2245 E McDowell Rd, Phoenix, AZ
Retail for Sale - $450,000 - 4,321 Sq. Ft. on 15246 acres
Property Info
| CIMLS# | 809220 |
| Location 2245 E McDowell Rd Phoenix AZ 85006 | |
| Updated | January 5th, 2016 |
| Type | Retail |
| Price | $450,000 |
| Building | 4,321 Sq. Ft. |
| Land | 15246 acres |
Property Description
Automotive service property for sale at $450,000. Property is leased on a month to month basis to long term tenant. Fantastic investment opportunity with 8.52% CAP rate and current NOI of $38,356. Single tenant building of 4,321 SF on large 15,246 SF lot. Property features 4 auto bays, storage yard with rolling gate. 4 lifts and compressor are included in sale.
Location Description:
Located on E McDowell Rd and N 24th Street within minutes of the Loop 202, I-10 and SR-51 Interchange. Good egress and ingress. Easy access to SR-51. Strong demographic area surrounded by 3 schools, retail and population exceeding 134,000 in 3 mile radius.
Highlights:
>> Leased Single Tenant Automotive Tire/Repair Property For Sale At $450,000
>> Fantastic Investment Opportunity with 8.52% CAP Rate and NOI of $38,356
>> 4,321 SF Building on Large 15,246 SF Lot
>> Property Features 4 Auto Bays, Storage Yard with Rolling Gate
>> 4 Lifts and Compressor are Included in Sale
>> Lease is NNN (Landlord Pays Taxes)
>> Close Proximity to Loop 202, I-10 and SR 51 Interchange with Easy Access to SR-51
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