40815-40975 N Ironwood Rd - Retail FOR SALE


San Tan Valley, AZ 85140
$17,395,000 USD
610-469-4000
40815-40975 N Ironwood Rd, San Tan Valley, AZ for Sale
$17,395,000 USD
Retail - FOR SALE
1/18
null | 6.66% Cap Rate

40815-40975 N Ironwood Rd
San Tan Valley, AZ 85140


HIGHLIGHTS

  • Currently, 100% occupied with a mix of national and local tenants.
  • NNN Lease structure; weighted average Lease Term
  • High-performing intersection with excellent visibility
  • Annual increases in leases; below market rents and annual NOI growth provide upside
  • Stable cash flow with significant NOI growth
  • Shared parking lot with national tenants such as LA Fitness, Starbucks, Brakes Plus, Sherwin Williams, Banner Urgent Care and O'Reilly Auto Parts

OVERVIEW

The property is a NNN-leased shopping center offering significant upside, with approximately 80% of the asset positioned for value-add over the next five years.

FOR SALE DETAILS

PRICE

$17,395,000 USD

PRICE/SF

$443 USD /SF

CAP RATE

6.66%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

OCOTILLO TRAILS MARKETPLACE

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.55 AC

LAND SF

285,318 SF

ZONING

CB-2

APN/PARCEL ID

104-24-013H,104-24-013K

ASK ABOUT THIS PROPERTY

Emma BarrecaDiversified Partners, LLCMore Info
610-469-4000

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Emma BarrecaDiversified Partners, LLCMore Info
610-469-4000

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