4911 E Falcon Dr, Mesa, AZ, 85215
4911 E Falcon Dr
Mesa, AZ 85215
https://thebrokerlist.com/have/4911-e-falcon-dr-mesa-az-85215-129182
FOR SALE
Last Verified:
Aug 12, 2022
Highlights
- Sale Price: $1,450,000
- Size (Building): ±6,300 SF
- Size (Lot): ±26,571 SF
- Runway Length: 5,100 Feet
Description
R.O.I. Properties is pleased to exclusively offer for sale a ±6,300 SF Airplane Hangar located within Falcon Field Airport (City of Mesa). Situated on a 0.61 AC lot and subject to a ground lease, the leasehold improvements consist of a ±6,300 SF block building that serves office, storage, and hangar uses. The upgrades also consist of ±4,907 SF steel canopy equipped with water and power. The improvements were custom built for an aircraft painting facility (±3,000 SF painting booth and equipment available for sale) in 2009. The ground lease (City of Mesa) expires on December 31st, 2048, and has a current base rent of $703.57 per month (plus taxes).
Mesa, AZ
Building Size: 6300sq ft
Lot Size: 528.8 acres
Map of 4911 E Falcon Dr, Mesa, AZ, 85215
What are Real Estate Incentives?
Real Estate incentives range widely and have been overlooked by the
Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
- U.S. Public: Many incentives focus on job creation and Affordable Housing
- Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
- Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
- Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
