Contact Us
Details
Great income producing property with a CAP Rate of 6.39% and a potential of 7.5% once the basement office is leased out. The basement office lends for affordability, privacy, and a unique work environment of 1,900 sq.ft. available at $14/sq.ft This property offers an 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 Pediatric Tenant has 4 years left of a 5-year lease and the Dermatology Tenant has 3 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 TabPROPERTY FEATURES
Water Source :
City Franchise
Sewer Source :
Public Sewer
Electric :
SRP
Parking Features:
Paved Parking
Fencing :
Block
Cooling:
Central A/C
Heating :
Electric
Construction Materials:
Frame - Wood, Metal Siding
Flooring :
Carpet, Ceramic Tile, Vinyl, Wood, Concrete
PROPERTY DETAILS
Street Address: 1818 E BASELINE Road
City: Mesa
State: Arizona
Postal Code: 85204
County: Maricopa
MLS Number: 6768391
Year Built: 1996
Courtesy of DeLex Realty
City: Mesa
State: Arizona
Postal Code: 85204
County: Maricopa
MLS Number: 6768391
Year Built: 1996
Courtesy of DeLex Realty
Courtesy of DeLex Realty