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$4,766,000
850 & 858 W Elliot Rd, Tempe, AZ 85284
0 Beds
0 Baths
24,960 sqft

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Two (2) freestanding, single story, Class A multi-tenant office buildings 850 W Elliot (east building): +/- 16,000 SF - Four (4) Tenants 858 W Elliot (west building): +/- 8,960 SF - Three (3) Tenants Suite 102 (+/- 6,500 SF) available for owner-user to occupy or Seller will sign a 2-year lease at $23.00/PSF Modified Gross atCOE Ample surface & covered parking available Located east of the NEC of Elliot & Hardy Roads Central Tempe location with convenient access to the I-10, 101 and 202 Freeways
  • Price:
  • $4,766,000
  • Square Footage:
  • 24,960
  • Acreage:
  • 2.34
  • Year Built:
  • 2001
  • Listing ID #:
  • 6115796
  • Street Address:
  • 850 & 858 W Elliot Rd
  • City:
  • Tempe
  • State:
  • Arizona
  • Postal Code:
  • 85284
  • County:
  • Maricopa
  • Subdivision:
  • Roosevelt Commerce Park
  • Listing Status:
  • Active
  • Ceiling Height:
  • 10.1 Feet To 12 Feet
  • Construction Description:
  • Block
  • Dwelling Type:
  • Office
  • Flooring:
  • Carpet, Ceramic Tile
  • Interior Features:
  • Finished
  • Stories:
  • 1 Story
  • Total Building Square Footage:
  • 24960
  • Type Of Roof:
  • Other (see Remarks)
  • Year Built:
  • 2001
  • Adjusted Gross Income:
  • 508532.15
  • Annual Electric Expenses:
  • 40595.00
  • Annual Insurance Expenses:
  • 4952.00
  • Annual Landscape Expenses:
  • 20258.00
  • Annual Maintenance Expenses:
  • 15440.00
  • Annual Management Expenses:
  • 14000.00
  • Annual Trash Expenses:
  • 1190.00
  • Annual Water/Sewer Expenses:
  • 6109.00
  • Net Operating Income:
  • 341278.00
  • Operating Expense:
  • 194015.00
  • Conforms To Zoning:
  • Gid
  • Existing Land Use:
  • Office
  • Lot Square Footage:
  • 102001.00
  • Property Taxes:
  • $65,555
  • Covered Parking Spaces:
  • 56.00
  • Parking Description:
  • Paved Parking
  • Parking Spaces:
  • 104.00
  • Uncovered Parking Spaces:
  • 48.00
  • Cooling System:
  • Central A/C
  • Electricity:
  • Other (see Remarks)
  • Existing Water:
  • City Franchise
  • Heating:
  • Electric
  • Sewage Type:
  • Sewer - Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listings Provided by The Menlo Group Commercial Real Estate
  • ARMLS

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