2807 N 35th Ave
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2807 N 35th Ave
1,500 SF Retail Building Phoenix, AZ 85009 £980,512 (£654/SF) 6% Net Initial Yield
Investment Highlights
- Drive Through
- Great Exposure
- 10 Year Lease in place with two 5-year Extensions.
Executive Summary
Great location with grandfathered Drive-through. Existing liquor store business with initial 10 year lease ending September 30, 2032 and then two 5-year extensions. Great long term Investment.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,500 SF
Building Class
B
Year Built
1968
Price
£980,512
Price Per SF
£654
Net Initial Yield
6%
NOI
£58,831
Tenancy
Single
Number of Floors
1
Building FAR
0.09
Land Acres
0.37 AC
Opportunity Zone
Yes
Zoning
C-2 - C-2 Commercial
Frontage
300 ft on 35th Avenue
PROPERTY TAXES
| Parcel Number | 108-10-132H | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £20,648 |
PROPERTY TAXES
Parcel Number
108-10-132H
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£20,648
-
Pete Baldwin -
Platinum Realty Network
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2807 N 35th Ave
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