625 W SOUTHERN Avenue, Mesa, AZ 85210
$1,475,000
Est. payment /mo
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0.44 Acres Lot
Active

625 W SOUTHERN Avenue Mesa, AZ 85210

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6988907

Year Built 1973

Annual Tax Amount $7,746

Tax Year 2025

Lot Size 0.444 Acres

Acres 0.44

Source Arizona Regional Multiple Listing Service (ARMLS)

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.

Location

State AZ

County Maricopa

Area Maricopa

Zoning OC

Direction From the intersection of Southern Ave. and Country Club Dr. go West on Southern to Property on Left.

Interior

Heating Heat Pump

Cooling Central Air, Heat Pump, Office A/C

Flooring Carpet

Exterior

Parking Features Parking Lot, Paved, Private, Free

Fence Block

Roof Type Composition

Private Pool No

Building

Dwelling Type Commercial,Office

Sewer Sewer-In & Connected, Public Sewer

Water City Franchise, Master Meter

New Construction No

Others

Senior Community No

Tax ID 134-22-004-W

Disclosures Seller Prop Disc Stm


Arizona Regional MLS (ARMLS)
Listed by American Realty Brokers • Robert Joseph Kapelke

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625 W SOUTHERN Avenue