Historical Retail Sale Listing - Arrowsport

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Arrowsport

16140 N Arrowhead Fountain Center Dr, Peoria, AZ 85382

N/A

18,324 SF | Retail

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Arrowsport front of bldg

Retail Property - Off Market

Price:
N/A
Building Size:
18,324 SF
Property Type:
Retail
Property Sub-type:
Retail (Other)
Property Use Type:
Net Lease Investment with
4 years left on lease
Commission Split:
4%
Cap Rate:
6.40%
Occupancy:
92%
Tenancy:
Multiple
Lot Size:
1.98 AC
Listing ID
15926303
Last Updated
over 1 year ago

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.

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

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