261 N ROOSEVELT Avenue 101, Chandler, AZ 85226 (MLS# 5870475)

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

Overview

Description

great medical billing facility available. Serious inquiries only.

Listing Details MLS# 5870475

Location, Tax & Legal

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
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

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
25927
Ttl Apx Net Rnt Spc
1000
# of Buildings
Yes
Year Built
1998
Uncvrd Parking Spcs
30
Zoning
I-1

Remarks Misc

Cross Street
Chandler Blvd and Kyrene Road
Directions
Chandler blvd, north on Roosevelt to building

Status Change Info

Off Market Date
2019-01-18
Under Contract Date
2018-12-20
Close of Escrow Date
2019-01-18

Legal Info

Township
1S
Range
4E
Section
28
Lot Number
Yes

More Information

Sold Info

Loan Type
Conventional
Loan Years
30
Payment Type
Fixed
Clsing Cost Split
Buyer - B
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Construction

Block
Yes

Roofing

Foam
Yes

Floors

Concrete
Yes
Vinyl
Yes
Ceramic Tile
Yes
Carpet
Yes

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
Yes

Building Type

Commercial
Yes
Industrial
Yes
Office
Yes

Business Type

Dental
Yes
Medical
Yes
Professional/Office
Yes
Warehouse
Yes

Stories

1 Story
Yes

Pmt & Rate Info

Down Payment
0
Equity
6800000
Total Owed
0
Assessment Balance
0

Ceiling Height

8.1 Feet to 10 Feet
Yes
10.1 Feet to 12 Feet
Yes

Heating

Electric
Yes

Cooling

Central Air
Yes

Interior Features

Finished
Yes
Fire Sprinklers
Yes
Alarm System
Yes
Private Restrooms
Yes

Loading Facilities

None
Yes

Road Surface Type

Asphalt
Yes

Exterior

Landscaping
Yes

Source of Fincl Data

Other (See Remarks)
Yes

Traffic Count

Other (See Remarks)
Yes

Fencing

None
Yes

Water Source

City Franchise
Yes

Building Features

Other (See Remarks)
Yes

Sewer

Sewer - Public
Yes

Parking Features

Free
Yes
Parking Lot
Yes
Paved
Yes
Other
Yes

Electric

SRP
Yes

Gas

None
Yes

New Financing

Cash Only
Yes
Cash to Loan
Yes
1031 Exchange
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Fixed
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Other (See Remarks)
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

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
IDX
Last Updated: June - 09 - 2025
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