300 S Phelps Dr - Freestanding FOR SALE


Apache Junction, AZ 85120
$3,570,000 USD
813-210-7741
300 S Phelps Dr, Apache Junction, AZ for Sale
$3,570,000 USD
Freestanding - FOR SALE
1/8
null | 6% Cap Rate

300 S Phelps Dr
Apache Junction, AZ 85120


HIGHLIGHTS

  • 10 Years Remaining on Original 15 Year Lease
  • Remodeled to Tenants Specifications in 2020
  • Total Hard Cost of Renovation Over $800,000 Including New Roof, HVAC and Parking Lot
  • Tenant Improvement Contribution over $150,000
  • Annual 2.5% Rental Increases
  • Strategically Located Offering Access to Underserved Populations | Market Leading Provider for Value-Based Primary Care

FOR SALE DETAILS

PRICE

$3,570,000 USD

PRICE/SF

$590 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Village Medical

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.45 AC

LAND SF

63,162 SF

ZONING

CB-2 Apache Junction

APN/PARCEL ID

101-14-001V

ASK ABOUT THIS PROPERTY

Christopher BiusoMarcus & MillichapMore Info
813-210-7741

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Christopher BiusoMarcus & MillichapMore Info
813-210-7741

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