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1738 E Thomas Road, Phoenix, AZ

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1738 E Thomas Road

E Thomas Rd & E of N 16th St
Phoenix, AZ 85016 - Downtown Phoenix Ret Submarket

Property Type:Retail Sub Type:Auto Repair Status:Existing Year Built:1945
Building Size:3,110 SF Land Area:.19 AC (8,407 SF)
For Sale Price:$400,000 Price/SF:$128.62
Cap Rate:8.48 %
Parking:3 Surface spaces are available; Ratio of 1.13/1,000 SF

Auto Repair Shop located East of 16th St. and Thomas Rd. This property includes 5 bay, 5 lifts and compressor. 35000+ traffic count.

Sale Notes:
» Available For Sale at $400,000
» Excellent Cap Rate of $8.48% and NOI of $33,900/yr.
» 3 Year Lease Until 1/31/2019
» Property Features: 5 Bays, 5 Lifts and Compressor, Small Office and Fenced Yard
» Monument Signage Available
» Excellent Visibility with E Thomas Frontage and Adjacent to Phoenix Children's Hospital and Arizona Heart Hospital
» Within Minutes Access of SR-51

COBE Real Estate
Steven Beck
(480) 610-2400

Brad Broyles
(480) 610-2400

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