- $1.5M Price
- 5,167 Sqft
- .44 Acres
625 W Southern Avenue
Great income producing property zoned OC with a CAP Rate of 5.86% for the life of the current 84-month NNN Lease! The current Tenant is into their 3rd year of their lease and (2) 5yr extensions are available, each at a market rent rate determined at the time of renewal. The current Tenant acts as the property manager. If you are looking for an office building to occupy as an owner/operator, the Tenant is willing to terminate the lease and relocate. Excellent frontage to Southern Ave. Do not disturb the current tenant.
Essential Information
- MLS® #6884307
- Price$1,500,000
- Bathrooms0.00
- Square Footage5,167
- Acres0.44
- Year Built1973
- TypeComm/Industry Sale
- Sub-TypeCommercial, Office
- StatusActive
Community Information
- Address625 W Southern Avenue
- CityMesa
- CountyMaricopa
- StateAZ
- Zip Code85210
Amenities
- Parking Spaces50
Parking
Parking Lot, Paved, Private, Free
Interior
- HeatingHeat Pump
- CoolingCentral Air
Exterior
- RoofComposition
- ConstructionWood Frame, Stucco, Brick
Additional Information
- ZoningOC
Listing Details
- OfficeAmerican Realty Brokers
American Realty Brokers.
Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on June 30th, 2025 at 2:15am MST.