4508 N 7th Avenue, Phoenix, AZ
Retail for Sale - $850,000 - 2,250 Sq. Ft. on 0.46 acres
Property Info
| CIMLS# | 807483 |
| Location 4508 N 7th Avenue Phoenix AZ 85013 | |
| Updated | January 20th, 2016 |
| Type | Retail |
| Price | $850,000 |
| Building | 2,250 Sq. Ft. |
| Land | 0.46 acres |
Property Description
Fully leased automotive repair property for sale at $850,000. Great investment opportunity with 8.28% CAP rate and current NOI of $70,342. Two tenant building of 2,250 SF plus outside service area with additional two canopies and several lifts. 8 lifts and 2 large canopies are included in the sale.
Location Description:
Located on 7th Avenue in the revitalized Melrose District just north of Indian School Rd and south of Camelback Rd. Within 1 Mile of Brophy and Xavier College Prepatory and Central High School. Within 2.5 Miles of 1-17 Black Canyon Fwy and SR-51 Piestewa Fwy.
Highlights:
>> 100% Leased Two Tenant Automotive Repair Property For Sale At $850,000
>> Great Investment Opportunity with 8.28% CAP Rate and NOI of $70,342
>> Each Space Comes Equipped With 4 Lifts and a Compressor Which Are Included in the Sale
>> Outside Service Area with an Additional Two Canopies
>> All Leases Are NNN (Landlord Pays Taxes)
>> Located in the Revitalized Melrose District
>> Within 2.5 Miles of the 1-17 Black Canyon Fwy and the SR-51 Piestewa Fwy
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