This Retail Property is Off-Market.

16140 N Arrowhead Fountain Center Dr
Peoria, AZ 85382 ·

18,324 SF · Retail For Sale

N/A

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Price N/A Commission Split 4%
Building Size 18,324 SF Cap Rate 6.40%
Property Type Retail Occupancy 92%
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

Description

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.

Research

16140 N Arrowhead Fountain Center Dr, Peoria, AZ 85382 (Maricopa County)

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