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Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
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1818 E Baseline Road, Mesa, AZ – $2,352,746

  • $2.4M Price
  • 9,101 Sqft
  • Acres
  • $2.4M Price
  • 9,101 Sqft
  • Acres

1818 E Baseline Road

Great income producing property with a CAP Rate of 6.39% and a potential of 7.5% once the basement office is leased out. The basement office lends for affordability, privacy, and a unique work environment of 1,900 sq.ft. available at $14/sq.ft This property offers an excellent location, just west of Gilbert Road, near the US-60 freeway, making it easily accessible. It is ideal for a medical practice or other professional services due to its established use and proximity to the Mesa and Gilbert communities. The Pediatric Tenant has 4 years left of a 5-year lease and the Dermatology Tenant has 3 years left of a 5-year lease. Working on leasing out the basement office. Pediatric Office 2,400 sq.ft., Pinnacle Dermatology Office 4,800 sq.ft. See Rent Roll in Photos Tab

Essential Information

  • MLS® #6768391
  • Price$2,352,746
  • Bathrooms0.00
  • Square Footage9,101
  • Acres1.25
  • Year Built1996
  • TypeComm/Industry Sale
  • Sub-TypeCommercial, Office
  • StatusActive

Community Information

  • Address1818 E Baseline Road
  • CityMesa
  • CountyMaricopa
  • StateAZ
  • Zip Code85204

Amenities

  • Parking Spaces34
  • ParkingPaved Parking

Interior

  • HeatingElectric
  • CoolingCentral A/C

Exterior

  • RoofFoam, Rolled/Hot Mop
  • ConstructionFrame - Wood, Metal Siding

Additional Information

  • ZoningC-N, C-1

Listing Details

  • OfficeDeLex Realty
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DeLex Realty.

Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on October 30th, 2024 at 6:15am MST.