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Browse More Listings in Retail For Sale, Phoenix, AZ or Arizona

Retail Property For Sale

Auto Plaza

5134 East McDowell Road, Phoenix, AZ 85008

Price:
$855,000
Building Size:
7,500 SF
Price/SF:
$114
Property Type:
Retail
Property Sub-type:
Vehicle Related
Property Use Type:
Investment
Cap Rate:
9.73%
Occupancy:
100%
Tenancy:
Multiple
Lot Size:
28,508 SF
Find Out More...

Last Verified 10/30/2009 Listing ID 16303862

Description

The subject property is a 7,500 square foot multi-tenant retail center that is 100% occupied. The tenants are vehicle related and serve a variety of auto needs. As many tenants are on month to month leases, there is a significant upside in lease negotiation or possibility to occupy the units.

The property is located on McDowel Rd, a mahor thoroughfare in Phoenix.

Financial Summary

Actual
Scheduled Gross Income
$102,108
Operating Expenses
$18,936
Net Operating Income
$83,172

Map of 5134 East McDowell Road, Phoenix, AZ 85008 (Maricopa County)

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Contact Listing Broker

Mehran Foroughi (949) 724-5527

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Created 7/2/2009

Additional Information for 5134 E Mcdowell Road, Phoenix, AZ 85008

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 6 Historic Listings
Sales Comparables Available - 1 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.

Comparable Properties for 5134 East McDowell Road, Phoenix, AZ 85008

Nearby Retail properties for saleSearch all commercial real estate for sale

McDowell & 46th Street Owner/User Building
$340,000
1,500 SF

Nearby Retail properties for leaseSearch all commercial real estate for lease

1524 N. 48th St
$14.50/SF/Year
3,600 SF
3236 E. McDowell
Negotiable
5,032 SF
Desert Palms Power Center
$25.00 - $28.00/SF/Year
1,400 - 5,659 SF

Nearby Recently Sold Retail propertiesSearch all recently sold commercial real estate

Vehicle Related
Sold 4Q 2005
Retail (Other)
Sold 4Q 2005
Restaurant
Sold 3Q 2004

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 - Auto Plaza

5134 East McDowell Road, Phoenix, AZ, 85008