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213 Monroe Ave

2,450 SF Office Building Buckeye, AZ 85326 $981,009 CAD ($400 CAD/SF) 7.20% Cap Rate

Investment Highlights

  • Rare abundance of parking and great signage in Heart of Downtown Buckeye

Executive Summary

Tenant just signed a new 5 year lease in May 2019.
Year 1 NOI $48,996 with 3 % annual increases
7.2% CAP

Property Facts

Sale Type
Investment
Sale Conditions
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
2,450 SF
Building Class
B
Year Built/Renovated
1945/2019
Price
$981,009 CAD
Price Per SF
$400 CAD
Cap Rate
7.20%
NOI
$70,631 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,450 SF
Building FAR
0.30
Lot Size
0.19 AC
Zoning
C-C - Commercial
Parking
42 Spaces (17.14 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
400-27-036
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$37,260 CAD
  • Listing ID: 25358744

  • Date on Market: 2019-06-10

  • Last Updated:

  • Address: 213 Monroe Ave, Buckeye, AZ 85326

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