Property Listing No Longer Available for Sale

600 E Fry Boulevard, Sierra Vista, AZ

Others for Sale - $449,000 - 0.45 acres


Property Info

CIMLS#1009144
Location
  600 E Fry Boulevard
  Sierra Vista AZ 85635
UpdatedOctober 9th, 2018
TypeOthers
Price$449,000
Land0.45 acres

Property Description

An Opportunity to Acquire a Stabilized Multi-Tenant Retail Asset in Sierra Vista, AZ. Strategically developed on the northwest corner of Fry Blvd and 5th St, the Shade Center is home to a balanced mix of tenants and 100% occupied. A strong demographic foundation in conjunction with well-known national and regional users in the immediate trade area make this center an attractive opportunity now, and looking into the future. Average household income in Sierra Vista exceed $55,000 and a medium age of 40. This retail center is a strong mixture of tenants providing an array of offerings. The building consists of +/- 10,032 SF of retail space with small portion including bay space. There is also a large monument sign with high visibility on Fry Blvd. Shade Plaza is uniquely positioned within a trade area with pent-up demand for retail space. Demand for space, along with below market rents, should contribute to dynamic income growth for the prospective investor.


Financials