MLS® ID: 5765969

4227 S Central Avenue

Phoenix, Arizona, 85040

$3,000,000 Active
  • 24663 SQFT
GROCERY ANCHORED INVESTMENT OPPORTUNITY. RARE OPPORTUNITY TO ACQUIRE RANCHO GRANDE PLAZA. A NEIGHBORHOOD STRIP CENTER LOCATED IN THE HEART OF DOWNTOWN PHOENIX.100% FULL. NET OPERATING INCOME OF $209,776.00 PER YEAR. RANCHO GRANDE MARKET THE MAJOR TENANT SINCE 1996 HAS RECENTLY SIGNED A NEW 10 YEAR LEASE. GREAT TRAFFIC FLOW. 43,000 CARS PER DAY PASS. ALL TENENTS ARE ON NNN. LEASES. REMOLDED IN 2015. PROPERTY SITS ON 2.28 ACRES. CORNER INTERSECTION OF CENTRAL AND BROADWAY. PRICED AT ONLY $123 PER SQ. FT. GREAT MONUMENTAL SIGNAGE.
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Amenities

  • Zip
    85040
  • Office name
    Arizona Estate Investors
  • SQFT
    24663
  • Property type
    Comm/Industry Sale
  • Year built
    1956
  • Sewer
    Sewer - Public
  • Heating
    Other (See Remarks)
  • Tax year
    0
  • Agent name
    D David Lee
  • Tax amount
    $ 33487.0
  • Purchase Type
    Active
  • HOA fees
    $ 0.00
  • Price Range
    $2m+
  • Square Feet Range
    7000+ sq ft.
  • Area
    Phoenix
  • Year Built Range
    1989 (and earlier)
  • Office ID
    aziv01
  • Agent ID
    dl281

Location

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