625 W SOUTHERN Avenue, Mesa, AZ 85210

$1,399,000
Property Type: Comm/Industry Sale Square Footage: 5,167 Lot Size (sq. ft.): 19,341 Status: Active
Current Price: $1,399,000 List Date: 2/24/2026 Last Modified: 5/11/2026

Overview

Description

Great income producing property zoned OC with a current CAP Rate of 5.95%. This is a TRUE NNN Lease! Current lease includes a 3% annual rent increase and also includes (2) optional 5yr extensions, each at a market rent rate determined at the time of renewal. The current Tenant acts as the property manager. If you are looking for an office building to occupy as an owner/operator, the Tenant is willing to terminate the lease and relocate. Excellent frontage to Southern Ave. Do not disturb the current tenant.

Listing Details MLS# 6988907

Location, Tax & Legal

House Number
625
Compass
W
Street Name
SOUTHERN
St Suffix
Avenue
City/Town Code
Mesa
State/Province
AZ
Zip Code
85210
Zip4
5030
Country
US
County Code
Maricopa
Assessor Number
134-22-004-W
Tax Year
2025
Assessor's Map #
22
Legal Description (Abbrev)
W 105F W 305F E 315F OF S 199F N 239F OF W2 NE4 E X N 15F
Assessor's Parcel #
4
Assessor Parcel Ltr
W
Add'l Parcels
No
Tax Municipality
Mesa
Census Tract
422203
Taxes
7746
Legal
W 105F W 305F E 315F OF S 199F N 239F OF W2 NE4 E X N 15F

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
5167
# of Buildings
Yes
Year Built
1973
Uncvrd Parking Spcs
50
Zoning
OC
Flood Zone
No

Remarks Misc

Cross Street
Southern Ave. and Country Club
Directions
From the intersection of Southern Ave. and Country Club Dr. go West on Southern to Property on Left.

Legal Info

Township
1N
Range
5E
Section
33

Income Expenses

Gross Annual Sch Inc
87789
Net Operating Income
87789

More Information

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes
Email
Yes
Phone Call
Yes

Contact Info

List Agent Home Phn
480-854-6937

Currently Not Used

Sold Price Per SqFt
270.76

Construction

Wood Frame
Yes

Roofing

Composition
Yes

Floors

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
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
87789

Building Type

Commercial
Yes
Office
Yes

Business Type

Professional/Office
Yes

Pmt & Rate Info

Cap Rate
5.95
Equity
1475000
Total Owed
0

Lockbox Type

None
Yes

Ceiling Height

8 Feet or Less
Yes
12.1 Feet to 14 Feet
Yes

Heating

Heat Pump
Yes

Cooling

Central Air
Yes
Heat Pump
Yes
Office A/C
Yes

Interior Features

Finished
Yes
Security System
Yes
Alarm System
Yes
Phone Available
Yes

Loading Facilities

None
Yes

Road Access Type

City Street
Yes

Road Surface Type

Paved
Yes

Source of Fincl Data

Owner
Yes

Road Responsibility

City Maintained Road
Yes

Traffic Count

Unknown
Yes

Fencing

Block
Yes

Water Source

City Franchise
Yes
Master Meter
Yes

Freeway/Highway

Up to 1 Mile
Yes

Sewer

Sewer - Public
Yes
Sewer-In & Connected
Yes

Parking Features

Free
Yes
Parking Lot
Yes
Private
Yes
Paved
Yes

Electric

SRP
Yes
220 Volts
Yes

Gas

None
Yes

New Financing

Cash to Loan
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Terms

Non Assumable
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Environmental

None
Yes

Property Features

Building Type: Commercial; Office Business Type: Professional/Office Construction: Wood Frame Roofing: Composition Floors: Tile; Carpet Ceiling Height: 8 Feet or Less; 12.1 Feet to 14 Feet Heating: Heat Pump Cooling: Central Air; Office A/C; Heat Pump Loading Facilities: None Interior Features: Finished; Security System; Alarm System; Phone Available Fencing: Block Parking Features: Free; Parking Lot; Private; Paved Road Access Type: City Street Road Responsibility: City Maintained Road Electric: SRP; 220 Volts Gas: None Water Source: City Franchise; Master Meter Sewer: Sewer - Public; Sewer-In & Connected New Financing: Cash to Loan Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Terms: Non Assumable Road Surface Type: Paved Traffic Count: Unknown Environmental: None
IDX
Listing Office: American Realty Brokers
Last Updated: May - 11 - 2026
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