2430 Apache TrlApache Junction, AZ 85120

For Sale
$3,419,000
12,300 SF Multi-Tenant NNN Investment

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 12,300-square-foot retail storefront in Apache Junction, Arizona, presents a compelling investment opportunity. Built in 2006 and renovated in 2023, this single-story building boasts modern architecture and sits on a 1.53-acre lot with ample parking (40 spaces). Currently 100% occupied by five tenants, the property generates a strong net operating income (NOI) of $213,440, yielding a 6.20% capitalization rate. The asking price is $3,419,000, translating to $284.15 per square foot. Strategically located on West Apache Trail, a major thoroughfare connecting Apache Junction to Mesa, Gilbert, Queen Creek, and Tempe, the property benefits from high visibility and convenient access. Its proximity to US-60 and Loop 202 freeways, along with nearby major retailers like Fry's and Walmart, further enhances its appeal. The property's Net Lease (NNN) structure minimizes landlord responsibilities, making it an attractive, low-maintenance investment. Platinum Dermatology, a significant anchor tenant with a substantial presence in the sunbelt states, contributes significantly to the property's stable occupancy and income stream. This multi-tenant retail investment offers a blend of strong financial performance and prime location, making it an ideal addition to any portfolio. The property's APN is 101-05-138A and the zip code is 85120.

Highlights

  • Asking Price: $3,495,000
  • Price per Square Foot: $284.15
  • Cap Rate: 6.2%
  • Net Operating Income (NOI): $213,545
  • Sale Type: Investment Sale
  • Property Status: Active

Property Details for 2430 Apache Trl

Property type
Retail properties, Retail space
Square Feet
12,300 SF
Year Built/Renovated
2006/2023
Buildings
1
Stories
1
Lot Size (sq. ft)
66,647 SF

Location Insight

City
Apache Junction
County
Pinal
State
Arizona
Latitude
33.41577461
Longitude
-111.5720387
2430 Apache Trl, Apache Junction, Arizona

FAQs

What type of property is this?
Retail property - 12,300 SF Multi-Tenant NNN Investment
Where is the retail property located?
The property is located at 2430 Apache Trl Apache Junction, AZ.
What is the asking price?
The asking price for this property is $3,419,000.
What are key features of this property?
This property features: Asking Price: $3,495,000; Price per Square Foot: $284.15; Cap Rate: 6.2%
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2430 Apache Trl
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