DIANE BORAM GRI ..."NW VALLEY HOMES"
"MAKING IT HAPPEN"
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93rd/Happy Valley
(Peoria, Arizona, US - 85382)
MLS®
$1,100,000
9 % CAP Rate
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"Well Kept Office Build. / Good Location"
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LONG REALTY WEST VALLEY
LONG REALTY WEST VALLEY
DIANE BORAM,REALTOR, GRI
Email DIANE
Phone:
623-209-3200
TollFree:
1-800-418-6390
Cell:
623-570-3585
Fax:
623-505-9420
Details
Address:
8805 W Union Hills Dr
Type:
Commercial
Style:
Building has an Elevator
Size:
7,968 sq. ft.
Lot Type:
Rectangular
Lot Size:
51520sq. ft.
160ft x 322ft
"Recorded as two parcels"
Has Suite:
Yes
Year Built:
1996 "Covered Parking added 2006"
Taxes:
$26,143.00 (2008)
MLS®:
3014064
Description
This Office Building is being offered at a 9.0 % CAP. All rentals are NNN with total expenses of $ 57,294/Yr. Fully occupied Gross Income is $ $ 137,322/Yr. T-Moble is tennant on Flag Pole Cell tower with 30 Yr lease. 15 Covered parking stalls are rented for $ 25/Month. BONUS This property is divided into two parcels Front parcel (10,152 Sq Ft has been engineered for a new 1,500 Sq Ft Office Bulding. Estimated cost to build is $ 210,000. This new building would have a PROJECTED CAP of 20 %.
Highlights
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51 Parking Spaces ??? 15 or covered and leased for $ 25.00 per month each.
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Monument Sign in place
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Fire Sprinklers
Features
Interior Features
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Alarm System
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Carpeted Floors
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Hardwood Floors
Cooling
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Central Air
Exterior Finish
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Stucco
Heating
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Central Electric
Roof
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Built Up
Sewer/Water Systems
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Private
View
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City Lights
Extra Features
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Balcony
Brokered and Advertised by:
REMAX Professionals
P2#5327327
Listing Agent:
Bill & Frieda Christianson
623-214-3200
Information is deemed to be correct but not guaranteed.
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