7102 N 35th Ave. Phoenix, AZ 85051

7102 N 35th Ave. Phoenix, Arizona 85051

Retail Sold - Arizona

OFFERING SUMMARY

• 7102 N 35th Ave Phoenix, AZ 85051
• NWC of Glendale Ave & 35th Ave
• Sold Price $1,250,000
• Cap Rate 6.87%
• NOI 85,930
• Year Built: 1974
• Building Size: 9,000 sq ft
• Site Size 0.89 AC
• Parking Ratio 5.1/1000 SF
• New Parking Lot 2020
• Occupancy 88%
• Parcel Number 151-20-055A
• Zoning PSC, City of Phoenix
• Frontage N 35th Ave
• Type: Investment

ICRE Investment Team is proud to have listed this investment property for sale.  This asset was 88% occupied at time of sale  with  only (1) vacancy.  This is a 9,000 square foot multi-tenant free-standing structure built on approximately 0.89 acres in Phoenix, Arizona and sold on June 14, 2021 for $1,250,000.    Its excellent location is minutes from the I-17 and US-60 Freeways.  nearby tenants include Food City, CVS Pharmacy, Wells Fargo, Little Caesars Pizza, T-Mobile and more. 

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.