$ 1,399,000.00
NEGOTIABLE

7223 W Indian School Rd, Phoenix, AZ 85033, USA
  • Type:
  • Lot Size: .95 AC
  • Gross Leasable Area: 16,000 SF
  • Sale Type: Investment or Owner User
  • Sale Condition: Distress Sale

Description

New under market price of $85.87 per square foot Approximately 16,300 SF commercial retail building Former furniture and electronics showroom Long term grocery and meat market tenant on a month to month paying rent. Zoned C-2 41,454 SF lot, over 200 feet of frontage on Indian School Road Approximately 2,000 apartment units within walking distance

Highlights:

  • Must sell value add retail building for sale with income
  • Great below market investment opportunity
  • Next to national user Discount Tire Co.
  • New under market price

Sale Notes

  • Notes: MUST SELL VALUE ADD RETAIL BUILDING SHOWROOM WITH MONTHLY INCOME 4,000 SF LONG TERM TENANT (MONTH TO MONTH) PAYING $4,800 PER MONTH GROSS. BALANCE OF 12,320 sf AVAILABLE FOR USER OR VACANT SPACE CAN BE DIVIDED AND LEASE TO MULTIPLE USES. GREAT BELOW MARKET INVESTMENT, GOOD SIGNAGE AND GOOD PARKING FIELD. NEW UNDER MARKET PRICE: $1,399,000 OR $85.87 PSF

Documents

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Agents(Hidden don\’t remove)

  • Agents: 13, 14

Agents

Agent profile image
Properties Qty: 1 Rating:
Bruce Milton (602) 393-0366 bruce.milton@derito.com

Agent profile image
Properties Qty: 4 Rating:
Justin Rihs (602) 553-2944 justin.rihs@derito.com

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