185 N Apache Trl Apache Junction, AZ 85120
For Lease
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This exceptional 59,850 square foot shopping center in Apache Junction, Arizona, presents a compelling investment opportunity. Boasting 100% occupancy with three tenants, including national credit tenants Goodwill and Ross Dress for Less, this property offers a robust and reliable cash flow. The center, built in 1998 and renovated in 2019, sits on a 9-acre lot and benefits from NNN leases with built-in rent increases. The strong tenant mix, featuring investment-grade tenants comprising 75% of the gross leasable area and 79% of total income, ensures consistent returns. Located on Apache Trail, a major retail corridor with nearly 21,000 vehicles per day, the property enjoys high visibility and accessibility. Its strategic location is further enhanced by its proximity to a newly developed Fry's Marketplace and other new retail and residential developments, including approximately 650 new multi-family units. The property's NOI is $892,479, with an asking price of $11,500,000 and a 7.75% cap rate. This is a rare opportunity to acquire a high-performing retail asset in a rapidly growing market. The property's strong tenant base, favorable lease terms, and prime location make it an ideal investment for discerning buyers seeking stable income and long-term appreciation.
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Fry's Money Services Check Cashing
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Apache Trail Goodwill Retail Store and Donation Center Discount Store
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No Reason Why Flowers (Bike/Boat/Book/etc) Store Florist
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Parking Parking Lot & Garage
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Flatiron Plaza Business Service Center Corporate Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.