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1660 N Higley Road - Higley Marketplace - Higley Marketplace, Gilbert, AZ

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1660 N Higley Road - Higley Marketplace - Higley Marketplace

Gilbert, AZ 85234 - Superstition Corridor Submarket

(913.4 KB)

Property Type:Office Sub Type:Medical Status:Existing Year Built:2007
Stories:1 Typical Floor:7,500 SF Building Size:7,500 SF
% Leased:
For Sale Price:$3,570,033 Price/SF:$476.00
Cap Rate:5.75 %
Smallest Space:1,000 SF Largest Space:1,000 SF Total Space Avail:1,000 SF Rent/SF/Yr:
Negotiable
Parking:Free Surface spaces are available; Ratio of 7.33/1,000 SF Amenities:Air Conditioning, Bus Line, Signage


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
1,000 SF
Negotiable
Vacant
1-5 yrs
Retail
 
10558426
Marketing Flyer Marketing Flyer  
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
1,000 SF
Negotiable
Vacant
1-5 yrs
Retail
Located approximately one-half mile from US 60.

Sale Notes:
This 3 tenant building was originally built in 2007. Banner Urgent Care (Moody's AA- credit tenant) occupies 4,100 square feet (expiring in January of 2028) and provides excellent financial stability. Both of the other two tenants (Woolf Eyecare and Urgent Care Management Solutions) are healthcare related. Woolf has been in the building for 10 years. The NOI is $214,202 and the building is being offered at a 6.0 CAP. This is an ideal 1031 tax exchange property.

Located North of the Northwest corner of Higley and Baseline Roads in Gilbert Arizona. Across the street are several new and planned hotels. On the SEC of Higley and Baseline is the planned Fry's anchored shopping center.


The Kobold Group
Scott Hintze
(602) 549-4173


ORION Investment Real Estate
Michael Achtman
(480) 887-0597

Jennifer Eggert
(480) 634-6934



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