Description
Calling all 1031 exchange investors! Fully leased NNN 7% CAP investment opportunity with a recession-proof and 'essential business' medical dispensary as the anchor. Prime location along the busy Switzer Canyon corridor featuring new medical and residential development. Long term leases with newer improvements to the building including new roof less than 5 years old, sewer lines, and individual leasehold improvements. Lots of surface parking spaces on a nearly 3/4 acre lot. With new medical facilities underway across the street in addition to continued residential growth in the area and true investment properties being harder to come by, this property demands pursuit.
-
0BEDS
-
0.69ACRES
-
0BATHS
-
01/2 BATHS
-
10,000SQFT
-
$230$/SQFT
School Ratings & Info
Description
Calling all 1031 exchange investors! Fully leased NNN 7% CAP investment opportunity with a recession-proof and 'essential business' medical dispensary as the anchor. Prime location along the busy Switzer Canyon corridor featuring new medical and residential development. Long term leases with newer improvements to the building including new roof less than 5 years old, sewer lines, and individual leasehold improvements. Lots of surface parking spaces on a nearly 3/4 acre lot. With new medical facilities underway across the street in addition to continued residential growth in the area and true investment properties being harder to come by, this property demands pursuit.
© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than AZ Power Team | RE/MAX Results. Data last updated 2021-01-18T20:11:59.653.