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2830 E Brown Rd
Mesa, AZ 85213 Central Mesa

$525,000 USD

Medical Condo For Sale  •  1,598 SF

Property Details

  • Property Type Medical
  • Total Building Size 1,598 SF
  • Lot Size 0.04 AC
  • Building Class B
  • Year Built 1980
  • Cap Rate 6.40 %
  • Tenancy Multiple
  • Zoning O-S
12 Transit Score
33 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 10 & 9 Medical Office 1,598 SF $525,000 USD
  • Unit Size: 1,598 SF
  • Condo Use: Medical Office
  • Price: $525,000 USD
  • Sale Type: Investment
  • Price/SF: $328.54 USD
Description
INVESTOR / 1031 - Sale with Lease Back. $33,600 NOI 6% cap rate - This updated medical office property includes suite #9 & #10. Currently 2 leases in place. Renovated interior, new water heater, and HVAC systems updated in 2021. No cap ex required!

Sale Notes
Prime medical office location.  Great upside.  100% Leased.

Highlights

Medical Office Condo (Sale with Lease Back)
6% Cap Rate
Prime medical office location. Great upside. 100% Leased.

Financial Summary

Cap Rate: 6.40 %
Total Expenses: $0 USD

Public Transportation

AirportDriveWalkDistance
Phoenix-Mesa Gateway 25 min - 15.0 mi
Phoenix Sky Harbor International 24 min - 15.3 mi
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