8385 W Grand Avenue 8385 W Grand Ave

8385 W Grand Ave , Peoria, Arizona, 85345 | 4,715 sq.f | $ 975,000

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About This Restaurant

Investment Highlights

Executive Summary

4,715 SF 3-Unit Retail Strip Center. 100% leased with below market rents. Entrance to Downtown Peoria. .53 Acres. Seller Financing Options Available.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Retail
  • Building Size    4,715
  • Building Class    C
  • Year Built    1970
  • Price    975,000
  • Price Per SF    207
  • Cap Rate    5.71
  • NOI    55,716
  • Percent Leased    49
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    0.20
  • Land Acres    0.53 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Property Taxes

Parcel Number 142-42-041Q Improvements Assessment $0
Land Assessment $0 Total Assessment $47,411
Date Created: 2024-07-16 04:09:20 Last Updated: 2024-07-16 04:09:20
Address: 8385 W Grand Ave , Peoria, Arizona, 85345