21137 Rittenhouse RdQueen Creek, AZ 85142

Property Details for 21137 Rittenhouse Rd

Year built

2008

Construction

STEEL FRAME

Lot size

1.00 AC

Property size (Sq ft)

3,261 SF

Zone code

C-2

Property type

Other commercial real estate

APN

304-66-828

APU

30466828

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $1,112,140

  Hospitality

  $1,018,715

  Educational

  $847,559

  Medical

  $876,707

  Retail

  $1,318,424

Location Insight

City

Queen Creek

County

Maricopa

State

Arizona

Latitude

33.2508

Longitude

-111.628

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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