Property details

Mesa Office Building For Sale, Southwest Region

Property Description

Mesa Office Building For Sale

Newer built suburban area commercial & residential area with excellent demographics & high incomes. Close proximity to commercial airport with corporate employers including Boeing Co.

Subject property is 100% leased to two tenants: Two frontage office condo units with building /monument signage on major rd, & freeway. Suite 105 is approximately 3,444 sf, a Title Agency is the tenant and has been leasing in the building since inception in 2005 (this tenanty will sign a 5 year lease term with a new owner to be executed in escrow). This Title Agency is Company of Fidelity National Financial, Inc., a Fortune 500 company, is the United States' largest provider of commercial and residential mortgage and diversified services. Stock Symbol FNFV.

The other suite is approximately 3,452 sf (a well known real estate brokerage firm) has been in the building since inception in 2005 and will also execute a new 5 year lease term with a new owner to be executed in escrow.






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Highlights

Status:
Available
Price:
$1,874,400
PSF:
$272
Cap Rate:
6.00%
Annual Rent:
$112,464
 

Property Information

Building Size:
6,896 sq.ft.
Property Type:
Office
Industry Type:
Office
Units/Spaces:
2
Year Built:
2005
Purchase Tenure:
Fee Simple
 

Existing financing information

N/A

The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.