16140 N Arrowhead Fountain Center Dr
Peoria, AZ 85382 ·
18,324 SF · Retail For Sale
|Building Size||18,324 SF||Cap Rate||6.40%|
|Property Sub-type||Retail (Other)||Tenancy||Multiple|
|Property Use Type||Net Lease Investment with 4 years left on lease||Lot Size||1.98 AC|
|Listing ID: 15926303||Date Created: 10/03/2008||Last Updated: 10/30/2008|
16140 N Arrowhead Fountain Center Dr is an existing 18,324 rentable square foot building comprised of five suites (101 - 105) and four tenants. The anchor tenant, Family Partners LLC occupies 11,867 rsf, or 65% of the building. Their five-year lease runs through June 2013. There lease rate at $17.50 nnn, is considerably under the market and therefore provides a great value and opportunity for increased equity.
The building is located within the Arrowhead Fountain Center Association at Bell Road and the 101 Freeway in Peoria. The location is convenient to the Loop 101 and the north west valley.
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