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2919 S Ellsworth Rd - Bldg 6

3,029 SF Office/Medical Condo Unit Offered at $2,107,020 CAD in Mesa, AZ 85212

Investment Highlights

  • 3,029 SF NNN fully leased dental office | Investment property
  • Easy access to 4 area hospitals, Phoenix-Mesa Gateway Airport, & ASU Polytechnic Campus

Executive Summary

Prime location close to Eastmark Development, one of the largest and fastest-growing area in Arizona and the Nation. Situated in Augusta Ranch Professional Village with a strong medical/dental and professional tenant mix.

Property Facts

Price $2,107,020 CAD
Unit Size 3,029 SF
No. Units 1
Total Building Size 3,029 SF
Property Type Office (Condo)
Property Subtype Medical
Sale Type Investment
Building Class B
Floors 1
Typical Floor Size 3,029 SF
Year Built 2006
Lot Size 0.12 AC
Parking Ratio 10.23/1,000 SF

1 Unit Available

Unit 126 & 128

Unit Size 3,029 SF
Price $2,107,020 CAD
Price Per SF $695.62 CAD
Condo Use Office/Medical
Sale Type Investment
Cap Rate 5.50%
NOI $115,886.10 CAD
Description

3,029 SF fully built-out dental office includes reception, a waiting area, 2 executive offices, 1 workroom, 1 kitchen/break room, and 3 restrooms

Sale Notes

6-year lease remaining with tenant Canyon Rim Dental at $27.01/NNN, with 3% annual increases. Personal guarantee and 1 five-year option, with 3% annual increases

Amenities

  • Air Conditioning

zoning

Zoning Code LC - Mesa (Light Commercial)
LC - Mesa (Light Commercial)
  • Listing ID: 27434774

  • Date on Market: 2023-01-04

  • Last Updated:

  • Address: 2919 S Ellsworth Rd, Mesa, AZ 85212

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