40815-40975 S Ironwood Dr - Retail FOR SALE


San Tan Valley, AZ 85140
$16,907,936 USD
610-469-4000
40815-40975 S Ironwood Dr, San Tan Valley, AZ for Sale
$16,907,936 USD
Retail - FOR SALE
1/18
null | 6.8% Cap Rate

40815-40975 S Ironwood Dr
San Tan Valley, AZ 85140


HIGHLIGHTS

  • Currently, 100% occupied with a mix of national and local tenants.
  • Appraised value of $16,250,000.00
  • High-performing intersection with excellent visibility
  • Annual increases in most leases
  • Below market rents and annual NOI growth provide upside
  • Stable cash flow with significant NOI growth

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

$16,907,936 USD

PRICE/SF

$430 USD /SF

CAP RATE

6.8%

% 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.