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

Sales Info:

>> Commision split: 2.5%