450 E ELLIOT Road, Chandler, AZ 85225
$3,220,000
Property Type:
Comm/Industry Sale
Square Footage:
58,559
Lot Size (sq. ft.):
184,285
Status:
Closed
Current Price:
$3,220,000
List Date:
3/16/2011
Last Modified:
5/23/2020
Overview
Description
BANK OWNED LIGHT INDUSTRIAL BUILDING FOR SALE OR LEASE IN CHANDLER!! SALE PRICE ONLY $63.18/SF!!! 30' clear height. Masonry construction. 10,000 SF Office (air conditioned), 48,559 SF warehouse (evaporative cooler). 5 dock high loading positions with edge of dock levelers, plus 2 grade level ramps. 1600 Amps of 277/480 Volts power. Skylights. Sprinklered. 40' x 40' column spacing. Ample parking. Zoning I-1 Light Industrial. Numerous retail, restaurant and service amenities nearby. (REF GPE3487)
Listing Details MLS# 4552992
Location, Tax & Legal
- Map Code/Grid
- S39
- House Number
- 450
- Compass
- E
- Street Name
- ELLIOT
- St Suffix
- Road
- City/Town Code
- Chandler
- State/Province
- AZ
- Zip Code
- 85225
- Zip4
- 1379
- County Code
- Maricopa
- Subdivision
- Misty Mate
- Assessor Number
- 302-24-426
- Tax Year
- 2011
- Assessor's Map #
- 24
- Legal Description (Abbrev)
- MISTY MATE
- Assessor's Parcel #
- 426
- Add'l Parcels
- No
- Tax Municipality
- Chandler
- Taxes
- 76007.6
- Legal
- MISTY MATE MCR 996-39
- Marketing Name
- 450 E ELLIOT ROAD
Contract Info
- Ownership
- Fee Simple
General Property Description
- Type of Property
- Light Industrial
- Ttl Apx SqFt Bldg
- 58559
- Ttl Apx Net Rnt Spc
- 58559
- # of Buildings
- Yes
- Year Built
- 2008
- Uncvrd Parking Spcs
- 100
- Zoning
- I-1
Remarks Misc
- Cross Street
- E/NEC E. Elliot Road and N. Arizona Avenue
- Directions
- US 60 (Superstition Freeway) to SR 87 (N. Arizona Avenue) south. East on E. Elliot Road.
Status Change Info
- Off Market Date
- 2012-01-25
- Under Contract Date
- 2012-01-23
- Close of Escrow Date
- 2012-02-01
Legal Info
- Township
- 1S
- Range
- 5E
- Section
- 10
- Lot Number
- Yes
More Information
Sold Info
- Loan Type
- Cash
- Payment Type
- Other
- Clsing Cost Split
- Normal - N
- Buyer Concession $/%
- %
- Seller Concession $/%
- %
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Construction
- Block
- Yes
- Tilt-Up
- Yes
Roofing
- Other
- Yes
Floors
- Other
- Yes
Income & Expenses
- Annual Elec Exp
- 0
- Annual Gas Exp
- 0
- Annual Ins Exp
- 0
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 0
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 0
- Annual Mgmt Exp
- 0
- Annual Trash Exp
- 0
- Annual Wtr/Swr Exp
- 0
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 0
- Operating Exp
- 76007.6
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 0
Building Type
- Commercial
- Yes
- Industrial
- Yes
- Manufacturing
- Yes
Business Type
- Mixed
- Yes
- Professional/Office
- Yes
- Warehouse
- Yes
- Wholesale
- Yes
Stories
- 1 Story
- Yes
Pmt & Rate Info
- Down Payment
- 0
- Equity
- 3700000
- Total Owed
- 0
- Assessment Balance
- 0
Ceiling Height
- 28.1 Feet or Over
- Yes
Heating
- Electric
- Yes
Cooling
- Office A/C
- Yes
- Warehouse Evap
- Yes
Interior Features
- Finished
- Yes
Loading Facilities
- Dock Leveler(s)
- Yes
Road Surface Type
- Asphalt
- Yes
Exterior
- Sprinkler System-Ground
- Yes
- Landscaping
- Yes
- Curb(s) & Gutter(s)
- Yes
- Building Sign
- Yes
Source of Fincl Data
- Owner
- Yes
Fencing
- Partial
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Free
- Yes
- Paved
- Yes
Electric
- SRP
- Yes
Gas
- Other (See Remarks)
- Yes
New Financing
- Cash Only
- Yes
- Cash to Loan
- Yes
Special
- REO Property
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Existing 2nd Loan
- Treat as Free&Clear
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Treat as Free&Clear
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- Other (See Remarks)
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- Other (See Remarks)
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Property Features
Building Type:
Commercial; Industrial; Manufacturing
Business Type:
Mixed; Professional/Office; Warehouse; Wholesale
Stories:
1 Story
Construction:
Block; Tilt-Up
Roofing:
Other
Floors:
Other
Ceiling Height:
28.1 Feet or Over
Cooling:
Office A/C; Warehouse Evap
Loading Facilities:
Dock Leveler(s)
Interior Features:
Finished
Exterior:
Sprinkler System-Ground; Landscaping; Curb(s) & Gutter(s); Building Sign
Fencing:
Partial
Parking Features:
Free; Paved
Electric:
SRP
Gas:
Other (See Remarks)
Water Source:
City Franchise
Sewer:
Sewer - Public
New Financing:
Cash Only; Cash to Loan
Special:
REO Property
Source of Fincl Data:
Owner
Existing 1st Loan:
Treat as Free&Clear
Existing 1st Loan Type:
Not Applicable
Existing 1st Loan Terms:
Not Applicable
Existing 2nd Loan:
Treat as Free&Clear
Existing 2nd Loan Type:
Not Applicable
Existing 2nd Loan Terms:
Not Applicable
Existing 3rd Loan:
Treat as Free&Clear
Existing 3rd Loan Type:
Not Applicable
Existing 3rd Loan Terms:
Not Applicable
Existing Othr Ln Trm:
Not Applicable
Road Surface Type:
Asphalt
Environmental:
Other (See Remarks)
Listing Office:
Avison Young
Last Updated: May - 23 - 2020
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