16428 North 32nd Street, Phoenix, AZ
Shopping Center for Sale - $1,600,000 - 15,676 Sq. Ft. on 48787 acres
Property Info
CIMLS# | 720403 |
Location 16428 North 32nd Street Phoenix AZ 85032 | |
Updated | June 3rd, 2014 |
Type | Shopping Center |
Price | $1,600,000 |
Building | 15,676 Sq. Ft. |
Land | 48787 acres |
Property Description
This investment is an unanchored strip shopping center located south of Bell Road which is a major retail corridor. The property has very stable tenancy, with businesses that have been in occupancy for an average of 6 years. The property is currently 92% occupied, and has a new roof and updated low energy lighting.
Location Description:
1/2 mile west of the 51 freeway and 1/2 mile south of the busy Bell Road corridor. Traffic counts in excess of 19,000 vpd. I mile south of Paradise Valley Community College & Paradise Valley Golf Course. Property is located in a business corridor with dense residential properties in the area.
Highlights:
>> Solid Long-term Tenants
>> Well-Maintained and High Traffic Area
>> Assumable Financing
>> New Roof 2012 and Updated Low Energy Lighting
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Financials
Sales Info:
>> Commision split: 2.0%