NOT LISTED FOR SALE
-- Bed
-- Bath
21,642 Sq Ft
9,682 Sq Ft Lot

Last Sold May 01, 2024

Last sale price $6,034 $0 Per Sq Ft

175 Days on Market

Highlights

  • 0.22 Acre Lot
  • Central Air
  • Heat Pump System
  • Franklin at Brimhall Elementary School Rated A
  • Concrete Flooring

About This Home

As of May 2024

FOR LEASE! Suite #120 at Prestige Plaza, a 5,138+/- SF space formerly used as a commercial print shop. A glass-front retail entrance steps into a wide-open space ideal for a manufacturing or service business. Currently configured with 2 bathrooms, an office space, several metal exterior doors and a roll-up door on the back of the building that opens to a large asphalt space with additional parking. Available for immediate occupancy at a triple net (NNN) base rent of $12.60/SF/Year = $61,656.00 rent/year payable at $5,394.90/month. Tenant's share of Common Area Maintenance operating costs: $3.75/SF/Year = $19,267.50/year payable at $1,605.63/month. City of Mesa rental sales tax is 2.5% payable at $175.01 paid monthly. Total monthly payment (rent+CAM+tax) is $7,175.54. Prestige Plaza is a neighborhood retail center built in 2002 and zoned Limited Commercial District ("LC"). Other tenants in the plaza include a day-care center, church, martial arts studio, barbershop, and bakery. The plaza has excellent visibility and easy access from 65th St and Main St.

Last Listed By

John Payne

United CountryReal Estate-Arizona Property & Auction License #BR527355000 Listed on: 10/09/2023

Property Details

Property Type

  • Other

Year Built

  • Built in 2002

Lot Details

  • 9,682 Sq Ft Lot
  • Block Wall Fence
  • Property is zoned LC

Home Design

  • Foam Roof
  • Block Exterior

Interior Spaces

  • 21,642 Sq Ft Home
  • Concrete Flooring

Parking

  • 75 Open Parking Spaces
  • 75 Parking Spaces
  • Public Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Desert Wells Amd Subdivision

Listing and Financial Details

  • Property Available on 10/1/23
  • Tenant pays for electricity, common area maintenance
  • The owner pays for property taxes, exterior maint, bldg liability ins, fire insurance-bldg, trash, sewer, water
  • Tax Lot 9
  • Assessor Parcel Number 141-58-052

Property Details

Property Type

Other

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Cross Street: Power Rd and Main St
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Lease
  • Zoning: LC
  • Lease Info Annual C A M Sq Ft: 4.8
  • Lease Info Annual Lease Price: 61656.0
  • Lease Info Annual Lse Prc P S F: 12.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 1
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 5138
  • Year Built: 2002
  • Tax Year: 2022
  • Directions: Located on the SE Corner of 65th St. & Main St.
  • Lot Size Acres: 0.22
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s)
  • Subdivision Name: DESERT WELLS AMD
  • Structure Type: Other (See Remarks), Commercial, Industrial, Office, Manufacturing
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 21642.0

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Construction Type: Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Public Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 75.0
  • Total Parking Spaces: 75.0
  • General Property Description:Uncvrd Parking Spcs: 75.0
  • General Property Description:Total Parking Spcs: 75.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central A/C
  • Heating: Heat Pump, Electric
  • Green Building Features: Other (See Remarks)
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Other (See Remarks)32: Yes

Lot Info

  • Lot Size Sq Ft: 9682.0
  • Additional Parcels: No
  • Parcel #: 141-58-052
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2023-10-01

Multi Family

  • Owner Pays: Property Taxes, Exterior Maint, Bldg Liability Ins, Fire Insurance-Bldg, Trash, Sewer, Water
  • Tenant Pays: Electricity, Common Area Maintenance
  • Existing Lease Type: NNN, Deposit Required
  • Leasable Area: 5138.0

Tax Info

  • Tax Annual Amount: 931.0
  • Tax Book Number: 141.00
  • Tax Lot: 9
  • Tax Map Number: 58.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $6,034 +11.9% $0 / Sq Ft
03/14/2024 03/14/24 Price Changed $5,394 +5.0% $0 / Sq Ft
02/07/2024 02/07/24 Price Changed $5,138 -28.6% $0 / Sq Ft
10/10/2023 10/10/23 For Sale $7,193 -- $0 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6615837

Arizona Regional Multiple Listing Service (ARMLS)