Active

1818 E BASELINE Road

Mesa AZ, 85204

$2,352,746


$258.52 per sqft

Active

9,101 sqft

Other

Built in 1996

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

6768391

MLS ID

October 9, 2024

Listed

November 21, 2024

Updated

Map

1818 E BASELINE Road
Mesa AZ, 85204

Interior Features

Floor Description

Carpet, Ceramic Tile, Vinyl, Wood, Concrete


Fireplace

No


Cooling

Yes


Cooling Description

Central A/C


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

1.25 Acres


Roof

Foam, Rolled/Hot Mop


Sewer

Public Sewer

Other Property Details

Taxes

$19,425


Tax Frequency

Annually


Days on Market

2


Garage

No


Parking

Paved Parking


Parking Total

34


View

No


County

Maricopa


Water Source

City Franchise


Pool

No


Zoning

C-N, C-1

Courtesy of DeLex Realty

Listing Contact: 623-205-7725 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Yadira Luna Perez shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data Last Updated: 8:07 PM UTC, 11/21/2024.

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