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Browse More Listings in Retail For Sale, Queen Creek, AZ or Arizona

Retail Property For Sale

San Tan Palm Plaza

18914 E. San Tan Blvd, Queen Creek, AZ 85242

Price:
$3,190,000
Building Size:
13,070 SF
Price/SF:
$244.07
Property Type:
Retail
Property Sub-type:
Street Retail
Additional Sub-types:
Day Care Facility/ Nursery
Restaurant
Retail (Other)
Property Use Type:
Net Lease Investment with 5 years left on lease
Cap Rate:
7%
Occupancy:
90%
Tenancy:
Multiple
Year Built:
2007
Lot Size:
1.90 AC
Find Out More...

Last Verified 10/28/2009 Listing ID 15277451

Highlights

Great Investment opportunity
High Traffic count due to business types
Low competition in the area for current businesses

Strong income earning property
Brand New Building

Description

Just Reduced!!!! This incredible investment opportunity is in Queen Creek, Arizona. The property is brand new, with tenants that compliment each other well. There is a Women's Wellness center (Yoga, Chriopratic, Massage, Nails, etc), an Ice Cream Creamery, a children's preschool, a dog groomer, a developer, and plans are being discussed for a daycare (which is part of the Preschool business). There is one more unit left to rent out that can be split if needed. Great for a sandwich or coffee shop. High traffic count every two hours for school. Other businesses have signed the leases and are in the process of completing their Tenant Inprovements. Leases are all new and range from 3 to 6 years.

1/2 mile East of Power Rd on San Tan Blvd. in Queen Creek.

Financial Summary

Actual
Net Operating Income
$224,000

Map of 18914 E. San Tan Blvd, Queen Creek, AZ 85242 (Maricopa County)

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Created 8/7/2007

Additional Information for 18914 E San Tan Boulevard, Queen Creek, AZ 85242

Active For Sale - 1 Listing
Active For Lease - 1 Listing
Previously Listed - 2 Historic Listings
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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.

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Retail Property For Sale - San Tan Palm Plaza

18914 E. San Tan Blvd, Queen Creek, AZ, 85242