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$1,475,000 Just Listed
Property 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.
Full Property Details
Full Property Details for 625 W Southern Ave
General
- Price: $1,475,000
- Taxes: $7,746 (2025)
- Status: Active
- Type: Commercial
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6988907
- Updated: 2/24/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Professional/Office
Interior
- Flooring: Tile, Carpet
Additional Information
- Security/Safety: Alarm System, Security System
Parking
- Parking Features: Parking Lot, Paved, Private, Free
Location
- County: Maricopa
- Township: 1N
- Cross Streets: Southern Ave. and Country Club
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Heat Pump, Office A/C
- Heating Type: Heat Pump
Utilities
- Water: City Franchise, Master Meter
Structural Information
- # Buildings: 1
- Structure Type: Commercial, Office
- Exterior Const.: Wood Frame
- Roof: Composition
- Year Built: 1973
Lot Features
- Lot Size (Acres): 0.44
- Lot Size (Sq. Ft.): 19,341
- Frontage: Paved
- Zoning: OC
Financial Considerations
- Tax Amount: $7,746
- Tax Year: 2025
Disclosures and Reports
- Legal Description: W 105F W 305F E 315F OF S 199F N 239F OF W2 NE4 E X N 15F
- Property ID: 134-22-004-W
- Range: 5E
- Section: 33
Listed by American Realty Brokers
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Schools
Schools serving 625 W Southern Ave
School District:Mesa Unified District
| Name | Grades | Distance |
|---|---|---|
Redbird Elementary School 1020 South Extension Road, Mesa, AZ 85210 | K-6 | 0.3 mi |
Rhodes Junior High School 1860 South Longmore, Mesa, AZ 85202 | 7-8 | 1.7 mi |
Dobson High School 1501 West Guadalupe Road, Mesa, AZ 85202 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 625 W Southern Ave
Date
Details
Price
Change
Source
2/24/2026
Listed
$1,475,000
15.69%
MLS
7/26/2022
Sold
$1,275,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 625 W Southern Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
-100%
$157,248
25%
2024
$7,947
-5%
$126,288
—
2022
$8,322
—
$126,060
12%
2022
$8,322
—
$112,948
-10%
2022
$8,322
-4%
$125,244
13%
2021
$8,664
1%
$110,466
22%
2020
$8,551
7%
$90,540
11%
2019
$7,990
4%
$81,630
5%
2018
$7,668
3%
$78,066
10%
2017
$7,440
2%
$70,776
24%
2016
$7,301
-5%
$56,934
-7%
2015
$7,708
2%
$60,903
2%
2014
$7,545
1%
$59,812
-3%
2013
$7,498
—
$61,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 625 W Southern Ave
625 W Southern Avenue, Mesa, AZ 85210 (MLS# 6988907) is a Commercial property. 625 W Southern Avenue is currently listed for $1,475,000 and was received on February 24, 2026. Want to learn more about 625 W Southern Avenue? Do you have questions about finding other Commercial real estate for sale in Mesa? You can browse all Mesa real estate or contact a Coldwell Banker agent to request more information.
