Property Listing

CASH ON CASH RETURN 12.7%


Property Overview

Cash on Cash return 12.7% 

5 Unit Retail Conversion

Initial cash on cash return 12.7%. Here's a thought... JV with us to divide the building into 5 equal retail spaces. Cash on Cash return 42% by end year 1 with 5 partners and 50% leverage.

Situated in a Booming Corridor this offering is a Perfect location for Retail in the West Valley! Buy well below replacement cost. Built in 2004 this 10,433 free standing building is a rare commodity with great access to I-10. Building has immense floor space with 16' ceilings. Loading dock area and roll up door allow easy access. Interior has an office with 2 restrooms. Rear of building is contained with an 8' Hurricane Fence and sliding gate including a parking canopy the entire length of the building. Outstanding location with over 108,447 VPD on 67th Ave & McDowell Rd.(n/s/e/w) Over 322,463 VPD on I-10 (e/w)1m North of I-10. Highly secure business location: 8' Hurricane fencing steel mesh roll up doors & windows covering, security cameras and alarm system throughout entire property. Building well maintained, roof replaced July 2012. Population of 347,698 within 5 miles. Commercial and residential being built all around location with a Possible future site of METRO Light Rail transit station. See attached demographics.

For additional details and a copy of the PRO FORMA contact: Michael Aldridge 602.762.4830 or maldridge@copperstatelending.com 

Property Details
Square Ft.10500WaterCity Sewer/ SepticCity
FuelElectricLot Size53507Year Built2004
StyleCommercial Frontage HeatingElectric ParkingGated 40 cars

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