1301 E MCDOWELL Road, Phoenix, AZ 85006 - MLS #5864372

images$3,100,000 images******** Beds

images******** Bath images28,834 sqft images1986

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Description

• Multi-Tenant Medical/Office Building • Brand New Monument Signage • Ample Parking of 4.00/1,000 with additional street parking • 3-story parking structure with ample covered parking • Value creation through Opportunity Zone benefits, re-position/lease-up, rising rates in a growing area • Less than 1/2 mile from North 7th St and I-10 full diamond interchange • Bus stop out front and less than 2 miles from the light rail

Property Features
Building Type: Office
Business Type: Dental; Medical; Professional/Office
Stories: 2 Stories
Construction: Other
Roofing: Other
Floors: Other
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Other; See Remarks
Cooling: Other; See Remarks
Loading Facilities: Other (See Remarks)
Interior Features: Other (See Remarks)
Fencing: Other; See Remarks
Parking Features: Parking Structure; Paved
Electric: Other (See Remarks)
Gas: Other (See Remarks)
Water Source: Other; See Remarks
Sewer: Other
New Financing: Other (See Remarks)
Lockbox Type: None
Source of Fincl Data: Other (See Remarks)
Existing 1st Loan: Other (See Rmks)
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Environmental: Other (See Remarks)
Contract Info
Current Price: $3,100,000
Sold Price: $3,100,000
Status: Closed
List Date: 2019-01-07
Ownership: Other (See Remarks)
Location Tax Legal
Map Code/Grid: P34
House Number: 1301
Compass: E
Street Name: MCDOWELL
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Zip4: 2605
County Code: Maricopa
Subdivision: BURROUGHS
Assessor Number: 116-22-025-A
Tax Year: 2017
General Property Description
Ttl Apx SqFt Bldg: 28834
# of Buildings: 1
Year Built: 1986
Uncvrd Parking Spcs: 47
Zoning: C-2
Remarks Misc
Cross Street: E McDowell Rd & N 13th St
Geo Lat: 33.465266
Geo Lon: -112.05386
Status Change Info
Off Market Date: 2020-01-15
Under Contract Date: 2020-01-14
Close of Escrow Date: 2020-02-28
Sold Price: $3,100,000
Legal Info
Township: 1N
Range: 3E
Section: 4
Lot Number: 1
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $