NOT LISTED FOR SALE
-- Bed
-- Bath
6,100 Sq Ft
0.86 Acres

Last Sold March 22, 2021

Last sale price $3,297 $1 Per Sq Ft

314 Days on Market

About This Home

As of March 2021

• Built-Out Restaurant Available for Lease
• Suite 4: +/- 2,003 SF
• $24.00 PSF NNN
• Large Dining Area and Covered Patio
• Part of Retail Center Anchored by CVS and M&I Bank
• Ample Parking
• Signage on Gilbert Rd/Chandler Heights Rd
• Prime South Chandler Location
• Just 3 miles south of San Tan Freeway & Major Retail

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 05/08/2020

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • 2007

Lot Details

  • 0.86

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Paved Parking

Additional Features

  • 6,100 Sq Ft Home
  • Property is zoned PAD

Listing and Financial Details

  • Property Available on 5/7/20
  • The owner pays for (see remarks)
  • Assessor Parcel Number 303-55-677-A

Property Details

Property Type

Other

Year Built

2007

Lot Details

0

Listing Details

  • Cross Street: S Gilbert Rd & E Chandler Heights Rd
  • Property Type: Comm/Industry Lease
  • Zoning: PAD
  • Lease Info Annual Lease Price: 48072.0
  • Lease Info Annual Lse Prc P S F: 24.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: Negotiable
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 2003
  • Tax Year: 2019
  • Structure Type: Commercial
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other
  • Year Built (Public Record): 2007

Interior Features

  • Flooring: Other
  • Living Area: 6100.0

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: See Remarks
  • Roof: See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Water Source: See Remarks
  • Main Cooling Other: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 303-55-677-A

Rental Info

  • Available Date: 2020-05-07

Multi Family

  • Owner Pays: Other (See Remarks)
  • Tenant Pays: See Remarks
  • Existing Lease Type: NNN
  • Leasable Area: 2003.0

Tax Info

  • Tax Annual Amount: 16672.0
  • Tax Book Number: 303.00
  • Tax Map Number: 55.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2006
Sold by
Armstrong Chandler Heights Gilbert Llc
Bought by
Chandler Heights & Gilbert Partners Llc
Total Days on Market
314
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chandler Heights & Gilbert Partners Llc $700,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2021 03/22/21 Sold $3,297 -17.7% $1 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
05/07/2020 05/07/20 For Sale $4,006 -- $1 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,350 $170,500 -- --
2024 $16,521 $167,455 -- --
2023 $16,521 $268,600 $143,565 $125,035
2022 $16,470 $272,300 $156,030 $116,270
2021 $17,374 $278,046 $160,488 $117,558
2020 $17,273 $273,060 $155,448 $117,612
2019 $16,672 $249,300 $136,368 $112,932
2018 $16,188 $231,948 $122,202 $109,746
2017 $15,217 $203,436 $113,148 $90,288
2016 $14,635 $161,010 $101,034 $59,976
2015 $14,470 $121,028 $75,832 $45,196
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6075525

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-55-677A