2916 N 40th St, Phoenix, AZ
Retail for Sale - 3,200 Sq. Ft. on 0.29 acres
Property Info
CIMLS# | 770547 |
Location 2916 N 40th St Phoenix AZ 85018 | |
Updated | December 28th, 2017 |
Type | Retail |
Price | Upon Request |
Building | 3,200 Sq. Ft. |
Land | 0.29 acres |
Property Description
Fully-Leased Neighborhood Retail Center situated along 40th Street; a north-south thoroughfare running through the Arcadia area of Phoenix, Arizona. Numerous re-development projects (commercial, multi-family and single- family) are in the immediate vicinity of property. This retail center is near numerous Valley hotspots, including: The Vig, La Grande Orange, Postino' s Wine Bar, North Arcadia and Chelsea' s Kitchen.
A Restaurant license is in place and building is fully operational to run as a restaurant; grease trap, hood, 3 sinks, water heater, 5-ton air conditioner (3 years old), 22 Parking spaces. Brand new bay windows and doors and new flooring. Restaurant Kitchen + partial remodeling worth $75,000. One mop sink + 2 floor sinks on both sides.
Building has 3 suites and 3 Tenants - Bike shop, Restaurant Commissary, and Metro PCS.
Location Description:
40th Street & Thomas. The property is located in a desirable, residential neighborhood, one-half mile south of Indian School road along 40th Street. Easy access to the Biltmore area, Camelback Corridor, and valley freeway system.
Highlights:
>> High Visibility
>> High Traffic Counts
>> Potential Restaurant Location
>> Potential Drive-Thru
>> Down the Street from LGO, the Vig and Other Valley Hot Spots
>> Located just south of a 55-lot high-end residential community Arcadia Glen
>> Large Billboard Visible from Thomas Road
>> 25 Parking Spaces
* Email for additional photos
Financials
Sales Info:
>> Commision split: 2.5%