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21137 Rittenhouse Rd Queen Creek, AZ 85142-4838

OFF-MARKET Commercial real estate Google Maps
3,261 SF 1 ac lot Built 2008
Entity Owned Free & Clear
Estimated value
No estimation on file for this property yet.
Property ID US07-1152647

Property summary

AI-generated overview

This exceptional retail investment opportunity presents a 4,000 square foot property located at 21137 E Rittenhouse Rd, Queen Creek, Arizona, 85142. Built in 2008, the property sits on a substantial 43,754 square foot lot, offering ample space and potential for future development or expansion. Currently configured as a two-tenant net-leased property, this asset provides a stable income stream with a compelling 5.40% capitalization rate. The asking price is $2,425,000. This property is ideally situated in the thriving Queen Creek market within Maricopa County, offering excellent visibility and accessibility. The substantial lot size provides significant flexibility for future uses or expansion opportunities. The strong tenant occupancy and attractive cap rate make this a highly desirable investment for those seeking a stable, high-yielding retail asset in a rapidly growing Arizona market. Detailed financial information and tenant lease agreements are available upon request. This is a turnkey investment opportunity ready for immediate income generation. The property's 2008 construction ensures relatively modern facilities and reduced maintenance needs. Don't miss this chance to acquire a prime retail property in a prime location.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2008
Construction STEEL FRAME
Total area 3,261 SF
Lot 1 ac (43,754 SF)
Zoning code C-2
APN 304-66-828
UPID US07-1152647

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hardware & Home Improvement Building Supply
  • Bakery Take-out & Catering

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2026
Last sale
$2.1M
7 recorded transactions
2026
Price N/A
2025
$2.1M
2019
Price N/A
2018
Price N/A
2017
$750,000
2006
Price N/A
1969
Price N/A

Zoning & alternative use

C-2 · Queen Creek, AZ
Zoning description

The purpose of C-2 is to provide General commercial activities designed to serve the community such as repair shops, wholesale businesses, warehousing, and limited retail sales, with some outdoor display of goods, but li…

General category COMMERCIAL

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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