Scottsdale Coldwell Banker Real Estate

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1818 E SOUTHERN AvenueMesa, Arizona AZ85204-5246

Listing ID6403581

$3,750,000$250K

HUGE PRICE DROP!Beautifully maintained office buildings with 6 Suites. Fantastic frontage on Southern, Recent improvements include exterior paint (2/22) and roof coating (21) with ten year warranty. CAM covers common area landscaping, tree trimming, parking lot maintenance, water, sewer, trash and monthly window washing. Currently fully leased at a 5,25% Cap rate. Value Add-Possibility to raise lease rates to current value or Owner Occupied space roughly 5,700 SF Tons of covered parking and opportunity for building and Monument signage!
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