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East Baseline Professional Plaza 1250 E Baseline Rd 10,272 SF 72% Leased Office Building Tempe, AZ 85283 $2,435,000 ($237.05/SF) 6.44% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 100% Leased Multi-tenant Property

EXECUTIVE SUMMARY

• 100% Leased Multi-tenant Property
• Wood frame and stucco construction
• 2 Stories with Elevator
• Well maintained courtyard
• 20 Covered Parking Spaces
• Rents are full service (net of janitorial) or gross.
• Prominent street frontage and buildings along Baseline Rd
• Each Suite has its own Bathroom
• New roof underlayment & coating March 2022

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
10,272 SF
Building Class
B
Year Built/Renovated
1980/2022
Price
$2,435,000
Price Per SF
$237.05
Cap Rate
6.44%
NOI
$156,814
Percent Leased
72%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,136 SF
Building FAR
0.31
Lot Size
0.75 AC
Zoning
PCC-2 - Commercial, City of Tempe
Parking
49 Spaces (4.77 Spaces per 1,000 SF Leased)

AMENITIES

  • Courtyard

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 104
  • 1,619 SF
  • Office
  • Partial Build-Out
  • Now

±1,619 SF available contiguous up to ±2,873 SF sporting a layout of a reception, 2 offices, conference room, waiting room, break room, and restroom.

  • 1st Fl-Ste 105
  • 1,254 SF
  • Office
  • Partial Build-Out
  • Now

Contiguous up to ±2,873 SF! Reception, 5 Offices, Restroom, Storage, End Suite with Windows, Covered Parking, Rates are Net Janitorial

Space Size Space Use Condition Available
1st Fl-Ste 104 1,619 SF Office Partial Build-Out Now
1st Fl-Ste 105 1,254 SF Office Partial Build-Out Now

1st Fl-Ste 104

Size
1,619 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Fl-Ste 105

Size
1,254 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Fl-Ste 104

Size 1,619 SF
Space Use Office
Condition Partial Build-Out
Available Now

±1,619 SF available contiguous up to ±2,873 SF sporting a layout of a reception, 2 offices, conference room, waiting room, break room, and restroom.

1st Fl-Ste 105

Size 1,254 SF
Space Use Office
Condition Partial Build-Out
Available Now

Contiguous up to ±2,873 SF! Reception, 5 Offices, Restroom, Storage, End Suite with Windows, Covered Parking, Rates are Net Janitorial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
133-38-003B
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$121,377
  • Listing ID: 33524047

  • Date on Market: 10/15/2024

  • Last Updated:

  • Address: 1250 E Baseline Rd, Tempe, AZ 85283

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