3328 N Litchfield Rd - Freestanding FOR SALE


Goodyear, AZ 85395- Palm Valley
$2,675,000 USD
415-518-8060
3328 N Litchfield Rd, Goodyear, AZ for Sale
$2,675,000 USD
Freestanding - FOR SALE
1/4
null | 6.25% Cap Rate

3328 N Litchfield Rd
Goodyear, AZ 85395
Palm Valley


HIGHLIGHTS

  • TOP GOODYEAR AZ RETAIL LOCATION
  • HIGH DEMAND 6,060 SF BUILDING IN PALM VALLY MARKETPLACE
  • TRIPLE NET LEASE WITH 3% ANNUAL RENT INCREASES
  • MULTI-SITE HEALTHCARE PROVIDER
  • PRICED AT A 6.25% INITIAL CAP RATE
  • TRANSFERABLE ROOF WARRANTY

OVERVIEW

MBI Goodyear is a single tenant investment property with a long term lease from health provider MBI Industrial Medicine. Our lease guaranty includes all Arizona locations. The property consists of a freestanding 6,060 sf retail building on an out parcel in the Palm Valley Marketplace Shopping Center (Safeway Supermarket, Wells Fargo, Whataburger) The corporate net lease runs through September 2033 and calls for annual three percent rent increases. The tenant reimburses ownership for property taxes, insurance, CAMs and AZ privilege tax. Landlord is responsible for structure and roof. The roof has just been resealed and will be sold with a 10 year manufacturer's warranty. The exterior of the building has recently been painted.

FOR SALE DETAILS

PRICE

$2,675,000 USD

PRICE/SF

$441 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

MBI Industrial Medicine

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

PAD, Goodyear

APN/PARCEL ID

501-70-953

ASK ABOUT THIS PROPERTY

Barry SilverThe Silver GroupMore Info
415-518-8060

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Barry SilverThe Silver GroupMore Info
415-518-8060

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.