42101 & 42105 N 41st Dr - Storefront Retail/Office FOR SALE


Phoenix, AZ 85086
$12,109,000 USD
602-369-7127
42101 & 42105 N 41st Dr, Phoenix, AZ for Sale
$12,109,000 USD
Storefront Retail/Office - FOR SALE
1/5
null | Request Cap Rate

42101 & 42105 N 41st Dr
Phoenix, AZ 85086


HIGHLIGHTS

  • Turn-key Church facility with additional rental income
  • Easy highway access at I-17 & Anthem Way
  • Rapidly growing North Phoenix market with significant new home construction
  • Close proximity to HonorHealth Sonoran Crossing Medical Center
  • High demographic area
  • Seller would like to lease back a portion of the Property post Close of Escrow

OVERVIEW

This turn-key church facility offers a rare opportunity to acquire a well-established campus with diversified income streams in a rapidly growing North Phoenix market. The property includes a chapel, offices, large lobby, café, theatre, classrooms, youth facilities, and expansive indoor and outdoor children’s play areas, along with additional rental income from F45, iSwing Indoor Golf, Starting Blocks Preschool, and The Suites on 41st. Strategically located at I-17 and Anthem Way, the property benefits from excellent visibility along I-17 (±83,874 VPD) and serves the Anthem, New River, Desert Hills, Norterra, and surrounding markets. Nearby drivers include HonorHealth Sonoran Crossing Medical Center, The Outlets at Anthem, Loop 303, and the $40B TSMC facility, with strong demographics and new residential growth supporting long-term value. The seller may consider a partial leaseback post-closing, providing added flexibility for a buyer.

FOR SALE DETAILS

PRICE

$12,109,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

The Crossroads Church

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

233

LAND DETAILS

LAND ACRES

2.27 AC

LAND SF

98,881 SF

ZONING

C-2 PCD* Z-129-06

APN/PARCEL ID

203-03-013

ASK ABOUT THIS PROPERTY

Matt LeonardLevRose Real EstateMore Info
602-369-7127

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Matt LeonardLevRose Real EstateMore Info
602-369-7127

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