625 W Southern Avenue, Mesa, AZ 85210
- $1,295,000
- 5,167
- SqFt
- List Price
- $1,295,000
- Price Change
- ▼ $104,000 1782182345
- Days on Market
- 156
- Status
- ACTIVE
- MLS#
- 6988907
- City
- Mesa
- Living SQFT
- 5,167
- Lot Size
- 19,341
- Year Built
- 1973
Property Description
Great income producing property zoned OC with a current CAP Rate of 5.95%. This is a TRUE NNN Lease! Current lease includes a 3% annual rent increase and also includes (2) optional 5yr extensions, each at a market rent rate determined at the time of renewal. The current Tenant acts as the property manager. If you are looking for an office building to occupy as an owner/operator, the Tenant is willing to terminate the lease and relocate. Excellent frontage to Southern Ave. Do not disturb the current tenant.
Additional Information
- Acres
- 0.44
- Construction
- Wood Frame
- Cooling
- Office A/C, Heat Pump
- Electric
- SRP
- Fencing
- Block
- Heating
- Heat Pump
- Living Area
- 5,167
- Lot Size
- 19,341
- Parking Features
- Open, Private, Paved, Parking Lot
- Roofing
- Composition
- Sewer
- Sewer-In & Connected
- Taxes
- $7,746
- Tax Year
- 2025
- Water
- City Franchise, Master Meter
- Zoning
- OC
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Listing courtesy of American Realty Brokers.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.