$3,450,000
11237 E RIGGS RoadChandler, AZ 85249
MLS# 5351763
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Property DescriptionINDUSTRIAL WAREHOUSE PROPERTY FOR SALE WITH SURPLUS LAND!!! Verizon Wireless rents space at the rear end of the yard to keep 4 storage shelters ($80/month) each. Buyer could cancel contract or continue and collect income. Zoning: I-2, Maricopa County. 49 parking spaces. Easy access to SR87 (Arizona Avenue) and I-10. Numerous restaurant and service amenities nearby.
Details
Contract Info
Current Price: $3,150,000
List Price: $3,450,000
Status: Closed
List Date: 2015-10-21
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: V37
House Number: 11237
Compass: E
Street Name: RIGGS
St Suffix: Road
City/Town Code: Chandler
State/Province: AZ
Zip Code: 85249
Zip4: 3620
Country: US
County Code: Maricopa
Assessor Number: 303-58-006-Z
Tax Year: 2015
General Property Description
Type of Property: Industrial/Industrial Flex
Ttl Apx SqFt Bldg: 25234
Ttl Apx Net Rnt Spc: 25234
# of Buildings: 1
Year Built: 1997
Uncvrd Parking Spcs: 49
Zoning: I-2
Legal Info
Township: 2S
Range: 5E
Section: 34
Lot Number: 1
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 3
Buyer Concession $/%: %
Seller Concession to Buyer: 3
Seller Concession $/%: %
Remarks Misc
Cross Street: E/SEC E. Riggs Roads & S. Arizona Avenue (SR87)
Directions: SR87 to E. Riggs Road east.
Geo Lat: 33.217553
Geo Lon: -111.839668
Status Change Info
Off Market Date: 2016-01-06
Under Contract Date: 2015-11-09
Close of Escrow Date: 2015-12-31
Sold Price: $3,150,000
Property Features
Building Type: Industrial; Manufacturing
Business Type: Professional/Office; Warehouse; Other; See Remarks
Stories: 1 Story
Construction: Metal; Wood Frame
Roofing: Other
Floors: Other
Ceiling Height: 8.1 Feet to 10 Feet; 14.1 Feet to 16 Feet
Heating: Electric; Other; See Remarks
Cooling: Office A/C
Loading Facilities: Grade Level
Interior Features: Finished
Exterior: Landscaping; Curb(s) & Gutter(s); Sidewalk(s)
Fencing: Partial
Parking Features: Paved
Electric: SRP
Gas: Other (See Remarks)
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash to Loan
Source of Fincl Data: Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Road Surface Type: Asphalt
Traffic Count: 15,001 to 25,000
Environmental: Other (See Remarks)
Listing Office: Avison Young
Last Updated: August - 06 - 2021
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