850 & 858 W ELLIOT Road, Tempe, AZ 85284 - MLS #6115796

images$4,300,000 images******** Beds

images******** Bath images24,960 sqft images2001

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Description

• Two (2) freestanding, single-story, Class A multi-tenant office buildings • 850 W Elliot (east building): +/- 16,000 SF - Four (4) Office Suites • 858 W Elliot (west building): +/- 8,960 SF - Three (3) Office Suites • Suite 102 (+/- 6,500 SF) available for owner-user to occupy or Seller will sign a 1-year lease at $23.00/PSF Modified Gross at COE • Ample surface & covered parking available • Central Tempe location with convenient access to the I-10, 101, and 202 Freeways

Property Features
Building Type: Office
Business Type: Professional/Office
Stories: 1 Story
Construction: Block
Roofing: Other
Floors: Ceramic Tile; Carpet
Ceiling Height: 10.1 Feet to 12 Feet
Cooling: Central Air
Loading Facilities: None
Interior Features: Finished
Fencing: None
Parking Features: Paved
Electric: Other (See Remarks)
Gas: None
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Other (See Remarks)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Source of Fincl Data: Other (See Remarks)
Environmental: Other (See Remarks)
Contract Info
Current Price: $4,300,000
Sold Price: $4,300,000
Status: Closed
List Date: 2020-08-11
Ownership: Other (See Remarks)
Location Tax Legal
Map Code/Grid: S36
House Number: 850 & 858
Compass: W
Street Name: ELLIOT
St Suffix: Road
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85284
Zip4: 1206
County Code: Maricopa
Subdivision: ROOSEVELT COMMERCE PARK
Assessor Number: 301-90-021
Tax Year: 2020
General Property Description
Ttl Apx SqFt Bldg: 24960
# of Buildings: 2
Year Built: 2001
Uncvrd Parking Spcs: 48
Zoning: GID
Remarks Misc
Cross Street: W Elliot Rd & S Hardy Dr
Geo Lat: 33.349662
Geo Lon: -111.952125
Status Change Info
Off Market Date: 2021-05-26
Under Contract Date: 2021-03-22
Close of Escrow Date: 2021-05-28
Sold Price: $4,300,000
Legal Info
Township: 1S
Range: 4E
Section: 9
Lot Number: 1
Income Expenses
Gross Annual Sch Inc: 521987
Net Operating Income: 327969
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $