OCOTILLO TRAILS MARKETPLACE | 40815-40975 S Ironwood Dr
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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
£761,583
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
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
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £3,123,992 | |
| Land Assessment | £722,017 | Total Assessment | £3,846,009 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£722,017
Improvements Assessment
£3,123,992
Total Assessment
£3,846,009
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OCOTILLO TRAILS MARKETPLACE | 40815-40975 S Ironwood Dr
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