Listed by Phoenix West Commercial LLC
$690,000
Western Avenue Professional Plaza
Details
APN 500-17-086 & 500-17-088
Property Type Office, Retail
Sub Type Shopping Center
Square Footage 5,165
Units 6
Occupancy 95%
Tenancy Multi
Lease Type Modified
Price per SqFt $213
Broker Co-Op Yes
Class C
Year Built 1973
Year Renovated 2010
Buildings 2
Stories 1
Lot Size (SqFt) 14,040
Zoning OTAB
Parking Spaces spaces
Investment Type Value Add
Ownership Fee Simple
Investment property with upside in the center of Old Town Avondale
Marketing description
The Property Is Located at 320 - 328 East Western Avenue, in the City of Avondale, Zip Code 85323 County of Maricopa, State of Arizona, and Further Described as Western Avenue Professional Plaza. The Lot Is Approximately 14,040 Square Feet, and the Total Square Feet of Building Size Is 5165 Square Feet. The Dental Office Has a 5 Year Lease Agreement, Terminates 10/31/24. The Other Tenants Are on a Month to Month Lease, and Would Love to Stay
Investment highlights
- Property Owned for Several Generations
- Tenants Have Been in Place for 5 to 25 Years
- Buyer Will Have Opportunity to Improve Property Cosmetically to Increase Rental Rates
- All Tenants Are Doing Well and Paying Rent
- In Old Town Avondale Business District; Revitalization Area
Listing Contacts
Listed by Phoenix West Commercial LLC
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