2861 N 52nd Ave
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2861 N 52nd Ave
5,900 SF 100% Leased Retail Building Phoenix, AZ 85035 $1,295,000 ($219/SF) 8.67% Cap Rate
Investment Highlights
- Thomas Road Frontage
Executive Summary
SEC OF 52ND AVENUE AND THOMAS ROAD| PHOENIX, ARIZONA
This Retail/Office project is situated just west of the southwest corner of 51st Avenue and Thomas Rd in Phoenix, Arizona. This location offers excellent access, visibility and signage, including valuable Thomas Rd Frontage. Population density is excellent at this location and includes a loyal customer base.
This Retail/Office project is situated just west of the southwest corner of 51st Avenue and Thomas Rd in Phoenix, Arizona. This location offers excellent access, visibility and signage, including valuable Thomas Rd Frontage. Population density is excellent at this location and includes a loyal customer base.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,900 SF
Building Class
C
Year Built
1986
Price
$1,295,000
Price Per SF
$219
Cap Rate
8.67%
NOI
$112,298
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.46 AC
Zoning
C-1, Phoenix - Commercial Retail Office
Parking
12 Spaces (2.1 Spaces per 1,000 SF Leased)
Amenities
- Signage
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Estrella Insurance
- -
- -
- -
- -
- Fade City Barbers
- -
- -
- -
- -
- Order Express Title Loans
- -
- -
- -
- -
- Watermill Express
- -
- -
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Estrella Insurance | - | - | - | - | ||
| Fade City Barbers | - | - | - | - | ||
| Order Express Title Loans | - | - | - | - | ||
| Watermill Express | - | - | - | - |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 103-54-086 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $62,234 |
PROPERTY TAXES
Parcel Number
103-54-086
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$62,234
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2861 N 52nd Ave
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