Listing Courtesy of: Lisa A Ross - DeLex Realty 602-910-3002
$2,352,746 affordable loan icon Calculate Payment

1818 E BASELINE Road Mesa, AZ 85204

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Other Residence
Beds
Baths
Sq. Ft.
1.25 Acre Lot

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Last updated on 11/15/2024 9:29 PM
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 Tab Continue reading
MLS#
6768391
Property Type
Other
Year Built
1996
Lot Size
1.25
Sewer
Public Sewer

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Listing Courtesy of: Lisa A Ross - DeLex Realty 602-910-3002
Andrea Conner, License #BR685747000, Xome Inc., License #LC658141000 [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


Information deemed reliable but not guaranteed. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. The ARMLS logo indicates a property listed by a real estate brokerage other than this broker. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
This content last refreshed on 11/15/2024 9:29 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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