Price:
$1,399,000
Lot Size Acres:
0.44
Lot Size SqFt:
19,341
Status:
Active
Property Type:
Comm/industry Sale
Year Built:
1973
Days on Website:
99
Courtesy of American Realty Brokers
Property Description
Great income producing property zoned OC with a current CAP Rate of 5.95%. This is a TRUE NNN Lease! Current lease includes a 3% annual rent increase and also includes (2) optional 5yr extensions, each at a market rent rate determined at the time of renewal. The current Tenant acts as the property manager. If you are looking for an office building to occupy as an owner/operator, the Tenant is willing to terminate the lease and relocate. Excellent frontage to Southern Ave. Do not disturb the current tenant.
Open House
Property Details and Features
-
Building
- Built in 1973
- Living area: 5167
- Construction materials: “Wood Frame”
-
Cooling
- “Central Air”
- “Heat Pump”
- “Office A/C”
-
Fence
- “Block”
-
Floors
- “Tile”
- “Carpet”
-
Heating
- “Heat Pump”
-
Listing
- Listing ID: 6988907
- Standard status: Active
- 102 days on market
-
Lot
- 0.44 acres
- 19,341 sqft
-
Parking
- “Parking Lot”
- “Paved”
- “Private”
- “Free”
- 50 total parkings
-
Property
- Zoning: OC
-
Roof
- “Composition”
-
Security Features
- “Alarm System”
- “Security System”
-
Sewer
- “Sewer-In & Connected”
- “Public Sewer”
-
Taxes
- Annual amount: $7,746
-
Utilities
- “220 Volts”
- “SRP”
Property Map
$1,399,000 – 625 W Southern Avenue, Mesa, AZ 85210
Street View
Market Trends for 85210, Mesa, AZ
Nearby Schools
Brian Young PLLC
DPR Realty LLC
brian@07k.d98.myftpupload.com
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive,
Scottsdale,
AZ
85260
Fax:
Request More Information
Brian Young PLLC
DPR Realty LLC
brian@07k.d98.myftpupload.com
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive,
Scottsdale,
AZ
85260
Fax:
Schedule a Showing
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This content last updated on June 3, 2026 5:11PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.