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6859 E Rembrandt Ave - Bldg 1 14,424 SF Office/Medical Condo Unit Offered at $4,300,000 in Mesa, AZ 85212

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PROPERTY FACTS

Total Building Size	21,941 SF	Typical Floor Size	14,424 SF
Property Type	Office (Condo)	Year Built	2008
Property Subtype	Medical Flex Showroom OfficeLoft Creative Space	Lot Size	1.40 AC
Building Class	B	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Floors	1
Zoning	M-1, Mesa - M-1, Mesa - Office, Medical, Light Industrial

Total Building Size	21,941 SF
Property Type	Office (Condo)
Property Subtype	Medical Flex Showroom OfficeLoft Creative Space
Building Class	B
Floors	1
Typical Floor Size	14,424 SF
Year Built	2008
Lot Size	1.40 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	M-1, Mesa - M-1, Mesa - Office, Medical, Light Industrial

Air Conditioning

1 UNIT AVAILABLE

Unit 101

Unit Size	14,424 SF	Cap Rate	3.49%
Price	$4,300,000	NOI	$149,952
Price Per SF	$298.11	Sale Conditions	1031 Exchange, Sale Leaseback
Condo Use	Office/Medical	APN/Parcel ID	304-17-208A
Sale Type	Investment or Owner User

Unit Size	14,424 SF
Price	$4,300,000
Price Per SF	$298.11
Condo Use	Office/Medical
Sale Type	Investment or Owner User
Cap Rate	3.49%
NOI	$149,952
Sale Conditions	1031 Exchange, Sale Leaseback
APN/Parcel ID	304-17-208A

DESCRIPTION

Single Story, Office condo consisting of 14,424 s.f. Owner/Tenant recently signed a NNN Lease back at $22/s.f. and occupying 6,816 r.s.f., leaving appx 7,600 s.f. for user, or investment. Remaining square feet is built out previously for ASU extension classes/ 0ffices, and can be demised to accommodate a variety of office/medical/flex uses. Vacant space is also for Lease, demisable to +/- 2,100 s.f. TI Allowance available.