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213 Monroe Ave 2,450 SF Office Building Buckeye, AZ 85326 $680,500 ($277.76/SF) 7.20% Cap Rate
Investment Highlights
- Rare abundance of parking and great signage in Heart of Downtown Buckeye
Executive Summary
Tenant just signed a new 5 year lease in May 2019.
Year 1 NOI $48,996 with 3 % annual increases
7.2% CAP
Year 1 NOI $48,996 with 3 % annual increases
7.2% CAP
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Office
Property Subtype
Medical
Building Size
2,450 SF
Building Class
B
Year Built/Renovated
1945/2019
Price
$680,500
Price Per SF
$277.76
Cap Rate
7.20%
NOI
$48,995
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,450 SF
Building FAR
0.30
Lot Size
0.19 AC
Zoning
C-C - Commercial
Parking
42 Spaces (17.14 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
1 1
Property Taxes
| Parcel Number | 400-27-036 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $26,200 |
Property Taxes
Parcel Number
400-27-036
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$26,200
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
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Street
Map
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213 Monroe Ave
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