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2140 E Cactus Rd 4,534 SF Retail Building Phoenix, AZ 85022 $1,475,000 ($325.32/SF)
Investment Highlights
- Newly Constructed in 2017 Multi-Tenant Value Add or Owner User Retail Offering
- Subway occupies 1,335 SF; built out with new “fresh forward’ Design and will lease back at COE for 5+ years
- ±4.3% retail vacancy rate in a 3-mile radius with almost no new space currently under construction
- Highly visible frontage on Cactus Rd with 39,750 VPD; plus an additional 27,680 VPD on N Cave Creek Rd
- The remaining 3,199 SF is vacant shell available for a single user/tenant or divisible for 2 additional tenants
- Parking ratio of ±7.94/1,000 SF | 36 parking stalls
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
4,534 SF
Building Class
B
Year Built
2017
Price
$1,475,000
Price Per SF
$325.32
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.63 AC
Zoning
C-2 retail - C-2 | Commercial Retail Medical
Parking
36 Spaces (7.94 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Restaurant
- Signage
- Tenant Controlled HVAC
- Monument Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Built out restaurant - Former Subway
Built out restaurant - Former Subway
| Space | Size | Space Use | Position | Available |
| 1 | 1,335 SF | Restaurant | End Cap | Now |
| 2-3 | 1,600-3,199 SF | Office/Retail | - | Now |
1
| Size |
| 1,335 SF |
| Space Use |
| Restaurant |
| Position |
| End Cap |
| Available |
| Now |
2-3
| Size |
| 1,600-3,199 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
1
| Size | 1,335 SF |
| Space Use | Restaurant |
| Position | End Cap |
| Available | Now |
Built out restaurant - Former Subway
2-3
| Size | 1,600-3,199 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
Built out restaurant - Former Subway
Nearby Major Retailers
Property Taxes
| Parcel Number | 166-14-037M | Improvements Assessment | $0 (2025) |
| Land Assessment | $0 (2025) | Total Assessment | $113,969 (2025) |
Property Taxes
Parcel Number
166-14-037M
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$113,969 (2025)
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2140 E Cactus Rd
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