21321 E Ocotillo Rd - Office CONDO FOR SALE


Queen Creek, AZ 85142
$1,222,000 USD
480-220-2674
21321 E Ocotillo Rd, Queen Creek, AZ for Sale
$1,222,000 USD
Office CONDO - FOR SALE
1/17
null | 6% Cap Rate

21321 E Ocotillo Rd
Queen Creek, AZ 85142


HIGHLIGHTS

  • NNN Medical Investment Condo
  • Single- Tenant Asset Currently Leased to Four Corners Compounding Pharmacy
  • Immediate Proximity to Many Retail Locations/ Shopping Centers

OVERVIEW

Located at 21321 E Ocotillo Rd #108 Queen Creek, AZ 85142 south of the Loop-202 off of Rittenhouse Rd & E Ocotillo Rd. This ±2,724 SF Queen Creek Professional Village condo is easy to get to from anywhere in the valley. Within the immediate proximity of the property lies the Queen Creek Marketplace, anchored by Sprouts Farmers Market, Trader Joe's, In- N-Out Burger, and many other desirable retail amenities. The subject property is located in the heart of the quickly expanding southeast valley, allowing for many new and prominent amenities and neighborhoods nearby. Within a 15-minute drive are the Phoenix-Mesa Gateway Airport, ASU's Polytechnic Campus, and two Dignity Health hospitals as well as the Elliot Road Technology Corridor, Eastmark Industrial, and the LG Battery Facility, a recently announced fabrication facility for LG Electronics of Korea which will bring thousands of new jobs to the Queen Creek marketplace.

FOR SALE DETAILS

PRICE

$1,222,000 USD

PRICE/SF

$447 USD /SF

CAP RATE

6%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bldg 3

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

5,448 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

8.32 AC

LAND SF

362,419 SF

ZONING

C-1

APN/PARCEL ID

314-03-915

ASK ABOUT THIS PROPERTY

Justin HorwitzSVN | Desert Commercial AdvisorsMore Info
480-220-2674

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Justin HorwitzSVN | Desert Commercial AdvisorsMore Info
480-220-2674

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