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7365 Power Rd - Full Circle Building
2.12 Acres of Commercial Land Offered at £2,347,350 in Queen Creek, AZ 85142
Investment Highlights
- Major intersection with high traffic corridor
- Large retail presence in adjoining shopping center
Executive Summary
-Negotiable price, bring an offer
-Will consider a joint venture project
-Approved plans from City of Queen Creek available for drive through building and retail spaces
-Former car wash, structure will need removed
-Ideal QSR location high traffic intersection
-Shareholder in LLC is a licensed real estate agent in Arizona
-Lot size per assessor lot is 92,360 square feet
Data Room Click Here to Access
Property Facts
| Price | £2,347,350 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Retail |
| No. Lots | 1 | Total Lot Size | 2.12 AC |
| Property Type | Land | Cross Streets | Rittenhouse Road |
| Price | £2,347,350 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 2.12 AC |
| Cross Streets | Rittenhouse Road |
1 Lot Available
Lot
| Price | £2,347,350 | Lot Size | 2.12 AC |
| Price Per AC | £1,107,241 |
| Price | £2,347,350 |
| Price Per AC | £1,107,241 |
| Lot Size | 2.12 AC |
The lot is an approved drive through project in the City of Queen Creek. The building is a former car wash/auto shop. Zoned CG/CityC2. QSR drive through was planned. 10000 sq ft building has been approved, more retail space can be built.
Description
Ideal for QSR such as pizza franchise, coffee shop, fast foods and other high volume business tenants. Re-development opportunity Former car wash and auto repair-No longer operational 10,000 sq ft building approved by the City of Queen Creek High traffic corner between Power Road and Rittenhouse Road Shares an area with Home Depot across the parking lot, high volume HD store C-G/C2 zone allows for additional space in building to be leased out for additional cash flow Building will have to be demolished to build-Security fence in place
PROPERTY TAXES
| Parcel Number | 314-05-985 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £312,959 |
PROPERTY TAXES
zoning
| Zoning Code | C-G/City - C2 (Zoning allows for a drive through to be built up to 10000 sq ft building. Approved plans from City of QC. 56 parking spaces approved.) |
| C-G/City - C2 (Zoning allows for a drive through to be built up to 10000 sq ft building. Approved plans from City of QC. 56 parking spaces approved.) |
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Mitch Korrub -
Robert Poe -
Royal Commercial Real Estate LLC
Presented by
7365 Power Rd - Full Circle Building
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