3602 E McDowell Rd, Phoenix, AZ
Retail for Sale - $475,000 - 1,008 Sq. Ft. on 0.28 acres
Property Info
| CIMLS# | 809223 |
| Location 3602 E McDowell Rd Phoenix AZ 85008 | |
| Updated | November 30th, 2016 |
| Type | Retail |
| Price | $475,000 |
| Building | 1,008 Sq. Ft. |
| Land | 0.28 acres |
Property Description
Fully leased automotive tire/repair property for sale at $475,000. Fantastic investment opportunity with 9.57% CAP rate and current NOI of $45,450.04. Single tenant building of 1,008 SF. Property includes a storage yard with a rolling gate.
Location Description:
Located on E McDowell Rd and N 36th St just north of the Loop 202 Red Mountain Freeway. Close proximity to SR 143 and Sky Harbor International Airport. Surrounded by numerous multifamily housing complexes. Population exceeds 125,000 in 3 mile radius.
Highlights:
>> 100% Leased Single Tenant Automotive Tire/Repair Property For Sale At $475,000
>> Fantastic Investment Opportunity with 9.57% CAP Rate and NOI of $45,450
>> 1,008 SF Building Currently Being Used As Tire Sales and Auto Repair Shop
>> Includes 4 Auto Bays, Storage Yard with Rolling Gate
>> Lease is NNN (Landlord Pays Taxes)
>> High Density Population Exceeding 125,000 in 3 Mile Radius
>> Within Minutes of Loop 202- Red Mountain Fwy and SR-143
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