7303 E Main Street

    Mesa, AZ 85207
    • $1,500,000
    • STATUS: Active
    • ID#: 5931885
    UPDATED: 72 min ago
    $1,500,000
    • 0
      BEDS
    • 1.69
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 17,980
      SQFT
    • $83
      $/SQFT
    Type:
    Commercial
    Built:
    1989
    County:
    Area:

    School Ratings & Info

    Description

    INVESTMENT PROPERTY - CAP 7.00 % - RETAIL - OFFICE STRIP CENTER Retail Strip center with very low rents in one of the fastest growing areas in the US. Close to the Mesa Gateway Airport, the East Valley is comprised of cities such as Tempe, Mesa, Chandler, Apache Junction, Gilbert and the Town of Queen Creek. It is a national initiative to advance business and quality of life in this region, including expansion of high-tech job growth. The East Valley has become an ideal location for those seeking an environment that is well-suited for innovative entrepreneurs as well as prospering businesses looking to expand and/or relocate. This area is a hotbed for innovation and near the expansion of the 275-square-mile Superstition Vista project that is master-planned for 800,000 people as well as

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    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Luxury Group - Realty Executives Tucson Elite. Data last updated 2019-11-17T20:10:54.01.
    www.luxurygroupaz.com/homes/95259990

    7303 E Main Street Mesa, AZ 85207

    • Price: $1,500,000
    • Status: Active
    • Updated: 72 min ago
    • ID#: 5931885
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.69
    Acres
    17,980
    SQFT
    $83
    $/SQFT
    1989
    Built
    County:
    Maricopa
    Area:
    Mesa
    Property Description
    INVESTMENT PROPERTY - CAP 7.00 % - RETAIL - OFFICE STRIP CENTER Retail Strip center with very low rents in one of the fastest growing areas in the US. Close to the Mesa Gateway Airport, the East Valley is comprised of cities such as Tempe, Mesa, Chandler, Apache Junction, Gilbert and the Town of Queen Creek. It is a national initiative to advance business and quality of life in this region, including expansion of high-tech job growth. The East Valley has become an ideal location for those seeking an environment that is well-suited for innovative entrepreneurs as well as prospering businesses looking to expand and/or relocate. This area is a hotbed for innovation and near the expansion of the 275-square-mile Superstition Vista project that is master-planned for 800,000 people as well as
    Exterior Features

    Construction Block Covered Parking Spaces 0.00 Exterior Features Other (See Remarks) Fencing None Parking Public Parking Roofing Built-Up Stories 1 Story Total Parking Spaces 30.00 Uncovered Parking Spaces 30.00

    Interior Features

    Ceiling Height 10.1 Feet To 12 Feet Cooling Central A/C Flooring Concrete Heating Heat Pump Interior Features Other (See Remarks)

    Property Features

    Adjusted Gross Inc 178204.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 0.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 74817.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Building Type Commercial Cross Street Main St & 74th St Current Use Retail Electric City Electric Gas Other (See Remarks) Gross Annual Sch Inc 178204.00 Hoa Fee 0.00 Hoa YN No Loading Facilities Other (See Remarks) Lot Number - Net Operating Income 103387.00 Operating Exp 74817.00 Other Income 0.00 Ownership Fee Simple Pad Fee 0.00 Sewer Sewer - Public Source Of Financial Data Provided By Owner Taxes 0.00 Vacancy Allowance 0.00 Water Other (See Remarks) Zoning C2

    Listing courtesy of Kasten Long Commercial Group.


    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Luxury Group - Realty Executives Tucson Elite. Data last updated 2019-11-17T20:10:54.01.
     
    Luxury Group - Realty Executives Tucson Elite
    6760 N Oracle Rd Suite 130
    Tucson AZ, 85704