Current Use by Public Records
- Retail properties & Spaces
Property Details for 2430 Apache Trl
- Year built
- 2006
- Lot size
- 1.53 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Office Spaces
Description
This exceptional investment opportunity presents a 12,300-square-foot medical office and retail building situated at 2430 W Apache Trail in Apache Junction, Arizona. Built in 2006, this Class B property boasts a 100% occupancy rate, generating a substantial net operating income (NOI) of $216,642.99, representing a 6.34% cap rate. The asking price is $3,419,000, translating to $277.96 per square foot. This multi-tenant building features a strong tenant mix within a high-traffic area, conveniently located along West Apache Trail, a major roadway connecting Apache Junction to Mesa, Gilbert, Queen Creek, and Tempe. Its prime location offers easy access to US-60 and Loop 202 freeways, placing it within minutes of major retailers like Fry's and a Walmart Supercenter. The 1.53-acre lot provides ample parking with 40 spaces. The property is well-maintained and features modern construction, making it an attractive investment for discerning buyers. The property's Net Lease (NNN) structure further enhances its appeal. This is a turnkey investment opportunity with significant upside potential. The property's APN is 101-05-138A.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mesa
- County
- Pinal
- State
- Arizona
- Longitude
- -111.845
- Latitude
- 33.3903
