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Wenden Country Market 70932 Highway 60 11,421 SF 78% Leased Retail Building Wenden, AZ 85357 $755,000 ($66.11/SF) 18.75% Cap Rate
Investment Highlights
- 2005 Triple Wide on Property for Residence
- Three detached individual units could be made into casitas.
- There are a total of 9 buildings on the property including a strip shopping center with a laundromat, grocery store, hardware store, and cafe
- All of this within 35 miles of Alamo Lake State Park. Sale to include all inventory, fixtures, lottery and liquor license
Executive Summary
Dramatic Price Reduction - Motivated Seller! Additional Discount for Cash & Close by the end of the year! Ask about Seller Carryback!
Property Facts In Escrow
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
11,421 SF
Building Class
C
Year Built
1965
Price
$755,000
Price Per SF
$66.11
Cap Rate
18.75%
NOI
$141,570
Percent Leased
78%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
2.75 AC
Opportunity Zone
Yes
Zoning
C2 & MHS - Parcels 157G is zoned C-2 (Commercial). Parcel 157F is Multi Use (both C-2 and MHS). Parcel 158B is MHS. Parcel 157C is C-2 (Commercial).
Parking
12 Spaces (1.05 Spaces per 1,000 SF Leased)
Frontage
198’ on U.S. 60
Amenities
- Restaurant
- Signage
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $449,761 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$449,761
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Videos
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Photos
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Map
Presented by
Arizona Legends Realty
Wenden Country Market | 70932 Highway 60
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