1918 N Higley Rd

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1918 N Higley Rd

Mesa, AZ 85205
Asking Price
$1.90M
Asset Type
Manufacturing Industrial
Class
Class B

What's Special

Industrial/Office Building with Yard For Sale <ul><li>​±6,200 SF Industrial/Office Building with Yard</li><li>​±2,200 SF A/C'd Warehouse with ±4,000 SF Office Space (±2,000 SF Main Floor & ±2,000 SF Mezzanine)</li><li>​±3,200 SF Gated Yard</li><li>​Currently leased; tenant in place approximately one more year. Lease and rent details available upon request</li><li>​14' Roll Up Door</li><li>​Approx. 18' Clear Height</li><li>​600 Amps Electric *to be confirmed by buyer</li><li>​Sprinkler System</li><li>​LED Lighting</li><li>​Close Proximity to

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NOI
$80,000
Cap Rate
4.21%
DSCR
0.71
Underwater
Cash-on-Cash
-5.75%
Monthly Payment
$9,400.163
Annual Cash Flow
$-32,801.96

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