$2,725,000
Active
12 Days Online
0 Beds0 Baths12,046 SQFT
Active

1940 W Baseline Road Mesa, AZ 85202

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Arizona Investment & Management LLC is pleased to present the rare opportunity to acquire a 12, 046 square foot multi-tenant retail property highlighted by a T-Mobile retail showroom and training facility. The Lakes at 1940 West Baseline Road, Mesa, AZ, 85202 at the western endcap of the Dobson Commercial Shopping Center, a multi-tenant, BAIZ Market Place anchored retail shopping center. It is ideally located in the heart of Dobson Ranch in Mesa.This 9-unit property is 100% occupied with a 7.3% cap rate! Leases have scheduled annual rent escalations. Plus well-seasoned Tenants that include T-Mobile (5, 588 SF retail showroom and training center, remodeled this year) in occupancy since 04', Platinum Salon, a Tenant since 88', Chiropractic Care Center since 07', and China Express since 03'.

  • Property TypeCommercial
  • NeighborhoodDobson Commercial Center
  • CountyMaricopa
  • Taxes$22,005
  • HOA/Condo/Coop Fees$0
  • Days on Site12 Days
  • MLS StatusActive
  • MLS ID Number6695639
  • Home Size Source N/A
  • Year Built1984
  • Lot Size1.66 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Block
  • Parking Private Parking
  • Parking Spaces 68
  • Sewer Public Sewer
  • Acreage 1.66
  • Cross Street Baseline/Dobson
  • Attached Garage No
  • Zoning LC

Interior Features

  • Cooling Central A/ C
  • Heating None
  • Flooring Concrete

Exterior Features

  • Roof Tile
  • Fencing Other

Community Features

  • Township 1N

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Monthly Payment (Est.)

$14,827
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