40815 Ironwood Rd San Tan Valley, AZ 85140
- Lifestyle centers
- 39,298 SF
- 32.98 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 40815 Ironwood Rd
- Lot size
- 32.98 lot acres
- Property size
- 39,298 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Tan Valley
- County
- Pinal
- State
- Arizona
- Longitude
- -111.562
- Latitude
- 33.2498
