$2,307,692
Commercial Property for Sale in Sierra Vista Arizona 85635
Sierra Vista, Arizona
Soft OfferCommercial Property for Sale in Phoenix Arizona 85033
4101 N 67th Ave, Phoenix, Arizona 85033
$1,785,000
$640 / sq ft 6.25% cap rate Listed Sep 3, 2024
2,789 sqft
Building
2,789 sqft
Lot
2022
Built
1
Stories
1
Units
Class B
Class
About this property
Commercial Property for Sale in Phoenix Arizona 85033 is a retail for sale in Phoenix, Arizona, listed at $1,785,000. Key details: year built 2022, building size 2,789 sqft, lot size 2,789 sqft, stories 1. Listed by Tim Westfall of Echo West Capital Advisors on LoopingCloud and last updated September 3, 2024.
This property offers a hands-off investment with an Absolute NNN lease, requiring no landlord responsibilities. The lease includes favorable 3% annual rent increases starting in 2026, providing higher yields over time.
Situated at a prime hard-corner location in Phoenix, the property benefits from over 90,000 vehicles passing by daily. It's surrounded by major retailers like a top-performing Walmart Supercenter, Dollar Tree, and Fry’s Marketplace, driving consistent traffic.
Located in a densely populated area with nearly 437,000 residents within a 5-mile radius, the property is positioned in one of the fastest-growing counties in the U.S. The rent is also below market, making this an attractive investment with a low entry price point in a high-demand area.
Key highlights
- Single
- Lease Type Absolute NNN
- Brand/Tenant Salsitas
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Year Built
- 2022
- Building Size
- 2,789 sqft
- Lot Size
- 2,789 sqft
- Stories
- 1
- Total Units
- 1
- Building Class
- Class B
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Net Operating Income
- $111,650
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
6.25%
Cap rate
$111,650
Net operating income
$640
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $1,785,000 | 6.25% | - | - | - |
| Purchase Only | $1,785,000 | 6.25% | - | - | - |
Features and amenities
Prominent Tenants
- Single
- Lease Type Absolute NNN
- Brand/Tenant Salsitas
Highlights
- zero landlord responsibilities making this an ideal, hands-off investment for any prospective owner.
- Offering features 3% annual rent increases starting in 2026 allowing the investor to achieve stronger yields due to above market increases.
- Salsitas is surrounded by a long list of major, high-traffic retailers including a top 10% performing Wal-Mart Supercenter in the U.S., Dollar Tree, El Super, Ace Hardware, Fry’s, and Ross Dress for Less to name a few.
Location
Address as shown by the lister.
Get directionsAbout this area - Phoenix
- Population
- 53,748
- Housing units
- 15,472
- Land area
- 6.1 sq mi
- County
- Maricopa
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Property documents
1 file to downloadLinks
1 linkFrequently asked questions
What is the asking price of Commercial Property for Sale in Phoenix Arizona 85033?
Commercial Property for Sale in Phoenix Arizona 85033 is listed at $1,785,000. That works out to about $640 per square foot. The stated cap rate is 6.25%.
Where is Commercial Property for Sale in Phoenix Arizona 85033 located?
The property is in 4101 N 67th Ave, Phoenix, Arizona 85033, Maricopa County.
What type of property is this?
This is a retail for sale in the commercial category.
How big is the property?
The building is 2,789 sqft. The lot is 2,789 sqft.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Tim Westfall of Echo West Capital Advisors listed this property. Use the Request Info button to send a message or call (602) 628-6298.
When was this listing published?
It was published on September 3, 2024 and last updated on September 3, 2024.
Listing information
- Listing ID
- CL-Arizona-11672
- Published
- Sep 3, 2024
- Last updated
- Sep 3, 2024
- Views
- 267
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Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.
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