11237 E RIGGS Road, Chandler, AZ 85249
$3,150,000
Property Type:
Comm/Industry Sale
Square Footage:
25,234
Lot Size (sq. ft.):
227,150
Status:
Closed
Current Price:
$3,150,000
List Date:
10/21/2015
Last Modified:
8/06/2021
Description
INDUSTRIAL 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.
More Information MLS# 5351763
Contract Info
Current Price: $3,150,000
Sold Price: $3,150,000
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: USA
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
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
Status Change Date: 2016-01-06
Off Market Date: 2016-01-06
Under Contract Date: 2015-11-09
Close of Escrow Date: 2015-12-31
Sold Price: $3,150,000
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 $/%: %
Property Features
Building Type: Industrial; Manufacturing
Current Use: Office; Warehouse; Other; See Remarks
Stories: 1 Story
Construction: Metal; Frame - Wood
Roofing: Other (See Remarks)
Floors: Other
Ceiling Height: 8.1 Feet to 10 Feet; 14.1 Feet to 16 Feet
Heating: Other; See Remarks
Cooling: Office A/C
Loading Facilities: Grade Level
Interior: Finished
Exterior: Landscaping
Fencing: Partial
Parking: Paved Parking
Electric: SRP
Gas: Other (See Remarks)
Water: City Franchise
Sewer: Sewer - Public
New Financing: Cash to Loan
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Traffic Count: 15,001 to 25,000
Environmental: Other (See Remarks)
Listing Office: Avison Young
Last Updated: August - 06 - 2021
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