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1818 E BASELINE Road, Mesa, AZ 85204

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Listing Type
Commercial/Industrial
Listing Status
Off Market
0
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$2,352,746

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Home Details for 1818 E BASELINE Road
Price
$2,352,746
Type
Commercial/Industrial
Year Build
1996
Sq. Ft.
9101
Lot Size
1.25
County
Maricopa
Tax
$19,425
Listing #
6768391
On exitrealty.com
389 days
Listing Courtesy: DeLex Realty
Property Description
Great income producing property BELOW MARKET with a CAP Rate of 6.39% and a potential of 7.5% once the basement office is leased out. The basement office lends for affordability and unique work environment of 1,900 sq.ft. available at $14/sq.ft Strategically located across the street, just steps away from Gilbert. Excellent value Gilbert location at Mesa prices. Just west of Gilbert Road, near the US-60 freeway, making it easily accessible. Boarders the Town of Gilbert which is across the street. Seller will Carry $1 million if needed. Ideal for a medical practice or other professional services due to its established use and proximity to the Mesa and Gilbert communities. The Learning Center Tenant has 3 yrs left of a 5-yr lease and the Dermatology Tenant has 2 yrs left of 5 yr lease.
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Last Updated: 2025-11-01 02:01:22
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$2,352,746

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