For Sale
$2,425,000

21137 Rittenhouse RdQueen Creek, AZ 85142

Queen Creek Retail Property - High Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional retail investment opportunity presents a 4,000 square foot property located at 21137 E Rittenhouse Rd, Queen Creek, Arizona, 85142. Built in 2008, the property sits on a substantial 43,754 square foot lot, offering ample space and potential for future development or expansion. Currently configured as a two-tenant net-leased property, this asset provides a stable income stream with a compelling 5.40% capitalization rate. The asking price is $2,425,000. This property is ideally situated in the thriving Queen Creek market within Maricopa County, offering excellent visibility and accessibility. The substantial lot size provides significant flexibility for future uses or expansion opportunities. The strong tenant occupancy and attractive cap rate make this a highly desirable investment for those seeking a stable, high-yielding retail asset in a rapidly growing Arizona market. Detailed financial information and tenant lease agreements are available upon request. This is a turnkey investment opportunity ready for immediate income generation. The property's 2008 construction ensures relatively modern facilities and reduced maintenance needs. Don't miss this chance to acquire a prime retail property in a prime location.

Highlights

  • Exceptional retail investment opportunity in Queen Creek, AZ.
  • 4,000 SF building on a 43,754 SF lot.
  • Two-tenant net-leased property with a 5.40% cap rate.
  • Asking price: $2,425,000.
  • Built in 2008.

Property Details for 21137 Rittenhouse Rd

Property type
Retail properties
Square Feet
4,000 SF
Year Built
2008

Location Insight

City
Queen Creek
County
Maricopa
State
Arizona
Latitude
33.250801
Longitude
-111.6275096
21137 Rittenhouse Rd, Queen Creek, Arizona

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21137 Rittenhouse Rd
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