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9050 N 19th Avenue - BMO Harris Bank, Phoenix, AZ

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9050 N 19th Avenue - BMO Harris Bank

Phoenix, AZ 85021-2910 - N Phoenix/I-17 Corr Ret Submarket

Property Type:Retail Sub Type:Bank Status:Existing Year Built:1971
Building Size:4,392 SF Land Area:.92 AC (40,075 SF)
For Sale Price:$2,820,000 Price/SF:$642.08
Cap Rate:5.00 %
Parking:Free Surface spaces are available; Ratio of 10/1,000 SF
Features:Drive Thru

Sale Notes:
The property is located on 19th Avenue, a major north-south thoroughfare in Phoenix, which is trafficked by approximately 42,000 vehicles per day. The property also benefits from its proximity to Dunlap Avenue and its 32,000 vehicles per day traffic count. The bank branch has 36 parking spaces and four drive-thru lanes.
The site lies approximately one mile east of Interstate 17, which offers direct access to downtown Phoenix. The property is across the street from a shopping center anchored by El Rancho Market, driving consistent consumer traffic. The Metrocenter Mall, anchored by Dillard's and Macy's, is located two miles from the branch.

This branch has strong demographics with a densely populated area of over 404,000 residents within a 5-mile radius.

Equity Investment Advisors
Rich Lydon
(310) 584-4540

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