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6335 N 16th St
Phoenix, AZ 85016
Richardson's Sale Leaseback · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,775 SF
Building Class
B
Year Built/Renovated
1946/2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.96 AC
Zoning
C-1, Phoenix - Neighborhood Commercial, C-1
Frontage
97’ on 16th St
Amenities
- Restaurant
- Signage
- Monument Signage
- Air Conditioning
About 6335 N 16TH ST , PHOENIX, AZ 85016
• Highly desireable restaurant location in North Central Phoenix • Absolute NNN lease by Richardson’s & Rokerij for 10 years • Year 1 NOI of $330,000.00 • 2% annual increases • Sale includes C Store (2,080 SF) with potential for additional revenue. • Strong real estate appreciation with high barriers to entry near the historic, affluent neighborhoods of North Central Phoenix • Tenant financials available upon request • Low rent to sales ratio set below 6% to keep Richardson’s & Rokerij in a healthy financial situation
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $234,812 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$234,812
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