Introducing a prime commercial property offering a strategically positioned 9,600 square foot warehouse on a sprawling 1.77-acre lot plus 143 RV & Boat spaces on 1.66 acres. This property presents a unique investment opportunity with a diversified income stream and an array of valuable assets.
The building is currently home to Wyndham Vacation Resorts, occupying 62.5% of the warehouse building with a secure 30-year triple net lease, providing a stable and consistent revenue stream and Katlon Inc. who occupies the remaining 37.5% with a three-year modified gross lease, offering flexibility and potential for increased returns in the future. The collective cap rate for both the warehouse and the storage spaces is an attractive 6.08%, offering investors a solid and reliable return on investment.
Owner holds an active real estate license in the State of Arizona. Property includes two parcels. The address for the additional parcel number 117-02-012A is 5900 E Old Walnut Canyon Rd.