Listed by SRS Real Estate Partners Salt Lake City, SRS Real Estate Partners Phoenix
$465,000
Multi-Tenant Building
Details
APN 409-07-083
Property Type Retail
Sub Type Storefront, Office
Square Footage 6,200
Cap Rate 9.5%
NOI $44,154
Tenancy Multi
Price per SqFt $75
Year Built 1901
Acreage 0.310
Parking Spaces 12 spaces
Parking per 1,000 SqFt 1.94
Ownership Fee Simple (Land & Building Ownership)
Retail | 9.50% CAP | 6,200 SF
Marketing description
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an multi-tenant office/retail building located in Douglas, Arizona. The property is currently 100% occupied by two tenants, Southeastern Arizona Behavioral Health Services and Lutheran Social Services of the Southwest. The property is split in two slides so each tenant has independent entrance. The property benefits from owned parking lot on site and significant street-frontage facing F Avenue. Across the street, sits the only USPS office in downtown Douglas, boosting customers traveling to the immediate trade area.
Listing Contacts
Listed by SRS Real Estate Partners Salt Lake City, SRS Real Estate Partners Phoenix
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$44,154.00
$3,679.50/mo
Valuation Metrics
0
DSCR
9.5%
Cap Rate
9.5%
ROI
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