$1,200,000
$1,500,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
1.69 Acres Lot
SOLD DATE : 01/15/2020
Key Details
Sold Price $1,200,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5931885
Sold Date 01/15/20
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1989
Lot Size 1.693 Acres
Acres 1.69
Property Description
INVESTMENT PROPERTY – CAP 7.00 % - RETAIL - OFFICE STRIP CENTER Retail Strip center with very low rents in one of the fastest growing areas in the US. Close to the Mesa Gateway Airport, the East Valley is comprised of cities such as Tempe, Mesa, Chandler, Apache Junction, Gilbert and the Town of Queen Creek. It is a national initiative to advance business and quality of life in this region, including expansion of high-tech job growth. The East Valley has become an ideal location for those seeking an environment that is well-suited for innovative entrepreneurs as well as prospering businesses looking to expand and/or relocate. This area is a hotbed for innovation and near the expansion of the 275-square-mile Superstition Vista project that is master-planned for 800,000 people as well as
Location
State AZ
County Maricopa
Zoning C2
Interior
Heating Heat Pump
Cooling Central A/C
Flooring Concrete
Exterior
Parking Features Public Parking
Fence None
Roof Type Built-Up
Present Use Retail
Total Parking Spaces 30
Building
Sewer Public Sewer
New Construction No
Others
Senior Community No
Tax ID 218-18-001-Q
Financing Cash
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Bought with Kasten Long Commercial Group
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