835 43Rd AvePhoenix, AZ 85009

Property Details for 835 43Rd Ave

Year built

2006

Construction

CONCRETE

Lot size

1.34 AC

Property size (Sq ft)

12,440 SF

Zone code

C-2

Property type

Retail properties

Property subtype

Strip malls

APN

106-02-024

APU

10602024

Description

This exceptional 12,530 square foot property, located at 835 N 43rd Ave in Phoenix, Arizona (zip code 85009), presents a unique investment opportunity. Currently configured as a retail and office space, this multi-tenant building offers a blend of uses within the vibrant West Phoenix/Maryvale Ret submarket of Maricopa County. The property features a total of one suite, with 2,400 square feet currently available for lease. This sizable vacant space provides significant potential for a variety of businesses seeking a prominent location in a bustling area. The existing building's layout is adaptable, making it suitable for a range of retail or executive office uses. The property's strategic location in West Phoenix offers excellent visibility and accessibility, making it an attractive option for businesses seeking high foot traffic and convenient access for clients and employees. This is an ideal opportunity to establish or expand your business in a thriving commercial corridor. The property's size and flexibility make it a versatile option for various business needs. Serious inquiries are encouraged to explore the possibilities this prime location offers. Contact us today to schedule a viewing and discuss your business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $2,845,549

  6.5%

  $2,626,660

  7%

  $2,439,042

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,832,418

  Geo Method

  $4,832,418

• Alternative Use

  Use

  Valuation

  Residential

  $2,215,686

  Hospitality

  $2,029,557

  Educational

  $1,688,568

  Medical

  $1,746,640

  Retail

  $2,626,660

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.4573

Longitude

-112.151

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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