pierpont san tan 6859 e. rembrandt avenue| mesa, az click ......virtual tour! commercial properties...

Pierpont San Tan6859 E. Rembrandt Avenue| Mesa, AZ

Office Purchase Opportunity

TYSON BREINHOLTD 480 966 7513M 602 315 [email protected]

SHANE McCORMICKD 480 968 9618M 480 720 [email protected]

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COMMERCIAL PROPERTIES INC P. 2

Pierpont San Tan6859 E. Rembrandt Avenue | Mesa, AZ 85212

PIERPONT SAN TAN | TYSON BREINHOLT 480.966.7513 | SHANE McCORMICK 480.968.9618

Address 6859 E. Rembrandt AvenueMesa, AZ 85212

Offering ±14,424 SF Multi-Tenant Office Condo Building

Sale Price $2,625,168

Price / SF $182.00

Call for Offers Date TBD

SF For Sale (Rentable) Approx. 14,424

Year Built 2007

Zoning LI, Mesa

Parcel # 304-17-208A

Amenities

Turn-Key Classroom Setting with Reception, Conference Room,

4 Offices, 5 Classrooms, Break Room, 2 sets of Restrooms

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Project Summary





Own vs. Lease

Loan Amount: $2,100,134.40 Loan Amount: $2,362,651.20 Lease Rate: $16.00Down Payment: $525,033.60 Down Payment: $262,516.80 Lease Term in Years: 10

Annual Interest Rate:* 4.00% Annual Interest Rate:* 4.00% Lease Type: NNNLoan Period in Years: 10 Loan Period in Years: 10 Annual Increases: 3.00%

Loan Amortization in Years: 25 Loan Amortization in Years: 25Balloon Payment: $1,498,643.24 Balloon Payment: $1,685,973.64

Scheduled Payment: $11,085.28 Scheduled Payment: $12,470.94 Initial Monthly Base Rent: $19,232.00Down Payment: $525,033.60 Down Payment $262,516.80 Total Rent Paid: $2,645,679.92

Interest: $728,742.80 Interest: $728,742.80 Rental Tax 2.5%: $66,142.00Equity: Principal Paid: $601,491.16 Equity after 10 years**: $676,677.56 Total Payments: $2,711,821.92

Equity: Market Increase (3%): $902,838.27 Equity: Market Increase (3%): $902,838.77TOTAL EQUITY: $1,504,329.43 TOTAL EQUITY: $1,579,516.33 TOTAL EQUITY: $0.00

*Disclaimer: Interest rates do not represent current market rates and are used for informational purposes only.

Conventional Loan SBA Loan Lease




Interior Photos




Exterior Photos




Floor Plan

Note: All scale, characteristics, dimensions and square footages indicated are approximate. Actual dimensions are to be field-verified.




Amenities Map

SANTANVILLAGE

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Ray Rd

Williams Field Rd

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SANTANMOTOPLEX

PHOENIX/GATEWAYAIRPORT

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Power RdWarner Rd

ÇNElliot Rd

LENNAR ARIZONA HAWES CROSSING MASTER PLANNED DEVELOPMENT

APPROVED BY CITY OF MESA

Warner Rd

SCOTT MORRISON TRUST

LESUEUR INVESTMENTS VI LLC

POWER 40 LLC




Bird’s Eye View

Warner Rd

ÇN

HAWES CROSSING MASTER PLANNED DEVELOPMENT




Zoom InÇN

The information contained herein has been obtained from various sources. We have no reason to doubt its accuracy; however, J & J Commercial Properties, Inc. has not verified such information and makes no guarantee, warranty or representation about such information. The prospective buyer or lessee should independently verify all dimensions, specifications, floor plans, and all information prior to the lease or purchase of the property. All offerings are subject to price change, prior sale, lease, or withdrawal from the market without prior notice. Effective: 04 16 20

TYSON BREINHOLTD 480 966 7513M 602 315 [email protected]

exclusively represented by:

SHANE McCORMICKD 480 968 9618M 480 720 [email protected]

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pierpont san tan 6859 e. rembrandt avenue| mesa, az click ......virtual tour! commercial properties...

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