5550 E MCDOWELL Road, Mesa, AZ 85215
$3,570,000
Property Type:
Comm/Industry Sale
Square Footage:
45,066
Lot Size (sq. ft.):
180,687
Status:
Closed
Current Price:
$3,570,000
List Date:
9/13/2016
Last Modified:
12/15/2016
Overview
Description
Two commercial buildings, 1 two story building 21,455 sq.ft. with r/d area and plenty of office space. 100% air conditioned with 10 new a/c units and new roof within past 18 months. 25yr. roof warranty, 800amp. Second building is 23,600 sq.ft. and all but 1500 sq. ft. is air conditioned and that section is evaporative cooled. 7 new a/c units, 20' ceiling height, 2000 amp with emergency backup generator that provides 25KW.480V/3Phase supply connected to an automatic transfer switch. Buildings sit on a 4.15 acre parcel overlooking the Longbow Golf Course and there is the potential to expand the campus with an adjoining 4.14 acre that is For Sale at $900,000.00 MLS #5174910 and can be included with the purchase of this property. Located within minutes of the 202 Red Mtn Freeway.
Listing Details MLS# 5371191
Location, Tax & Legal
- Map Code/Grid
- P41
- House Number
- 5550
- Compass
- E
- Street Name
- MCDOWELL
- St Suffix
- Road
- City/Town Code
- Mesa
- State/Province
- AZ
- Zip Code
- 85215
- Zip4
- 9605
- County Code
- Maricopa
- Assessor Number
- 141-42-004-X
- Tax Year
- 2015
- Assessor's Map #
- 42
- Legal Description (Abbrev)
- PT SE4 SE4 SW4 SEC 35 DAF BEG S4 COR SEC 35 TH N 55F TPOB TH CONT N 600F TH W 307.25F TH S 600F
- Assessor's Parcel #
- 4
- Assessor Parcel Ltr
- X
- Add'l Parcels
- No
- Tax Municipality
- Mesa
- Census Tract
- 420206
- Taxes
- 35118
- Legal
- PT SE4 SE4 SW4 SEC 35 DAF BEG S4 COR SEC 35 TH N 55F TPOB TH CONT N 600F TH W 307.25F TH S 600F
Contract Info
- Ownership
- Fee Simple
General Property Description
- Ttl Apx SqFt Bldg
- 45066
- # of Buildings
- 2
- Year Built
- 2000
- Volts/Amps
- 800 and 2000
- Uncvrd Parking Spcs
- 50
- Zoning
- industrial
Remarks Misc
- Cross Street
- Highley & McDowell Rd
- Directions
- East on McDowell Rd about 1 mile to property on left of street
Status Change Info
- Off Market Date
- 2016-09-14
- Under Contract Date
- 2016-09-02
- Close of Escrow Date
- 2016-12-14
Legal Info
- Township
- 2N
- Range
- 6E
- Section
- 35
More Information
Bay Info
- # of Bays
- 2
- # of Bay Doors
- 2
- Bay Door Height
- 16
Sold Info
- Loan Type
- Carryback
- Loan Years
- 5
- Payment Type
- Interest Only
- Clsing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Construction
- Block
- Yes
- Metal
- Yes
Roofing
- Built-Up
- Yes
- Metal
- Yes
Floors
- Concrete
- Yes
- Vinyl
- Yes
- Sealed
- Yes
- Carpet
- 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
- 35118
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 0
Building Type
- Commercial
- Yes
- Industrial
- Yes
- Office
- Yes
- Manufacturing
- Yes
- Distribution/Warehouse
- Yes
Business Type
- Other
- Yes
- See Remarks
- Yes
Stories
- 2 Stories
- Yes
Pmt & Rate Info
- Down Payment
- 0
- Equity
- 3700000
- Total Owed
- 0
- Assessment Balance
- 0
Ceiling Height
- 16.1 Feet to 28 Feet
- Yes
Heating
- Natural Gas
- Yes
Cooling
- Central Air
- Yes
- Office A/C
- Yes
- Warehouse A/C
- Yes
- Warehouse Evap
- Yes
Interior Features
- Finished
- Yes
- Fire Sprinklers
- Yes
- Smoke Detector(s)
- Yes
- Security System
- Yes
- Security Light(s)
- Yes
- Alarm System
- Yes
- Phone System
- Yes
- Private Restrooms
- Yes
- Public Restrooms
- Yes
Loading Facilities
- Grade Level
- Yes
Road Surface Type
- Asphalt
- Yes
Exterior
- Sprinkler System-Ground
- Yes
- Landscaping
- Yes
- Storage Yard
- Yes
Source of Fincl Data
- Unknown
- Yes
Traffic Count
- 35,001 to 50,000
- Yes
Fencing
- Partial
- Yes
Water Source
- City Franchise
- Yes
Building Features
- Conference Room
- Yes
- Reception Room
- Yes
- Kitchen
- Yes
- Computer Room
- Yes
- Overhead Crane
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Parking Lot
- Yes
- Private
- Yes
- Paved
- Yes
Electric
- SRP
- Yes
- Generator
- Yes
Gas
- City Gas
- Yes
New Financing
- Cash Only
- Yes
- Sale/Leaseback
- Yes
Existing 1st Loan
- SBA
- Yes
Existing 1st Loan Type
- Fixed
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Existing 2nd Loan
- Other (See Remarks)
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Other (See Remarks)
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- ALTA Survey Availbl
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- Phase I Available
- Yes
- Phase II Available
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Property Features
Building Type:
Commercial; Industrial; Office; Manufacturing; Distribution/Warehouse
Business Type:
Other; See Remarks
Stories:
2 Stories
Construction:
Block; Metal
Roofing:
Built-Up; Metal
Floors:
Concrete; Vinyl; Sealed; Carpet
Ceiling Height:
16.1 Feet to 28 Feet
Heating:
Natural Gas
Cooling:
Central Air; Office A/C; Warehouse A/C; Warehouse Evap
Loading Facilities:
Grade Level
Interior Features:
Finished; Fire Sprinklers; Smoke Detector(s); Security System; Security Light(s); Alarm System; Phone System; Private Restrooms; Public Restrooms
Exterior:
Sprinkler System-Ground; Landscaping; Storage Yard
Fencing:
Partial
Building Features:
Conference Room; Reception Room; Kitchen; Computer Room; Overhead Crane
Parking Features:
Parking Lot; Private; Paved
Electric:
SRP; Generator
Gas:
City Gas
Water Source:
City Franchise
Sewer:
Sewer - Public
New Financing:
Cash Only; Sale/Leaseback
Source of Fincl Data:
Unknown
Existing 1st Loan:
SBA
Existing 1st Loan Type:
Fixed
Existing 1st Loan Terms:
Not Applicable
Existing 2nd Loan:
Other (See Remarks)
Existing 2nd Loan Type:
Not Applicable
Existing 2nd Loan Terms:
Not Applicable
Existing 3rd Loan:
Other (See Remarks)
Existing 3rd Loan Type:
Not Applicable
Existing 3rd Loan Terms:
Not Applicable
Existing Othr Ln Trm:
Not Applicable
Road Surface Type:
Asphalt
Traffic Count:
35,001 to 50,000
Environmental:
Phase I Available; Phase II Available
Listing Office:
RE/MAX Fine Properties
Last Updated: December - 15 - 2016
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