• $2,352,746

1818 E BASELINE Road, Mesa, AZ 85204

Sqft9101
Listing Courtesy of DeLex Realty

Description

Great income producing property with a CAP Rate of 6.39% and a potential of 7.5% once the basement office is leased. The basement office lends for affordability, privacy, and a unique work environment of 1,900 sq.ft. available at $14/sq.ft Excellent location, just west of Gilbert Road, near the US-60 freeway, making it easily accessible. It is ideal for a medical practice or other professional services due to its established use and proximity to the Mesa and Gilbert communities. The learning center Tenant has 3 years left of a 5-year lease and the Dermatology Tenant has 2 years left of a 5-year lease. Working on leasing out the basement office. Pediatric Office 2,400 sq.ft., Pinnacle Dermatology Office 4,800 sq.ft. See Rent Roll in Photos Tab. SELLER WILL CARRY $1,000,000 if needed.

Details

Status:Active
Type:Comm/Industry Sale
Built Year:1996
Property ID:6768391

Property Location

1818 E BASELINE Road, Mesa, AZ 85204
Tour Type
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Fred Rea, Realtor®
  • Fred Rea, Realtor®