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City Center Plaza 2 Properties Offered at $5,533,560 CAD in Mesa, AZ
INVESTMENT HIGHLIGHTS
- Traffic Count 35.9k on Country Club and 27.3k on University Drive
EXECUTIVE SUMMARY
recent price reduction from $4.40M to $4.0M
TAXES & OPERATING EXPENSES (ACTUAL - 2024) |
ANNUAL (CAD) |
|---|---|
| Gross Rental Income |
$582,689
|
| Other Income |
$8,271
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$590,961
|
| Taxes |
$66,291
|
| Operating Expenses |
$140,803
|
| Total Expenses |
$207,093
|
| Net Operating Income |
$383,867
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $582,689 |
| Other Income (CAD) | |
|---|---|
| Annual | $8,271 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $590,961 |
| Taxes (CAD) | |
|---|---|
| Annual | $66,291 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $140,803 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $207,093 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $383,867 |
PROPERTY FACTS
| Price | $5,533,560 CAD | Number of Properties | 2 |
| Price / SF | $158.94 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 6.94% | Total Building Size | 34,816 SF |
| Sale Type | Investment | Total Land Area | 2.68 AC |
| Status | Escrow |
| Price | $5,533,560 CAD |
| Price / SF | $158.94 CAD / SF |
| Cap Rate | 6.94% |
| Sale Type | Investment |
| Status | Escrow |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 34,816 SF |
| Total Land Area | 2.68 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 423 N Country Club Dr, Mesa, AZ 85201 | Office | 18,600 SF | 1969 | - |
| 340 W University Dr, Mesa, AZ 85201 | Retail | 16,216 SF | 1975 | - |
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City Center Plaza
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