261 N ROOSEVELT Avenue 101, Chandler, AZ 85226
$6,200,000

Property Type: Comm/Industry Sale Square Footage: 25,927 Lot Size (sq. ft.): 89,690 Status: Closed
Current Price: $6,200,000 List Date: 1/19/2019 Last Modified: 6/09/2025
Description
great medical billing facility available. Serious inquiries only.
More Information MLS# 5870475
Contract Info
Ownership: Fee Simple Current Price: $6,200,000 Sold Price: $6,200,000 Status: Closed List Date: 2018-12-19
Location, Tax & Legal
Unit #: 101 Assessor's Map #: 68 Legal Description (Abbrev): LOT 1 SOUTHPARK BUSINESS CENTER 1 MCR 047611 Assessor's Parcel #: 952 Add'l Parcels: No Tax Municipality: Maricopa - COUNTY Census Tract: 810400 Taxes: 29440 Legal: LOT 1 SOUTHPARK BUSINESS CENTER 1 MCR 047611 Map Code/Grid: T36 House Number: 261 Compass: N Street Name: ROOSEVELT St Suffix: Avenue City/Town Code: Chandler State/Province: AZ Zip Code: 85226 Zip4: 2617 County Code: Maricopa Subdivision: SOUTHPARK BUSINESS CENTER 1 Assessor Number: 301-68-952 Tax Year: 2018
General Property Description
Ttl Apx SqFt Bldg: 25927 Ttl Apx Net Rnt Spc: 1000 # of Buildings: 1 Uncvrd Parking Spcs: 30 Year Built: 1998 Zoning: I-1
Legal Info
Range: 4E Section: 28 Township: 1S Lot Number: 1
Construction
Block: 1
Roofing
Foam: 1
Floors
Concrete: 1 Vinyl: 1 Ceramic Tile: 1 Carpet: 1
Income & Expenses
Annual Elec Exp: 0 Annual Gas Exp: 0 Annual Ins Exp: 0 Annual Land Lse Exp: 0 Annual Landscape Exp: 0 Annual Legal & Acctg: 0 Annual Maint Exp: 0 Annual Mgmt Exp: 0 Annual Trash Exp: 0 Annual Wtr/Swr Exp: 0 Owner Association: No Annual Ownr Asoc Fee: 0 Annual PAD Fee: 0 Annual Rplcmnt Rsrvs: 0 Annual Other Expense: 0 Operating Exp: 29440 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0
Status Update
Multiple Offers Recd: 1
Building Type
Commercial: 1 Industrial: 1 Office: 1
Business Type
Dental: 1 Medical: 1 Professional/Office: 1 Warehouse: 1
Stories
1 Story: 1
Pmt & Rate Info
Down Payment: 0 Equity: 6800000 Total Owed: 0 Assessment Balance: 0
Ceiling Height
8.1 Feet to 10 Feet: 1 10.1 Feet to 12 Feet: 1
Heating
Electric: 1
Cooling
Central Air: 1
Interior Features
Finished: 1 Fire Sprinklers: 1 Alarm System: 1 Private Restrooms: 1
Loading Facilities
None: 1
Road Surface Type
Asphalt: 1
Exterior
Landscaping: 1
Source of Fincl Data
Other (See Remarks): 1
Traffic Count
Other (See Remarks): 1
Fencing
None: 1
Water Source
City Franchise: 1
Building Features
Other (See Remarks): 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1 Parking Lot: 1 Paved: 1 Other: 1
Electric
SRP: 1
Gas
None: 1
New Financing
Cash Only: 1 Cash to Loan: 1 1031 Exchange: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Fixed: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Other (See Remarks): 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Sold Info
Loan Type: Conventional Loan Years: 30 Payment Type: Fixed Clsing Cost Split: Buyer - B Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $
Remarks Misc
Cross Street: Chandler Blvd and Kyrene Road Directions: Chandler blvd, north on Roosevelt to building Geo Lat: 33.307304 Geo Lon: -111.950895
Status Change Info
Off Market Date: 2019-01-18 Under Contract Date: 2018-12-20 Close of Escrow Date: 2019-01-18 Sold Price: $6,200,000
Property Features
Building Type: Commercial; Industrial; Office Business Type: Dental; Medical; Professional/Office; Warehouse Stories: 1 Story Construction: Block Roofing: Foam Floors: Concrete; Vinyl; Ceramic Tile; Carpet Ceiling Height: 8.1 Feet to 10 Feet; 10.1 Feet to 12 Feet Cooling: Central Air Loading Facilities: None Interior Features: Finished; Fire Sprinklers; Alarm System; Private Restrooms Exterior: Landscaping Fencing: None Building Features: Other (See Remarks) Parking Features: Free; Parking Lot; Paved; Other Electric: SRP Gas: None Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Cash to Loan; 1031 Exchange Status Update: Multiple Offers Recd Source of Fincl Data: Other (See Remarks) Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Fixed 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: Other (See Remarks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Road Surface Type: Asphalt Traffic Count: Other (See Remarks) Environmental: None
Listing Office: Midland Real Estate Alliance

Last Updated: June - 09 - 2025
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