18434 99Th Ave Sun City, AZ 85373
- Strip malls
- 10,149 SF
- 0.92 lot acres
Current Use by Public Records
- Av'caros Styling Salon / Beauty Salon
- REVI Therapy & Wellness / Wellness Center
- Intuitive Development / Education
- The Dirty Blonde Salon & Boutique / Hair Salon
- HomeSmart Sun City The Kennedys - Jenny and Richard / Real Estate Agent
Property Details for 18434 99Th Ave
- Year built
- 1985
- Construction
- CONCRETE
- Lot size
- 0.92 lot acres
- Property size
- 10,149 SF
- Zone code
- C-2
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 230-06-180
- APU
- 23006180
Description
This exceptional 10,137 square foot retail center, built in 1987, is situated at the southwest corner of 99th Avenue and Union Hills Drive, offering unparalleled visibility. The property features two suites, totaling 10,137 square feet, with a minimum divisible space of 971 square feet and a maximum contiguous space of 1,400 square feet. Currently, 2,371 square feet are vacant. Suite #5, a 1,400 sqft space, is fully built out as an office, including a large reception area, six private offices, a storage area, and an ADA-compliant restroom. Suite #9, a high-visibility endcap space (leased until December 31, 2024), is configured as a mostly open shop space. Both suites benefit from one free covered, reserved parking space each, with ample additional parking available on-site. The property boasts 99th Avenue frontage, ensuring excellent visibility, while Suite #9 also benefits from exposure to Union Hills Drive traffic. Building and monument signage opportunities are available. The property is zoned C-2 and serviced by APS power. A low rental tax of only 0.5% further enhances the value proposition of this high-identity neighborhood center.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $780,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $870,000
- 6.5%
- $925,000
- 7%
- $815,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $855,000
- Geo Method
- $900,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $950,000
- Retail
- $855,000
- Mixed-Use
- $885,000
- Hospitality
- $1,035,000
- Educational
- $1,015,000
- Residential Income
- $1,050,000
- Energy
- $815,000
- Income-Based Land
- $985,000
- Food Service
- $955,000
Location Insight
- Map
- Local Demand
- City
- Sun City
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.279
- Latitude
- 33.6522
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
