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City Center Plaza 2 Properties Offered at $5,530,000 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 |
$587,967
|
| Other Income |
$8,346
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$596,313
|
| Taxes |
$66,891
|
| Operating Expenses |
$142,078
|
| Total Expenses |
$208,969
|
| Net Operating Income |
$387,344
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $587,967 |
| Other Income (CAD) | |
|---|---|
| Annual | $8,346 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $596,313 |
| Taxes (CAD) | |
|---|---|
| Annual | $66,891 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $142,078 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $208,969 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $387,344 |
PROPERTY FACTS
| Price | $5,530,000 CAD | Number of Properties | 2 |
| Price / SF | $158.84 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 | $5,530,000 CAD |
| Price / SF | $158.84 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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