Property Listing No Longer Available for Sale

6348 N 27th Ave, Phoenix, AZ

Retail for Sale - $950,000 - 8,120 Sq. Ft. on 0.87 acres


Property Info

CIMLS#807439
Location
  6348 N 27th Ave
  Phoenix AZ 85017
UpdatedNovember 25th, 2016
TypeRetail
Price$950,000
Building8,120 Sq. Ft.
Land0.87 acres

Property Description

Fully leased multi-tenant automotive repair property for sale at $950,000. Great investment opportunity with 9.91% CAP rate and current NOI of 94,147.20. Three tenant building and 100% leased. Two parcels of approximately 37,738 SF (.87 acres)

Location Description:

Located on N 27th Avenue close to I-17 Black Canyon Freeway. Freeway access on Glendale Ave and Bethany Home Rd less than 1 mile from property. Adjacent to SS Simon and Jude Catholic School, large self-storage facility and multi-family housing and RV Park. Population exceeds 200,000 in 3 mile radius.

Highlights:

>> 100% Leased Multi-Tenant Automotive Repair Property For Sale At $950,000

>> Great Investment Opportunity with 9.91% CAP Rate and NOI of $94,147.20

>> Three Tenant Building of 8,120 SF

>> All Spaces Are Equipped With Lifts and Compressors Which are Included in the Sale

>> Includes Two Parcels of Approximately 37,738 SF (.87 Acres)

>> Population exceeds 200,000 in 3 mile radius

>> Right Off 1-17 Black Canyon Freeway with Exits Less Than 1 Mile on Glendale Ave and Bethany Home Rd

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Financials

Sales Info:

>> Cap rate: 9.91%

>> NOI: $94147