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R.O.I. PROPERTIES
2001 E Campbell Ave | Suite 202 | Phoenix, AZ 85016T: 602.319.1326 | F: 602.522.2014
BETH JO ZEITZER JASON BUTLER BLAKE MALLERY
602.319.1326 602.390.0361 [email protected] [email protected] [email protected]
2019 R.O.I. Properties, LLC. All rights reserved. No warranty or representation, expressed or implied, is made to the accuracy of the information contained herein. Prices and availability subject to change without notice. www.roiproperties.com
OFFERING SUMMARY
Sale Price: $890,000
Price / SF: $126.42
Net Rentable Area 7,040
Land Area: 0.49 Acres
Year Built: 1973
Zoning: C-2
2018 Taxes: $9,161.68
APN's 117-16-069, 072, 070
Fully leased retail building in the redeveloping Miracle Mile. Property features two long-term tenants with valuablefrontage on McDowell Road, just a few blocks west of SR-51. The two tenants are Karamba (a night club) who has occupiedtheir space since 2001, and Brass Monkey Bike Shop. The property also includes a parcel behind the building used foradditional parking.
PROPERTY OVERVIEW
PROPERTY HIGHLIGHTS
• Located on the redeveloping Miracle Mile
• CAP Rate of 7.68%
• Long Term Tenants on NNN Leases
• 19 Parking Spaces
• Traffic Count - 32,800 VPD
F O R S A L E
1720-1724 E. MCDOWELL RD., PHOENIX, AZ 85006
FULLY LEASED RETAIL INVESTMENT OPPORTUNITY
R.O.I. PROPERTIES
2001 E Campbell Ave | Suite 202 | Phoenix, AZ 85016T: 602.319.1326 | F: 602.522.2014
BETH JO ZEITZER JASON BUTLER BLAKE MALLERY
602.319.1326 602.390.0361 [email protected] [email protected] [email protected]
2019 R.O.I. Properties, LLC. All rights reserved. No warranty or representation, expressed or implied, is made to the accuracy of the information contained herein. Prices and availability subject to change without notice. www.roiproperties.com
F O R S A L E
1720-1724 E. MCDOWELL RD., PHOENIX, AZ 85006
CURRENTLY OCCUPIED BY NIGHT CLUB AND BICYCLE STORE
R.O.I. PROPERTIES
2001 E Campbell Ave | Suite 202 | Phoenix, AZ 85016T: 602.319.1326 | F: 602.522.2014
BETH JO ZEITZER JASON BUTLER BLAKE MALLERY
602.319.1326 602.390.0361 [email protected] [email protected] [email protected]
2019 R.O.I. Properties, LLC. All rights reserved. No warranty or representation, expressed or implied, is made to the accuracy of the information contained herein. Prices and availability subject to change without notice. www.roiproperties.com
F O R S A L E
1720-1724 E. MCDOWELL RD., PHOENIX, AZ 85006
THREE PARCELS ALLOW FOR ADDITIONAL PARKING
R.O.I. PROPERTIES
2001 E Campbell Ave | Suite 202 | Phoenix, AZ 85016T: 602.319.1326 | F: 602.522.2014
BETH JO ZEITZER JASON BUTLER BLAKE MALLERY
602.319.1326 602.390.0361 [email protected] [email protected] [email protected]
2019 R.O.I. Properties, LLC. All rights reserved. No warranty or representation, expressed or implied, is made to the accuracy of the information contained herein. Prices and availability subject to change without notice. www.roiproperties.com
F O R S A L E
1720-1724 E. MCDOWELL RD., PHOENIX, AZ 85006
LOCATED IN REDEVELOPING MIRACLE MILE
