Apache Trail Marketplace 2430 W Apache Trl 12,300 SF 100% Leased Retail Building Apache Junction, AZ 85120 $4,771,556 CAD ($387.93 CAD/SF) 6.34% Cap Rate

INVESTMENT HIGHLIGHTS

  • East Valley location
  • Prime retail investment
  • 100% occupancy
  • High-traffic area

EXECUTIVE SUMMARY

Multi-Tenant NNN Leased Medical Office & Retail Building. Platinum Dermatology is the anchor tenant and has 129 locations throughout the sunbelt states.
Commercial Properties, Inc., is pleased to offer for sale 2430 W Apache Trail, a 12,380 SF Medical Office/Retail Building in Apache Junction, AZ. Built in 2006, the building consists of 5 tenants. The property is positioned along West Apache Trail, which is a highly traveled roadway linking the city of Apache Junction to other Arizona submarkets including, Mesa, Gilbert, Queen Creek and Tempe. Located approximately 2.5 miles North of US-60 Freeway and approximately 4.5 miles East of the Loop 202 Superstition Freeway. This multi-tenant investment offers modern architecture and all the perks of a new build. The center is positioned minutes away from other major retailers such as the Fry’s Anchored Shopping Center at Old West Marketplace, and directly across the street from a Walmart Supercenter.

FINANCIAL SUMMARY (PRO FORMA - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $297,877 $24.22

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,300 SF
Building Class
B
Year Built
2006
Price
$4,771,556 CAD
Price Per SF
$387.93 CAD
Cap Rate
6.34%
NOI
$302,347 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
1.53 AC
Zoning
PAD - PAD
Parking
72 Spaces (5.85 Spaces per 1,000 SF Leased)
Frontage
185’ on Apache Trail

AMENITIES

  • Signage

NEARBY MAJOR RETAILERS

Starbucks
Planet Fitness
Safeway
U.S. Bank
Bank of America
Chase Bank
Dutch Bros. Coffee

PROPERTY TAXES

  • Listing ID: 31726512

  • Date on Market: 2024-05-07

  • Last Updated:

  • Address: 2430 W Apache Trl, Apache Junction, AZ 85120