1065 E Riggs Rd - Storefront Retail/Office FOR SALE


Chandler, AZ 85249
$1,650,000 USD
701-200-7691
1065 E Riggs Rd, Chandler, AZ for Sale
$1,650,000 USD
Storefront Retail/Office - FOR SALE
1/3
null | Request Cap Rate

1065 E Riggs Rd
Chandler, AZ 85249


OVERVIEW

Excellent investment opportunity on a prime, high traffic corner in Chandler, AZ. This property is leased by one of the largest operators of Anytime Fitness in the country. There are 2.5 years left on the lease with 2-5 year options. Cap Rate: 6.75% Rental Rate: 12/23-11/25 $111,262 12/25-11/27 $113,487 1st 5 year option $125,442 2nd 5 year option $144,289

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$272 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Investment Property For Sale

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,266 SF

ZONING

PAD, Chandler

APN/PARCEL ID

303-79-839

ASK ABOUT THIS PROPERTY

Matt OlsonProperty Resources GroupMore Info
701-200-7691

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Matt OlsonProperty Resources GroupMore Info
701-200-7691

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