Wenden Country Market 70932 Highway 60
11,421 SF 78% Leased Retail Building Wenden, AZ 85357 $1,206,035 CAD ($105.60 CAD/SF) 16.75% Cap Rate
INVESTMENT HIGHLIGHTS
- 2005 Triple Wide on Property for Residence
- Three detached individual units could be made into casitas.
- There are a total of 9 buildings on the property including a strip shopping center with a laundromat, grocery store, hardware store, and cafe
- All of this within 35 miles of Alamo Lake State Park. Sale to include all inventory, fixtures, lottery and liquor license
EXECUTIVE SUMMARY
Dramatic Price Reduction - Motivated Seller! Seller will consider a Seller Carryback with $650,000 downpayment.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
11,421 SF
Year Built
1965
Price
$1,206,035 CAD
Price Per SF
$105.60 CAD
Cap Rate
16.75%
NOI
$202,057 CAD
Percent Leased
78%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
2.75 AC
Opportunity Zone
Yes
Zoning
C2 & MHS - Parcels 157G is zoned C-2 (Commercial). Parcel 157F is Multi Use (both C-2 and MHS). Parcel 158B is MHS. Parcel 157C is C-2 (Commercial).
Parking
12 Spaces (1.05 Spaces per 1,000 SF Leased)
AMENITIES
- Restaurant
- Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $673,168 CAD |
CONTACT
-
Lori Horcos - Arizona Legends Realty
