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±11,226 SQUARE FEET
FOR SALE | SHOPPING CENTER IN PATH OF GENTRIFICATION
2919-2933 EAST MCDOWELL ROAD, PHOENIX, AZ
$770,000 (± $68.59 PSF)
7077 East Marilyn Road
Building 4, Suite 207
Scottsdale, AZ 85254
MARCO ZAZUETA, P.C., [email protected]
This document/email has been prepared by West USA Realty Commercial Division for advertising and general information only. West USA Realty Commercial Division makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. West USA Realty Commercial Division excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property West USA Realty and /or its licensor(s). © 2017. All rights reserved.
SHOPPING CENTER IN PATH OF GENTRIFICATION
SUMMARY
Address:
For Sale:
Size:
NOI:
CAP Rate:
Zoning:
Assessor Parcel Numbers:
Features:
2919-2933 East McDowell Road
$68.59 per Square Foot - ($770,000)
± 11,226 Square Feet of Building± 19,470 Square Feet of Land
$53,286
6.92%
C-3 City of Phoenix
121-74-005, 121-74-006, and 121-74-007
Close to Burgeoning Upscale Arcadia Excellent Visibility on McDowell Road Building Signage
Location: ± 4 Miles From Downtown Phoenix Close to Freeways, ±¼ Mile From I-10, ± 2 Miles from SR-51
7077 East Marilyn Road
Building 4, Suite 207
Scottsdale, AZ 85254
MARCO ZAZUETA, P.C., [email protected]
This document/email has been prepared by West USA Realty Commercial Division for advertising and general information only. West USA Realty Commercial Division makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. West USA Realty Commercial Division excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property West USA Realty and /or its licensor(s). © 2017. All rights reserved.
SHOPPING CENTER IN PATH OF GENTRIFICATION
PARCEL MAP
7077 East Marilyn Road
Building 4, Suite 207
Scottsdale, AZ 85254
MARCO ZAZUETA, P.C., [email protected]
This document/email has been prepared by West USA Realty Commercial Division for advertising and general information only. West USA Realty Commercial Division makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. West USA Realty Commercial Division excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property West USA Realty and /or its licensor(s). © 2017. All rights reserved.
SHOPPING CENTER IN PATH OF GENTRIFICATION
AERIAL MAP
7077 East Marilyn Road
Building 4, Suite 207
Scottsdale, AZ 85254
MARCO ZAZUETA, P.C., [email protected]
This document/email has been prepared by West USA Realty Commercial Division for advertising and general information only. West USA Realty Commercial Division makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. West USA Realty Commercial Division excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property West USA Realty and /or its licensor(s). © 2017. All rights reserved.
SHOPPING CENTER IN PATH OF GENTRIFICATION
AREA MAP
7077 East Marilyn Road
Building 4, Suite 207
Scottsdale, AZ 85254
MARCO ZAZUETA, P.C., [email protected]
This document/email has been prepared by West USA Realty Commercial Division for advertising and general information only. West USA Realty Commercial Division makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. West USA Realty Commercial Division excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property West USA Realty and /or its licensor(s). © 2017. All rights reserved.
SHOPPING CENTER IN PATH OF GENTRIFICATION
RENT ROLL
Tenants
Elegante Beauty Salon $ 650 on a month-to-month lease (24+ Years at location)
Flower Shop $ 650 on a month-to-month lease(2+ Yrs at location
Beer Distributor/warehouse $ 1,200 on a month-to-month lease (2+ Yrs at location)
Ricos Raspados Cuernavaca $ 650 on a month-to-month lease (3+ Yrs at location)
Photography Studio $ 850 on a one year lease ( New Tenant)
Printing Shop/Signs $ 1,233 on a 3 year lease-2 yrs left (18+ Yrs at location)
Solis Batteries $ 750 with 8 months left on lease ( 5+ Yrs at location)
TOTAL Monthly Gross Rental Income: $ 5,983
TOTAL Yearly Gross Rental Income: $71,796
7077 East Marilyn Road
Building 4, Suite 207
Scottsdale, AZ 85254
MARCO ZAZUETA, P.C., [email protected]
This document/email has been prepared by West USA Realty Commercial Division for advertising and general information only. West USA Realty Commercial Division makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. West USA Realty Commercial Division excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property West USA Realty and /or its licensor(s). © 2017. All rights reserved.
SHOPPING CENTER IN PATH OF GENTRIFICATION
INCOME AND EXPENSE ANALYSIS
TOTAL Monthly Gross Rental Income: $ 5,983
TOTAL Yearly Gross Rental Income: $71,796
EXPENSES (Annual):
$11,270$ 3,600$ 1,000 $ 1200$ 1,440
Property Taxes 2018 Year:Property Hazard/Fire Insurance: Repairs & Maintenance: Water/Sewer: Trash:
TOTAL YEARLY EXPENSES:
NOI:
CAP RATE:
$18,510
$53,286
6.92%
7077 East Marilyn Road
Building 4, Suite 207
Scottsdale, AZ 85254
MARCO ZAZUETA, P.C., [email protected]
This document/email has been prepared by West USA Realty Commercial Division for advertising and general information only. West USA Realty Commercial Division makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. West USA Realty Commercial Division excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property West USA Realty and /or its licensor(s). © 2017. All rights reserved.
SHOPPING CENTER IN PATH OF GENTRIFICATION
REGIONAL MAP
7077 East Marilyn Road
Building 4, Suite 207
Scottsdale, AZ 85254
MARCO ZAZUETA, P.C., [email protected]
This document/email has been prepared by West USA Realty Commercial Division for advertising and general information only. West USA Realty Commercial Division makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. West USA Realty Commercial Division excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property West USA Realty and /or its licensor(s). © 2017. All rights reserved.
SHOPPING CENTER IN PATH OF GENTRIFICATION
TRAFFIC MAP
7077 East Marilyn Road
Building 4, Suite 207
Scottsdale, AZ 85254
MARCO ZAZUETA, P.C., [email protected]
This document/email has been prepared by West USA Realty Commercial Division for advertising and general information only. West USA Realty Commercial Division makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. West USA Realty Commercial Division excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property West USA Realty and /or its licensor(s). © 2017. All rights reserved.
SHOPPING CENTER IN PATH OF GENTRIFICATION
DEMOGRAPHICS
7077 East Marilyn Road
Building 4, Suite 207
Scottsdale, AZ 85254
MARCO ZAZUETA, P.C., [email protected]
This document/email has been prepared by West USA Realty Commercial Division for advertising and general information only. West USA Realty Commercial Division makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. West USA Realty Commercial Division excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property West USA Realty and /or its licensor(s). © 2017. All rights reserved.
