NNN Office Building with Cell Tower
8805 W Union Hills Dr Peoria, AZ 85382
For Sale
Contact for pricing
NNN leased office building with cell tower income included.
Property Size7,968 SF
Price / SF$238.45
Days on Market202
Property Features for 8805 W Union Hills Dr
General Information
Standard status
Active
Size
7,968 SF
Property subtype
RETAIL
Listing Agency:
Commercial Properties Inc
(480) 815-8275
Listed By:
Dallin Pace · License #BR676008000
(480) 815-8275
Source:
Moodyscre
Added: Jan 8
Changed: Jul 29
Last Checked: Jul 29 at 12:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Commercial Properties Inc
Investment Insights
Based on property information with market context.
This NNN leased investment opportunity is an office building configured to include cell tower income. The property totals 7,968 square feet.
Located at 8805 W Union Hills Dr in Peoria, AZ, the offering is described as West Valley office space in Arrowhead. The investment structure is presented as NNN leased, with cell tower income included.
For tenants or investors seeking a leased office asset with an additional cell tower income component, this property provides a straightforward structure centered on the existing lease arrangement and the incorporated cell tower income.
Located at 8805 W Union Hills Dr in Peoria, AZ, the offering is described as West Valley office space in Arrowhead. The investment structure is presented as NNN leased, with cell tower income included.
For tenants or investors seeking a leased office asset with an additional cell tower income component, this property provides a straightforward structure centered on the existing lease arrangement and the incorporated cell tower income.
Key Highlights
- NNN leased office building
- 7,968 square feet
- Cell tower income included
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $186.5k | $23.40 |
| − Vacancy | −$27.0k | −$3.39 |
| EGI | $159.4k | $20.01 |
| − OpEx | −$39.9k | −$5.00 |
| NOI | $119.6k | $15.01 |
7,968 SF · lease $23.40/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.71M
$1.49M – $1.99M
NOI $119,562 @ 7.0% cap · market cap 6.29%
Second Best
Retail
$1.58M
$1.38M – $1.84M
NOI $110,687 @ 7.0% cap · market cap 5.83%
Theoretical Best
Office A
$1.96M
$1.72M – $2.29M
NOI $137,324 @ 7.0% cap · market cap 7.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
NNN property - NNN leased office building with cell tower income included.
Where is this nnn property located?
The property is located at 8805 W Union Hills Dr Peoria, AZ.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: NNN leased office building; 7,968 square feet; Cell tower income included
