$3,100,000
Scottsdale, AZ 85259
MLS# 5860123
Status: Closed
15340 sqft
1 / 2
Property Description
Ancala Medical Plaza is a single-story, multi-tenant medical office building comprised of approximately ±15,068 rentable square feet, providing ample parking spaces (4.72/1,000) The Building is 100% leased to a high-quality mix of healthcare providers and is anchored by the VA | U.S. Department of Veteran's Affairs Northeast VA Community Based Outpatient Clinic with seven (7) years of lease term remaining. The Building has a weighted average remaining lease term of 6.3 years with FSBY lease structures and fixed annual rent increases. The Property is favorably positioned within the North Scottsdale community as part of the Scottsdale Cure Corridor offering healthcare services to the surrounding neighborhoods.
Details
Contract Info
Current Price: $3,100,000
Sold Price: $3,100,000
Status: Closed
List Date: 2018-12-11
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: M39
House Number: 11390
Compass: E
Street Name: VIA LINDA
St Suffix: --
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85259
Zip4: 4075
Country: US
County Code: Maricopa
Assessor Number: 217-70-120
Tax Year: 2018
General Property Description
Ttl Apx SqFt Bldg: 15340
Ttl Apx Net Rnt Spc: 15068
# of Buildings: 1
Year Built: 1996
Uncvrd Parking Spcs: 54
Zoning: C-2
Legal Info
Township: 3N
Range: 5E
Section: 22
Lot Number: 1
Sold Info
Loan Type: Exchange
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Remarks Misc
Cross Street: Via Linda/114th Street
Directions: FLW to Via Linda East to property on North side
Geo Lat: 33.590255
Geo Lon: -111.834483
Status Change Info
Off Market Date: 2019-03-20
Under Contract Date: 2019-03-14
Close of Escrow Date: 2019-04-26
Sold Price: $3,100,000
Income Expenses
Gross Annual Sch Inc: 327600
Net Operating Income: 205400
Property Features
Building Type: Commercial; Office
Business Type: Dental; Medical
Stories: 1 Story
Construction: Block; Stucco
Roofing: Built-Up; Tile
Floors: Vinyl; Wood; Carpet
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Office Heated; 2 or More Units
Cooling: Central Air
Loading Facilities: None
Interior Features: Finished; Finished to Suit; Fire Sprinklers; Smoke Detector(s); Security System; Security Light(s); Security Camera(s); Alarm System; Phone System; Private Restrooms; Public Restrooms
Fencing: Block
Parking Features: Free; Paved
Electric: APS; Underground; Master Meter; Individual Meter
Gas: None
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash Only; Cash to Loan
Source of Fincl Data: Owner; Accountant; Books Shown
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
Environmental: Phase I Available
Listing Office: RE/MAX Excalibur
Office Phone: 480-355-3500
Office Email: [email protected]
Last Updated: April - 27 - 2019
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