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Office Property For Sale

Baywood Medical Center, Suite 106

130 S. 63rd Street, Suite 106, Mesa, AZ 85206

Price:
$390,913
Building Size:
1,872 SF
Price/SF:
$208.82
Property Type:
Office
Property Sub-type:
Medical Office
Additional Sub-types:
Acute Care Hospital
Office Building
Office Condo
Property Use Type:
Net Lease Investment with 5 years left on lease
Commission Split:
3%
Cap Rate:
8%
Occupancy:
100%
No. Stories:
1
Tenancy:
Single
Year Built:
2006
Parking Ratio:
5.40 / 1,000 SF
Find Out More...

Last Verified 9/26/2009 Listing ID 14754853

Highlights

Located <1 mile west of Banner Baywood Hospital in Mesa.
Medical Complex 100% built and 100% occupied.

High parking ratio.

Description

1,872 square foot suite within medical building.

Suite 106 is leased to an Internal Medicine practice.

5-year lease at $20.00/rsf/year MG (net property taxes).

See the attached space plan.

Can be sold with another medical suite that is also leased.

Photos of interior of suite will be posted shortly.

Building built in 2006, TI completed in Nov 2009.

Development located just west of Banner Baywood Hospital in Mesa. (Power & Broadway area)

Attachments

Financial Summary

Major Tenant Information

Proforma
Year
2009
Scheduled Gross Income
$42,192
Operating Expenses
$10,512
Net Operating Income
$31,680

Tenant	SF Occupied	Lease Expired
Internal Medicine	1,875	10/1/2014

Map of 130 S. 63rd Street, Suite 106, Mesa, AZ 85206 (Maricopa County)

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Presented by

rencor development

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Contact Listing Broker

Ryan Reynolds (602) 224-4502

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Created 8/17/2006

Additional Information for 130 S 63rd Street, Mesa, AZ 85206

Active For Sale - 3 Listings
Active For Lease - 0 Listing
Previously Listed - 4 Historic Listings
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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