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3 TENANT RETAIL - 14081 W GRAND AVE 14081 W Grand Ave 4,216 SF 100% Leased Retail Building Surprise, AZ 85374 $1,522,000 ($361.01/SF) 6.85% Cap Rate
Investment Highlights
- Fully Stabilized Investment – 100% Occupied Retail Property
- NNN Lease Structures – Passive Ownership
- Surrounding Development – Catalysts for Long-Term Growth
- Established Tenants with Long Term Operating Histories
- Built In Income Growth – 3% Annual Rent Increases
- Dunkin’ Donuts – Drive Thru Under Construction
Executive Summary
Broker of Record
David Harrington
License No. CO701910000 (AZ)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100,
Scottsdale, AZ 85251
David Harrington
License No. CO701910000 (AZ)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100,
Scottsdale, AZ 85251
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Building Size
4,216 SF
Building Class
B
Year Built
2005
Price
$1,522,000
Price Per SF
$361.01
Cap Rate
6.85%
NOI
$104,257
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.02
Lot Size
4.78 AC
Zoning
C-C
Frontage
156’ on W Grand Ave
Amenities
- Smoke Detector
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 503-59-031V | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $472,785 |
Property Taxes
Parcel Number
503-59-031V
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$472,785
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3 TENANT RETAIL - 14081 W GRAND AVE | 14081 W Grand Ave
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