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Indian School Plaza 626 W Indian School Rd 8,000 SF 84% Leased Retail Building Phoenix, AZ 85013 $1,390,000 ($173.75/SF) 8.09% Cap Rate
Investment Highlights
- 37.4K Vehicles per Day on Indian School Rd
Executive Summary
Value-Add Opportunity
37.4K Vehicles per Day on Indian School Rd
37.4K Vehicles per Day on Indian School Rd
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,000 SF
Building Class
C
Year Built
1964
Price
$1,390,000
Price Per SF
$173.75
Cap Rate
8.09%
NOI
$112,415
Percent Leased
84%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.63
Lot Size
0.29 AC
Zoning
C-2, Phoenix - Commercial
Parking
10 Spaces (1.25 Spaces per 1,000 SF Leased)
Frontage
54’ on W Indian School Rd
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 155-32-162 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $91,948 |
Property Taxes
Parcel Number
155-32-162
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$91,948
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Indian School Plaza | 626 W Indian School Rd
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