Listed by Keller Williams Southern Arizona
$249,999
620 E American Ave
Details
Property Type Retail, Mixed Use
Sub Type Shopping Center
Square Footage 3,060
Units 20
Cap Rate 8.45%
NOI $21,125
Occupancy 100%
Tenancy Multi
Year Built 1990
Zoning C-2, Oracle, AZ
Investment Type Stabilized
Ground Lease No
Main road frontage and parking with future growth potential!
Marketing description
This 3,060 SF multi-tenant commercial building is 100% leased and generating stable income in the growing Oracle market. The property offers an excellent mix of retail and service tenants, strong frontage on E American Ave, and value-add potential through future rent growth.
Investment highlights
- 100% LEASED MULTI-TENANT BUILDING - Diverse mix of established local tenants providing in-place income.
- STABILIZED IN-PLACE INCOME - Post-COVID stabilization with 100% occupancy and new lease renewals.
- LONG-TERM HARDWARE STORE LEASE - Anchor tenant with approx. 3-4 year lease in place.
- MAIN ROAD FRONTAGE & PARKING - Excellent visibility, signage opportunities and 20 on-site parking spaces.
- FUTURE RENT GROWTH POTENTIAL - Below market rents offer opportunity for increases as leases roll.
Listing Contacts
Listed by Keller Williams Southern Arizona
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Loan Amount
$0.00
Annual Debt Service
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$--
Annual Cash Flow
$21,125.00
$1,760.42/mo
Valuation Metrics
0
DSCR
8.45%
Cap Rate
8.45%
ROI
Map
Zoning
GR MixedMixed UseGeneral Rural
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View all 12 uses
View all 12 uses Last updated Feb 4, 2026 For deeper zoning details, reports are available at Zoneomics
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