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$2,352,746
79 Days On Site

1818 E BASELINE Road
Mesa, AZ 85204

For Sale|Office|Active
0
Beds
0
Full Baths
0
Partial Baths
9,101
SqFt
$259
/SqFt
1996
Built
County:
Maricopa

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1818 E BASELINE Road1818 E BASELINE Road1818 E BASELINE Road1818 E BASELINE Road
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Great income producing property with a CAP Rate of 6.39% and a potential of 7.5% once the basement office is leased out. The basement office lends for affordability, privacy, and a unique work environment of 1,900 sq.ft. available at $14/sq.ft This property offers an excellent location, just west of Gilbert Road, near the US-60 freeway, making it easily accessible. It is ideal for a medical practice or other professional services due to its established use and proximity to the Mesa and Gilbert communities. The Pediatric Tenant has 4 years left of a 5-year lease and the Dermatology Tenant has 3 years left of a 5-year lease. Working on leasing out the basement office. Pediatric Office 2,400 sq.ft., Pinnacle Dermatology Office 4,800 sq.ft. See Rent Roll in Photos Tab

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Listing Snapshot
Price 
$2,352,746
Days On Site 
79 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,101 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.25 Acres
Year Built 
1996
MLS® Number 
6768391
Status 
Active
Property Tax 
$19,425
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
Acres 
1.25
Disclosures 
Seller Prop Disc Stm
Parking 
Paved
Parking Spaces 
34
Property Sub Type 
Office
Sewer 
Public Sewer
Water Source 
Public
Zoning 
C-N, C-1
Interior Features
Cooling 
Central Air
Flooring 
CarpetCeramic TileVinylWoodConcrete
Heating 
Electric
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Exterior Features
Construction Details 
Metal SidingFrameWood Siding
Fencing 
Block
Roof 
FoamRolled/Hot Mop
Community Features
Roads 
Asphalt
Township 
1N
Listing courtesy of DeLex Realty.



All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Data Last Update: 2024-10-30 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
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