For Sale Commercial MLS# 6988907

625 W SOUTHERN Avenue

Mesa, AZ 85210

$1,295,000

About 625 W SOUTHERN Avenue

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.

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
1973
Living area
5,167 sqft
Price / sqft
$251
Lot
0.44
Original price
$1,475,000
MLS #
6988907

Interior

Features
Central Air, Heat Pump, Office A/C, Heat Pump, Tile, Carpet
Flooring
Tile, Carpet
Heating
Heat Pump
Cooling
Central Air, Heat Pump, Office A/C

Exterior & lot

Features
Parking Lot, Paved, Private, Free, Parking spaces: 50
Construction
Wood Frame, Composition
Roof
Composition
Lot
OC, 13422004W, Block
Fence
Block
Parking
Parking Lot, Paved, Private, Free

Schools

District
Mesa Unified District

Utilities

Utilities
Sewer-In & Connected, Public Sewer, City Franchise, Master Meter
Water
City Franchise, Master Meter
Sewer
Sewer-In & Connected, Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$7,746
Tax year
2025
Parcel
13422004W

Location

County
Maricopa
Neighborhood
Pace II East
Community
Maricopa, Paved, Arizona Regional Multiple Listing Service 2
Directions
From the intersection of Southern Ave. and Country Club Dr. go West on Southern to Property on Left.

Location

Neighborhood
Pace II East
School district
Mesa Unified District

Ask about this property

Questions on 625 W SOUTHERN Avenue, Mesa, AZ 85210, or want to see it in person?

Listed by Robert Joseph Kapelke, American Realty Brokers

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.