4325 S 48th St - Storefront FOR SALE


Tempe, AZ 85282- West Tempe
$1,950,000 USD
602-319-1326
4325 S 48th St, Tempe, AZ for Sale
$1,950,000 USD
Storefront - FOR SALE
1/4
null | 6.83% Cap Rate

4325 S 48th St
Tempe, AZ 85282
West Tempe


HIGHLIGHTS

  • Small suites that are in high demand
  • Dense Tempe infill location
  • Proximity to major highways
  • Fully fire sprinkled
  • 100% leased with upside due to low rents

OVERVIEW

The Vineyard Plaza at 4325 S 48th Street is a fully occupied strip center in the thriving Tempe submarket. Tenants are paying rents averaging 22% below market, presenting strong value-add potential and future rent growth. Offered well below replacement cost at a 7% in-place cap rate, this multi-tenant center is surrounded by new developments and offers easy access to the 60, 10, and 143 Highways. Contact Reuben to learn more about this opportunity.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$202 USD /SF

CAP RATE

6.83%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Vineyard Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

CSS, Tempe

APN/PARCEL ID

123-27-354

ASK ABOUT THIS PROPERTY

Reuben NachROI Properties, LLCMore Info
602-319-1326

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Reuben NachROI Properties, LLCMore Info
602-319-1326

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