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City Center Plaza 2 Properties Offered at $4,000,000 in Mesa, AZ
INVESTMENT HIGHLIGHTS
- Traffic Count 35.9k on Country Club and 27.3k on University Drive
EXECUTIVE SUMMARY
recent price reduction from $4.40M to $4.0M
TAXES & OPERATING EXPENSES (ACTUAL - 2024) |
ANNUAL |
|---|---|
| Gross Rental Income |
$421,204
|
| Other Income |
$5,979
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$427,183
|
| Taxes |
$47,919
|
| Operating Expenses |
$101,781
|
| Total Expenses |
$149,700
|
| Net Operating Income |
$277,483
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $421,204 |
| Other Income | |
|---|---|
| Annual | $5,979 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $427,183 |
| Taxes | |
|---|---|
| Annual | $47,919 |
| Operating Expenses | |
|---|---|
| Annual | $101,781 |
| Total Expenses | |
|---|---|
| Annual | $149,700 |
| Net Operating Income | |
|---|---|
| Annual | $277,483 |
PROPERTY FACTS
| Price | $4,000,000 | Number of Properties | 2 |
| Price / SF | $114.89 / SF | Individually For Sale | 0 |
| Cap Rate | 6.94% | Total Building Size | 34,816 SF |
| Sale Type | Investment | Total Land Area | 2.68 AC |
| Status | Escrow |
| Price | $4,000,000 |
| Price / SF | $114.89 / SF |
| Cap Rate | 6.94% |
| Sale Type | Investment |
| Status | Escrow |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 34,816 SF |
| Total Land Area | 2.68 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 423 N Country Club Dr, Mesa, AZ 85201 | Office | 18,600 SF | 1969 | - |
| 340 W University Dr, Mesa, AZ 85201 | Retail | 16,216 SF | 1975 | - |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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City Center Plaza
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