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Historical Retail Sale Listing - Washington Mutual AZ

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Washington Mutual AZ

209 E Apache Trail, Apache Junction, AZ 85219

Washington Mutual AZ
  • N/A
  • 3,500 SF
  • Retail
  • Free Standing Bldg
  • Street Retail
    Retail (Other)
    Retail Pad
  • Investment
  • 2%
  • 6%
  • 100%
  • 1
  • Single
  • 2006
  • 50,000 SF
Last Verified  10/23/2006 Listing ID  14489047

Highlights

  • INCLUDES 25000 ADJACENT PAD
  • NN - Self Managed
  • True hands off investment w/ 6th largest Bank Tenant

Description

New Washington Mutual Bank INCLUDES NATIONAL TENANT QUALITY ADJACENT PAD 25000 SF PAD Appraised @ $420K: Delivery 9/18/06: Tenant Managed, 10 Yr Lease with 2 5 year ext. 12% increase every 5 yrs. Directly in front of Frys Shopping center. Walgreens, Osco, Blockbuster and many other national tenants. Block Construction with great visability from both trafic lights. Busiest Shopping Center in region. NOTE: Corporate demand on all new branchs =5 Year Early Termination clause w/ 2 years notice and 1 years rent penalty paid time of notice. Tenant has never exited lease within 5 years in it's history. National Corporate Guarenteed lease.

From Phx Highway 60 south to Idaho North to Apache Trail. SWC.

Map of 209 E Apache Trail, Apache Junction, AZ 85219 (Pinal County)

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Created 2/3/2006

Additional Information for 209 W Apache Trail, Apache Junction, AZ 85220

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. TB-BSO