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Listing ID6534606
Price$1,200,000
StatusActive
CountyMaricopa
Year Built1989
Property TypeComm/Industry Sale
The 414 South Grand property is a freestanding 4,000 SF industrial building with a private fenced yard. It is located in Mesa, Arizona on Broadway Road between Country Club Drive & Center Street. Access to State Route 87, the US-60, and Loop 202 Red Mountain Freeway. With rental income in place and recent exterior & interior improvements, this investment property offers stabilized income through January 2026.- NNN Lease- New exterior LED lighting -Brand new roof- Two new 5-ton HVAC systems for the warehouse
County
Maricopa
Property Type
Comm/Industry Sale
Year Built
1989
Zoning
DB-2
Ceiling Height
12.1 Feet to 14 Feet
Cooling
Heat Pump, Office A/C, Warehouse A/C
Floors
Concrete
Heating
Electric, Heat Pump, Warehouse Heated
Interior
Finished, Private Restrooms, Security Light(s)
Stories
1 Story
Total Building SqFt
4001
Construction
Block
Exterior
Building Sign, Roof Sign, Storage Yard
Fencing
Block
Loading Facilities
Drive-in Door(s), Grade Level
Parking
Private Parking
Roofing
Foam
Total Land SqFt
12310
Total Parking Spaces
3
Uncovered Parking Spaces
3
Country
USA
Lot Number
5
Map Code/Grid
R39
Range
5E
Section
27
Township
1N
Building Type
Commercial, Distribution/Warehse, Industrial, Manufacturing, Office
Current Use
Office, Other, See Remarks, Warehouse
Electric
City Electric, Over 220 Amp
Environmental
None
Gas
None
Marketing Name
NNN Investment Sale
Owner Association
No
Sewer
Sewer - Public
Water
City Franchise
Adjusted Gross Income
78000
Contingency Type
UCB (Under Contract-Backups)
Financial Data Source
Provided by Owner
Gross Annual Scheduled Income
78000
Net Operating Income
78000
Operating Expense
5102
Ownership
Fee Simple
Taxes
5102
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