$830,000
$898,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
0.35 Acres Lot
SOLD DATE : 10/10/2023
Key Details
Sold Price $830,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Lakeshore Gardens
MLS Listing ID 6531049
Sold Date 10/10/23
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1980
Annual Tax Amount $7,635
Tax Year 2022
Lot Size 0.350 Acres
Acres 0.35
Property Description
100% Occupied (2 tenants) Medical Office Investment Offering. The current tenants, BodyWise Chiropractic (Tenant since 2013, lease extends to 9/30/2026)and Vitality Internal Medicine (Tenant since 2011, lease extends to 9/1/2027) are both established medical practices with dedicated clientele and long term occupancy leases within the established and centrally located Lakeshore Gardens professional plaza. Over $100k in recent improvements/Tis have been spent within the subject property in recent years, and a landscaping makeover is about to commence, per owner.
The subject building is located within the professionally managed Lakeshore Gardens Professional Plaza, a 5-building condominium project located in the heart of Tempe, Az.
Location
State AZ
County Maricopa
Community Lakeshore Gardens
Zoning PCC-2
Interior
Cooling Central A/C
Flooring Other
Exterior
Garage Paved Parking
Fence Fencing None
Waterfront No
Roof Type See Remarks
Present Use MedicalDental,Office
Total Parking Spaces 10
Building
Sewer Public Sewer
Water City Franchise
Others
Senior Community No
Tax ID 133-38-379
Financing Cash
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