Sarder Building STE 1 - LoopNet...Monument sign and great 178 of frontage on Southern. GREAT...
Transcript of Sarder Building STE 1 - LoopNet...Monument sign and great 178 of frontage on Southern. GREAT...
432 E Southern Ave, Phoenix, AZ 85040
Sarder Building STE 1
Monument sign and great 178 of frontage on Southern. GREAT frontage on Southern Ave of almost178' Currently tenants in all suites except STE 1 set up as a 2200 sq ft dental office but use can bemodified, as well. All tenants are month-to-month giving a buyer flexibility to use enture building orcombine suites for a large space, etc. Building features ample parking. The building-face has a signageopportunity and is centrally located in the evolving South Phoenix community, within a mixed residential& retail hub. Only half-mile from Foothill Center, at Central and Southern. Tenants include retail storessuch as Osco Drug, Phoenix Ranch Market, and H & R Block, a financial service company. On average22,000 vehicles on Southern between Central and 7th St. during a 24-hour period. The property isimmediately south of Interstate 10 & Phoenix Sky Harbor Airport. Zoned C-1 Neighborhood Commercial,and it is also within the South Phoenix Village and Target Area B Design Overlay District.
Price: $975,000
Lots of homes in the area and not a lot of services
Growing city evolving this submarket
Month-to month tenants
Southern frontage
View the full listing here: https://www.loopnet.com/Listing/432-E-Southern-Ave-Phoenix-AZ/14136887/
Price: $975,000
Property Type: Retail
Property Sub-type: Storefront Retail/Office
Building Class: C
Sale Type: Investment
Cap Rate: 7.04%
Lot Size: 0.72 AC
Gross Leasable Area: 8,853 SF
No. Stories: 1
Year Built: 1967
Tenancy: Multiple
Parking Ratio: 5/1,000 SF
Clear Ceiling Height: 12 FT
No. Dock-HighDoors/Loading:
1
Zoning Description: C-1, Phoenix
432 E Southern Ave, Phoenix, AZ 85040
Property Details
Sarder Building STE 1
Major Tenant Information
Tenant SF Occupied Lease ExpiredDentist Suite CurrentlyVacant
2,200 January 2019
Le Barber Shop 1,000 January 2019
Nails 1,400 December 2018
No Occ 1,100 December 2018
Tooties clothing shoes 2,500 January 2019
432 E Southern Ave, Phoenix, AZ 85040
Sarder Building STE 1
432 E Southern Ave, Phoenix, AZ 85040
Location
Sarder Building STE 1
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432 E Southern Ave, Phoenix, AZ 85040
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Sarder Building STE 1
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432 E Southern Ave, Phoenix, AZ 85040
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Sarder Building STE 1
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432 E Southern Ave, Phoenix, AZ 85040
Property Photos
Sarder Building STE 1
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432 E Southern Ave, Phoenix, AZ 85040
Property Photos
Sarder Building STE 1
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432 E Southern Ave, Phoenix, AZ 85040
Property Photos
Sarder Building STE 1