261 N ROOSEVELT Avenue 101, Chandler, AZ 85226
$6,200,000

Property Type: Comm/Industry Sale Square Footage: 25,927 Lot Size (sq. ft.): 89,690 Status: Closed
Current Price: $6,200,000 List Date: 1/19/2019 Last Modified: 6/09/2025
Overview
Description
great medical billing facility available. Serious inquiries only.
Listing Details MLS# 5870475
Location, Tax & Legal
- Map Code/Grid
- T36
- House Number
- 261
- Compass
- N
- Street Name
- ROOSEVELT
- St Suffix
- Avenue
- City/Town Code
- Chandler
- State/Province
- AZ
- Zip Code
- 85226
- Zip4
- 2617
- County Code
- Maricopa
- Subdivision
- SOUTHPARK BUSINESS CENTER 1
- Assessor Number
- 301-68-952
- Tax Year
- 2018
- Unit #
- 101
- Assessor's Map #
- 68
- Legal Description (Abbrev)
- LOT 1 SOUTHPARK BUSINESS CENTER 1 MCR 047611
- Assessor's Parcel #
- 952
- Add'l Parcels
- No
- Tax Municipality
- Maricopa - COUNTY
- Census Tract
- 810400
- Taxes
- 29440
- Legal
- LOT 1 SOUTHPARK BUSINESS CENTER 1 MCR 047611
Contract Info
- Ownership
- Fee Simple
General Property Description
- Ttl Apx SqFt Bldg
- 25927
- Ttl Apx Net Rnt Spc
- 1000
- # of Buildings
- Yes
- Year Built
- 1998
- Uncvrd Parking Spcs
- 30
- Zoning
- I-1
Remarks Misc
- Cross Street
- Chandler Blvd and Kyrene Road
- Directions
- Chandler blvd, north on Roosevelt to building
Status Change Info
- Off Market Date
- 2019-01-18
- Under Contract Date
- 2018-12-20
- Close of Escrow Date
- 2019-01-18
Legal Info
- Township
- 1S
- Range
- 4E
- Section
- 28
- Lot Number
- Yes
More Information
Sold Info
- Loan Type
- Conventional
- Loan Years
- 30
- Payment Type
- Fixed
- Clsing Cost Split
- Buyer - B
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Construction
- Block
- Yes
Roofing
- Foam
- Yes
Floors
- Concrete
- Yes
- Vinyl
- Yes
- Ceramic Tile
- Yes
- Carpet
- Yes
Income & Expenses
- Annual Elec Exp
- 0
- Annual Gas Exp
- 0
- Annual Ins Exp
- 0
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 0
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 0
- Annual Mgmt Exp
- 0
- Annual Trash Exp
- 0
- Annual Wtr/Swr Exp
- 0
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 0
- Operating Exp
- 29440
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 0
Status Update
- Multiple Offers Recd
- Yes
Building Type
- Commercial
- Yes
- Industrial
- Yes
- Office
- Yes
Business Type
- Dental
- Yes
- Medical
- Yes
- Professional/Office
- Yes
- Warehouse
- Yes
Stories
- 1 Story
- Yes
Pmt & Rate Info
- Down Payment
- 0
- Equity
- 6800000
- Total Owed
- 0
- Assessment Balance
- 0
Ceiling Height
- 8.1 Feet to 10 Feet
- Yes
- 10.1 Feet to 12 Feet
- Yes
Heating
- Electric
- Yes
Cooling
- Central Air
- Yes
Interior Features
- Finished
- Yes
- Fire Sprinklers
- Yes
- Alarm System
- Yes
- Private Restrooms
- Yes
Loading Facilities
- None
- Yes
Road Surface Type
- Asphalt
- Yes
Exterior
- Landscaping
- Yes
Source of Fincl Data
- Other (See Remarks)
- Yes
Traffic Count
- Other (See Remarks)
- Yes
Fencing
- None
- Yes
Water Source
- City Franchise
- Yes
Building Features
- Other (See Remarks)
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Free
- Yes
- Parking Lot
- Yes
- Paved
- Yes
- Other
- Yes
Electric
- SRP
- Yes
Gas
- None
- Yes
New Financing
- Cash Only
- Yes
- Cash to Loan
- Yes
- 1031 Exchange
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Existing 1st Loan Type
- Fixed
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Existing 2nd Loan
- Treat as Free&Clear
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Other (See Remarks)
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- Seller Prop Disc Stm
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- None
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Property Features
Building Type: Commercial; Industrial; Office Business Type: Dental; Medical; Professional/Office; Warehouse Stories: 1 Story Construction: Block Roofing: Foam Floors: Concrete; Vinyl; Ceramic Tile; Carpet Ceiling Height: 8.1 Feet to 10 Feet; 10.1 Feet to 12 Feet Cooling: Central Air Loading Facilities: None Interior Features: Finished; Fire Sprinklers; Alarm System; Private Restrooms Exterior: Landscaping Fencing: None Building Features: Other (See Remarks) Parking Features: Free; Parking Lot; Paved; Other Electric: SRP Gas: None Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Cash to Loan; 1031 Exchange Status Update: Multiple Offers Recd Source of Fincl Data: Other (See Remarks) Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Road Surface Type: Asphalt Traffic Count: Other (See Remarks) Environmental: None
Listing Office: Midland Real Estate Alliance

Last Updated: June - 09 - 2025
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