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OCOTILLO TRAILS MARKETPLACE 40815-40975 S Ironwood Dr

39,298 SF 100% Leased Retail Building San Tan Valley, AZ 85140 For Sale

Investment Highlights

  • Currently, 94% occupied with a mix of national and local tenants. 100% projected occupancy for 2023
  • High-performing intersection with excellent visibility
  • Below market rents and annual NOI growth provide upside
  • Appraised value of $16,250,000.00
  • Annual increases in most leases
  • Stable cash flow with significant NOI growth

Executive Summary

Prime investment opportunity. NNN leased shopping center. Offering price is negotiable.

Property Facts

Sale Type
Investment NNN
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Retail
Building Size
39,298 SF
Building Class
B
Year Built
2008
NOI
$957,462
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
6.55 AC
Zoning
CB-2 - Commercial Business
Frontage
200 FT on N Ironwood Rd

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
  • Signage

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Jasper's Pool Supply
  • Retailer
  • -
  • -
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Jasper's Pool Supply Retailer - - Lorem Ipsum Jan 0000

Nearby Major Retailers

Filiberto's Mexican Food
La Fitness
Starbucks
Freddy's Frozen Custard & Steakburgers
Anytime Fitness
Salad and Go
Safeway

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 104-24-013H
  • 104-24-013K
Land Assessment
$907,720
Improvements Assessment
$3,927,483
Total Assessment
$4,835,203
  • Listing ID: 26781043

  • Date on Market: 10/5/2022

  • Last Updated:

  • Address: 40815-40975 S Ironwood Dr, San Tan Valley, AZ 85140

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