5550 E MCDOWELL Road, Mesa, AZ 85215 (MLS# 5371191)

5550 E MCDOWELL Road, Mesa, AZ 85215

$3,570,000

Property Type: Comm/Industry Sale Square Footage: 45,066 Lot Size (sq. ft.): 180,687 Status: Closed

Current Price: $3,570,000 List Date: 9/13/2016 Last Modified: 12/15/2016

Overview

Description

Two commercial buildings, 1 two story building 21,455 sq.ft. with r/d area and plenty of office space. 100% air conditioned with 10 new a/c units and new roof within past 18 months. 25yr. roof warranty, 800amp. Second building is 23,600 sq.ft. and all but 1500 sq. ft. is air conditioned and that section is evaporative cooled. 7 new a/c units, 20' ceiling height, 2000 amp with emergency backup generator that provides 25KW.480V/3Phase supply connected to an automatic transfer switch. Buildings sit on a 4.15 acre parcel overlooking the Longbow Golf Course and there is the potential to expand the campus with an adjoining 4.14 acre that is For Sale at $900,000.00 MLS #5174910 and can be included with the purchase of this property. Located within minutes of the 202 Red Mtn Freeway.

Listing Details MLS# 5371191

Location, Tax & Legal

Map Code/Grid: P41
House Number: 5550
Compass: E
Street Name: MCDOWELL
St Suffix: Road
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85215
Zip4: 9605
Country: US
County Code: Maricopa
Assessor Number: 141-42-004-X
Tax Year: 2015

Contract Info

Ownership: Fee Simple

General Property Description

Ttl Apx SqFt Bldg: 45066
# of Buildings: 2
Year Built: 2000
Volts/Amps: 800 and 2000
Uncvrd Parking Spcs: 50
Zoning: industrial

Remarks Misc

Cross Street: Highley & McDowell Rd
Directions: East on McDowell Rd about 1 mile to property on left of street

Status Change Info

Off Market Date: 2016-09-14
Under Contract Date: 2016-09-02
Close of Escrow Date: 2016-12-14

Legal Info

Township: 2N
Range: 6E
Section: 35

More Information

Bay Info

# of Bays: 2
# of Bay Doors: 2
Bay Door Height: 16

Sold Info

Loan Type: Carryback
Loan Years: 5
Payment Type: Interest Only
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $

Property Features

Building Type: Commercial; Industrial; Office; Manufacturing; Distribution/Warehouse Business Type: Other; See Remarks Stories: 2 Stories Construction: Block; Metal Roofing: Built-Up; Metal Floors: Concrete; Vinyl; Sealed; Carpet Ceiling Height: 16.1 Feet to 28 Feet Heating: Natural Gas Cooling: Central Air; Office A/C; Warehouse A/C; Warehouse Evap Loading Facilities: Grade Level Interior Features: Finished; Fire Sprinklers; Smoke Detector(s); Security System; Security Light(s); Alarm System; Phone System; Private Restrooms; Public Restrooms Exterior: Sprinkler System-Ground; Landscaping; Storage Yard Fencing: Partial Building Features: Conference Room; Reception Room; Kitchen; Computer Room; Overhead Crane Parking Features: Parking Lot; Private; Paved Electric: SRP; Generator Gas: City Gas Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Sale/Leaseback Source of Fincl Data: Unknown Existing 1st Loan: SBA Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Remarks) 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: 35,001 to 50,000 Environmental: Phase I Available; Phase II Available

Listing Office: RE/MAX Fine Properties

Last Updated: December - 15 - 2016

5550 E MCDOWELL Road, Mesa, AZ 85215 (MLS# 5371191)