321 W Hatcher Road

    Phoenix, AZ 85021
    • $1,100,000
    • STATUS: Active
    • ON SITE: 55 days
    • MLS #: 6060659
    UPDATED: 13 min ago
    $1,100,000
    • 0
      BEDS
    • 1.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,093
      SQFT
    • $73
      $/SQFT
    Type:
    Commercial
    Built:
    1987
    County:
    Area:

    School Ratings & Info

    Description

    15k+ sq ft Commercial Strip Mall with 44+ parking spaces in North Phoenix - 100% Rented - 7.5% CAP rate on actual numbers! Only $72.88/sq ft . Owner has spent 120k the past 3 years on repairs and renovations. All the hard work of remodeling and renting has been done. Just sit back and collect rents!

    Monthly Payment Calculator



    © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Keller Williams Biltmore Partners - Lifestyle Partners Team. Data last updated 2020-05-28T21:12:18.22.
    www.melindamurphy.com/homes/104768375

    321 W Hatcher Road Phoenix, AZ 85021

    • Price: $1,100,000
    • Status: Active
    • Updated: 13 min ago
    • MLS #: 6060659
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.09
    Acres
    15,093
    SQFT
    $73
    $/SQFT
    1987
    Built
    County:
    Maricopa
    Area:
    Phoenix
    Property Description
    15k+ sq ft Commercial Strip Mall with 44+ parking spaces in North Phoenix - 100% Rented - 7.5% CAP rate on actual numbers! Only $72.88/sq ft . Owner has spent 120k the past 3 years on repairs and renovations. All the hard work of remodeling and renting has been done. Just sit back and collect rents!
    Exterior Features

    Construction Frame - WoodStucco Covered Parking Spaces 0.00 Fencing Partial Parking FreePaved Parking Roofing Tile Stories 2 Stories Total Parking Spaces 45.00 Uncovered Parking Spaces 45.00

    Interior Features

    Ceiling Height 8.1 Feet To 10 Feet Cooling Central A/C Flooring Concrete Heating Electric Interior Features Finished

    Property Features

    Adjusted Gross Inc 141804.00 Annual Elec Exp 10800.00 Annual Gas Exp 0.00 Annual Ins Exp 4296.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 3000.00 Annual Legal And Acctg 0.00 Annual Maint Exp 10800.00 Annual Mgmt Exp 0.00 Annual Other Expense 10188.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 3000.00 Annual Wtr Swr Exp 3876.00 Building Type Office Cross Street Dunlap X Central Current Use Mixed Use Electric Aps Gas None Gross Annual Sch Inc 141804.00 Hoa Fee 0.00 Hoa YN No Loading Facilities None Lot Number 00 Net Operating Income 82968.00 Operating Exp 58840.00 Other Income 0.00 Ownership Leasehold Pad Fee 0.00 Sewer Sewer - Public Source Of Financial Data Other (See Remarks) Taxes 12880.00 Vacancy Allowance 0.00 Water City Franchise Zoning C2

    Listing courtesy of Crossroads Brokerage.


    © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Keller Williams Biltmore Partners - Lifestyle Partners Team. Data last updated 2020-05-28T21:12:18.22.
     
    Keller Williams Biltmore Partners - Lifestyle Partners Team
    2920 E Camelback Rd
    Phoenix AZ, 85016