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927 Hatcher Rd Phoenix, AZ 85021

Sponsored
For Sale
$1,000,000

High-Yield Multi-Tenant Storefront

Property size:
5,664 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This Phoenix, Arizona, retail property at 927 W. Hatcher Rd offers a compelling investment opportunity. The 5,664 square foot, fully leased (100% occupancy as of February 8, 2024), multi-tenant storefront boasts five units in a Class C building constructed in 1985. Located in Maricopa County, with a C-2 zoning permit, the property sits on a 16,200 square foot lot. The asking price is $1,000,000, representing a price per square foot of $176.55 and a 6.42% capitalization rate. The current Net Operating Income (NOI) is $64,193. The property benefits from a majority of tenants having scheduled rent increases. Its location on Hatcher Road provides high visibility and foot traffic, with convenient access to major transportation routes and a mix of residential and commercial developments nearby. This institutional-grade investment presents a strong cash flow potential with a stable tenant base. The property's versatile layout is suitable for a variety of retail concepts. Ample parking is available. The APN is 158-31-027M. This is a fully leased, multi-tenant retail shopping plaza in North Central Phoenix.

Property Features for 927 Hatcher Rd

General Information

Property type
Individual retail properties
Square Feet
5,664 SF
Class
C

Building Details

Year Built
1985
Buildings
1
Units
5

HighLights

  • North Central Phoenix multi‑tenant retail shopping center.
  • Fully leased retail plaza.
Property Profile Location Intelligence

Current Use by Public Records

Ara Barbershop Unisex Barber Shop Static Cling Stickers Sticker Manufacturer vinyl lettering Graphic Designer Nutrition Hatcher Health Food Restaurant Digital Creative Service Marketing Agency

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Phoenix
County
Maricopa
State
Arizona
Longitude
-112.08611656
Latitude
33.57128338

FAQs

What type of property is this?
Individual retail property - High-Yield Multi-Tenant Storefront
Where is this individual retail property located?
The property is located at 927 Hatcher Rd Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: North Central Phoenix multi-tenant retail shopping center.; Fully leased retail plaza.;
More about this property
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