7561 Baseline Rd, Mesa, AZ 85209-4903
- Retail space
- 16,800 SF
- 2.10 lot acres
Current Use by Public Records
- Brett's Best Appliance Service LLC / Home Appliance Store
- Quality Car Stereo / Electronics & Wireless Store / Auto Parts Store
- UTV Stereo / Electronics & Wireless Store / Auto Parts Store
Property Details for 7561 Baseline Rd
- Year built
- 1998
- Construction
- CONCRETE
- Lot size
- 2.10 lot acres
- Zone code
- LC
- Property type
- Retail space
- APN
- 304-05-980A
- APU
- 30405980A
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 1, 2021 | — | Alpha Enterprise LLC | — | Deed · related | $1M · Jpmorgan Chase Bank NA |
| Mar 9, 2021 | $2,070,000 | Alpha Enterprise LLC | Hyannis Mesa LLC | Special Warranty Deed | $1M · Jpmorgan Chase Bank NA |
| Mar 9, 2021 | — | Alpha Enterprise LLC | — | Deed · related | $841k · Cdc Small Business Finance Corp |
| Nov 7, 2014 | $2,575,000 | Hyannis Mesa LLC | Mainis,family Trust | Grant Deed | — |
| Mar 13, 2009 | $5,393,000 | Mainis Family Trust | Phoenix 7 Portfolio LLC | Warranty Deed | $3.3M · Mark One Capital INC |
| May 23, 2007 | $3,300,000 | Phoenix 7 Portfolio LLC | Cvs 3436 Mesa LLC | Grant Deed | — |
| Jun 26, 2006 | $3,300,000 | Cvs 3436 Mesa LLC | Osco Drug Of Texas LLC | Quit Claim Deed · related | — |
| Jul 24, 2001 | — | Osco Drug Of Texas INC | American Stores Properties INC | Grant Deed · related | — |
| May 28, 1997 | $733,568 | American Stores Properties INC | Superstition Investors L | Grant Deed | — |
Description
This exceptional 17,122-square-foot industrial building presents a unique owner/user opportunity in Mesa, Arizona's thriving East Valley submarket. Located at 7561 E Baseline Rd, 85209, this property boasts a versatile design suitable for distribution, warehouse, or manufacturing operations. Built in 1998 and extensively renovated in 2021, the building is in excellent condition and ready for immediate occupancy. The property features a high 18-foot ceiling clearance, providing ample vertical space for storage and operations. Convenient loading is ensured with one loading dock. The property is zoned LC, offering flexibility for various industrial uses. Offered at $4,950,000, this sale-leaseback opportunity allows for immediate capital release while maintaining operational control. The property's strategic location in Maricopa County provides easy access to major transportation arteries, enhancing logistical efficiency. This is an ideal investment for businesses seeking a modern, well-maintained facility in a prime East Valley location. Don't miss this chance to acquire a high-quality industrial asset with significant upside potential.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,945,000
- 6.5%
- $2,720,000
- 7%
- $2,525,000
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $4,405,000 Current use
- MEDICAL BUILDING
- $4,400,000 Change: -0% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Mesa
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.668
- Latitude
- 33.3787
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
