Listed by Commercial Properties Inc Tempe
$2,500,000
1501 E. Apache Blvd
Details
APN 133-07-0103
Property Type Retail, Office
Sub Type Restaurant, Executive Office
Square Footage 4,950
Cap Rate 5.37%
NOI $134,400
Occupancy 100%
Tenancy Multi
Lease Type NNN
Year Built 2005
Lot Size (SqFt) 17,013
Zoning CSS
Parking Spaces 20 spaces
Parking Per SqFt 4.04
Investment Type Stabilized
Sale Condition For sale by owner
Fully-Leased Retail For Sale | Tempe, Arizona
Marketing description
Acquire a stabilized retail building strategically located at 1501 E Apache Blvd in Tempe, Arizona. This property, built in 2005, is 100% NNN leased, offering cash flow from a globally recognized, reliable tenant from day one. Situated just a half-block from a Valley Metro Light Rail stop and near Arizona State University, the site boasts excellent accessibility and visibility in a high-traffic corridor.
Location within a federally designated Opportunity Zone presents potential investors with compelling long-term tax incentives.
Investment highlights
- 1/2 Block from Light Rail Stop
- 2005 Masonry Construction
- Zoned C-G (CSS), City of Tempe
Listing Contacts
Listed by Commercial Properties Inc Tempe
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$134,400.00
$11,200.00/mo
Valuation Metrics
0
DSCR
5.38%
Cap Rate
5.38%
ROI
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