21137 Rittenhouse Rd Queen Creek, AZ 85142-4838
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.
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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 limited outdoor operations
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
C-2 · Queen Creek, AZThe 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 limited outdoor operations
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.