3428-3438 W Anthem Way - Freestanding FOR SALE


Anthem, AZ 85086
$8,409,458 USD
602-549-4173
3428-3438 W Anthem Way, Anthem, AZ for Sale
$8,409,458 USD
Freestanding - FOR SALE
1/6
null | 6.15% Cap Rate

3428-3438 W Anthem Way
Anthem, AZ 85086


HIGHLIGHTS

  • Multi-Tenant Net Leased Investment For Sale
  • NOI: $517,157
  • Excellent walkability - Ace Hardware Shadow Anchored Building
  • Recent Roof and Parking Lot Work Completed
  • Below Market Rents

OVERVIEW

Multi-Tenant Net Lease Investment for sale. This Ace Hardware shadow anchored center contains 12 tenants. Excellent diversified uses and several value add opportunities. With an annual rent/NOI of $517,157. Landlord has recently completed parking lot renovations. Landlord had the roof done in 2024. Excellent increases (3%) for most tenants. Average lease rate is ±$25 psf with several below market rental rates. Lease terms vary for all Tenants. The Bearded Barber tenant has a huge Speak Easy located behind the barbershop (through the closet). 1 current vacancy of 1,307 sf. NOI includes a new lease to an electric vehicle charging company.

FOR SALE DETAILS

PRICE

$8,409,458 USD

PRICE/SF

$408 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Shops at Arizona

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

210

LAND DETAILS

CROSS STREETS

N Gavilan Peak Pky

LAND ACRES

6.68 AC

LAND SF

290,981 SF

ZONING

C-2

APN/PARCEL ID

203-04-533

ASK ABOUT THIS PROPERTY

Scott HintzeZenith Property SalesMore Info
602-549-4173

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Scott HintzeZenith Property SalesMore Info
602-549-4173

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