,000
Property Type: Comm/Industry Sale Square Footage: 20,489 Lot Size (sq. ft.): 92,919 Status: Closed
Current Price: $3,125,000 List Date: 10/05/2020 Last Modified: 8/06/2021

Description

• One parcel of land developed with two adjacent freestanding multi-tenant medical office buildings and a long-term ground-leased cell tower. • Close proximity to 3 major hospitals including Banner Baywood Medical Center, Mountain Vista Medical Center and Banner Gateway 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. • Recent parking lot asphalt repairs, reseal/stripe (September 2020). • Brand new Ambulatory Surgery Center (Southwest Cardiovascular Associates/CardioJost) located immediately adjacent to East Broadway Medical center at 7545 E. Broadway Road.

More Information MLS# 6006715

Contract Info

Current Price: $3,125,000 Sold Price: $3,125,000 Status: Closed List Date: 2019-11-19 Ownership: Other (See Remarks)

Location Tax Legal

Map Code/Grid: R42 House Number: 7525 Compass: E Street Name: BROADWAY St Suffix: Road City/Town Code: Mesa State/Province: AZ Zip Code: 85208 Zip4: 1152 Country: USA County Code: Maricopa Assessor Number: 218-58-480 Tax Year: 2020

General Property Description

Ttl Apx SqFt Bldg: 20489 # of Buildings: 2 Year Built: 1992 Uncvrd Parking Spcs: 109 Zoning: OC

Remarks Misc

Cross Street: E Broadway Rd & S Sossaman Rd Geo Lat: 33.407047 Geo Lon: -111.669316

Status Change Info

Status Change Date: 2021-02-01 Off Market Date: 2020-12-01 Under Contract Date: 2020-12-01 Close of Escrow Date: 2021-01-29 Sold Price: $3,125,000

Legal Info

Township: 1N Range: 7E Section: 30

Income Expenses

Gross Annual Sch Inc: 335520 Net Operating Income: 232355

Sold Info

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

Property Features

Building Type: Office Current Use: Medical/Dental; Office Stories: 1 Story Construction: Brick; Other (See Remarks) Roofing: Other (See Remarks) Floors: Wood; Carpet Ceiling Height: 8.1 Feet to 10 Feet Heating: Other; See Remarks Cooling: Other; See Remarks Loading Facilities: Other (See Remarks) Interior: Other (See Remarks) Fencing: Other; See Remarks Parking: Fenced; Paved Parking Electric: APS Gas: None Water: City Franchise Sewer: Sewer - Public New Financing: Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Source of Fincl Data: Other (See Remarks) Environmental: Other (See Remarks)
Listing Office: The Menlo Group Commercial Real Estate
Last Updated: August - 06 - 2021
7525 E BROADWAY Road, Mesa, AZ 85208- MLS# 6006715
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