AZ > Mesa
Mesa, AZ 85204,1818 E BASELINE Road
Mesa, AZ 85204,1818 E BASELINE Road
Mesa, AZ 85204,1818 E BASELINE Road
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John Herkenrath

John Herkenrath

+1(310) 221-2910
$2,352,746
Est. payment /mo
1.25 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6768391

Year Built 1996

Annual Tax Amount $19,425

Tax Year 2023

Lot Size 1.248 Acres

Acres 1.25

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Great income producing property with a CAP Rate of 6.39% and a potential of 7.5% once the basement office is leased. The basement office lends for affordability, privacy, and a unique work environment of 1,900 sq.ft. available at $14/sq.ft Excellent location, just west of Gilbert Road, near the US-60 freeway, making it easily accessible. It is ideal for a medical practice or other professional services due to its established use and proximity to the Mesa and Gilbert communities. The learning center Tenant has 3 years left of a 5-year lease and the Dermatology Tenant has 2 years left of a 5-year lease. Working on leasing out the basement office. Pediatric Office 2,400 sq.ft., Pinnacle Dermatology Office 4,800 sq.ft. See Rent Roll in Photos Tab. SELLER WILL CARRY $1,000,000 if needed

Location

State AZ

County Maricopa

Area Maricopa

Zoning C-N, C-1

Interior

Heating Electric

Cooling Central Air

Flooring Carpet

Exterior

Parking Features Paved

Fence Block

Roof Type Foam,Rolled/Hot Mop

Private Pool No

Building

Dwelling Type Commercial,Office

Sewer Public Sewer

Water City Franchise

New Construction No

Others

Senior Community No

Tax ID 139-09-003-A

Disclosures Seller Prop Disc Stm

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Arizona Regional MLS (ARMLS)

Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by DeLex Realty
John Herkenrath

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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