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

Last Updated: June - 09 - 2025