4827 E Southern Ave
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4827 E Southern Ave
5,122 SF 100% Leased Office Building Mesa, AZ 85206 $2,200,301 ($430/SF) 5.25% Cap Rate
Investment Highlights
- 100% leased MOB with long term NNN leases to dental tenants
- Brand new 5-year lease with Grace Dental Studio
- Whiting Dental to sign new 7-year term upon close of escrow
Executive Summary
Commercial Properties, Inc., is pleased to offer for sale a fully leased medical office building at 4827 E Southern Ave., in Mesa, Arizona. This multi-tenant, NNN investment offers stable income in a prime location. The property is located less than 0.5 miles north of the US Hwy 60 and 4.7 miles west of the 202 Loop Freeway. The building features excellent frontage on Southern Avenue, and is minutes from Banner Gateway Medical Center
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,122 SF
Building Class
B
Year Built
2000
Price
$2,200,301
Price Per SF
$430
Cap Rate
5.25%
NOI
$115,516
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,122 SF
Building FAR
0.15
Land Acres
0.78 AC
Zoning
O-C - Office Commercial District
Parking
42 Spaces (8.2 Spaces per 1,000 SF Leased)
Amenities
- Monument Signage
PROPERTY TAXES
| Parcel Number | 140-54-005R | Improvements Assessment | $0 (2025) |
| Land Assessment | $0 (2025) | Total Assessment | $116,303 (2025) |
PROPERTY TAXES
Parcel Number
140-54-005R
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$116,303 (2025)
-
Tyson Breinholt -
Clifford Jenkins -
Commercial Properties, Inc.
1 of 18
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4827 E Southern Ave
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