Property Listing No Longer Available for Sale

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
UpdatedJune 3rd, 2014
TypeShopping Center
Price$1,600,000
Building15,676 Sq. Ft.
Land48787 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

* Email for additional photos


Financials

Sales Info:

>> Commision split: 2.0%