8805 W Union Hills Dr, Bldg B, Peoria AZ 85382

Venture Professional Plaza - Building B

Office Sold - AZ

OFFERING SUMMARY

• 8805 W Union Hills Dr, Bldg B, Peoria AZ 85382
• Year Built:  1996
• Building Size:  7,968 sq ft
• Property Name:  Venture Professional Plaza
• Sold Price: $1,275,000.00
• Price PSF: $160.02
• Sold Date:  7/26/2019
• Cap Rate:  8.6%
• NOI: $110,566.00
• Land Size:  0.92 acres
• Property Type:  Multi-Tenant Office Building
• Type:  Investment
• Zoning:  C2
• Parcel #:  200-43-634
• Parking Ratio:  7.00/1,000 SF

Venture Professional Plaza is a two story, upscale building in west valley Arrowhead area. This multi-tenant office building is located along Union Hills Drive just west of the Loop 101 with close proximity to Arrowhead Towne Center Shopping and restaurants.

Commercial Multi-Tenant Office Building, includes Pad with Frontage on Union Hills Drive for Potential Build to Suit. Seven (7) Tenants + Cell Tower.

About ICRE Investment Team

ICRE Investment Team is an investment team within Commercial Properties Inc. that specializes in office, retail, medical, industrial and investment properties in Phoenix Arizona. We provide a complete range of real estate services to commercial property owners, companies, banks, commercial loan servicers, and investors seeking the highest quality of service, proven expertise, and a total commitment to client-focused relationships. Through our intensive focus on our clients’ business goals, our commitment to the community, and our highly personal approach to client service, ICRE Investment Team is creating a new culture and a higher standard. We go well beyond helping with property transactions and serve as a strategic partner invested in your long term growth and success.