Property profile

40815 Ironwood Rd San Tan Valley, AZ 85140

OFF-MARKET
Lifestyle centers
39,298 SF 32.98 ac lot
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Property summary

AI-generated overview

Ocotillo Trails Marketplace, located at 40815 N Ironwood Rd, San Tan Valley, AZ 85140, presents a compelling investment opportunity. This 39,298 square foot shopping center sits on a sizable 32.98-acre lot and is offered at an asking price of $16,500,000. The property boasts a strong Net Operating Income (NOI) of $957,462, translating to an attractive 5.80% capitalization rate. The center is anchored by a LA Fitness, providing a stable and recognizable tenant. This investment-grade property is classified as a retail shopping center and is offered as a net lease, making it an ideal addition to a diversified portfolio. The property's location in Pinal County, Arizona, within the San Tan Valley community, offers excellent access and visibility. The substantial lot size provides potential for future expansion or development. This is a rare opportunity to acquire a well-performing, established shopping center with significant upside potential. Detailed financial information and property reports are available upon request.

Property profile

Verified
Property type Lifestyle centers
Total area 39,298 SF
Lot 32.98 ac (1,436,609 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

40815 Ironwood Rd San Tan Valley, AZ 85140
San Tan Valley metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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