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Property profile & analytics
OFF-MARKET Estimated value $2,480,000
Retail space

2430 Apache Trl Apache Junction, AZ 85120-5286

6,300 SF 1.53 ac lot Built 2006
Individually Owned 3-yr Hold Free & Clear
Property ID
US07-0717198
Property summary
AI-generated overview

This exceptional 12,300-square-foot retail storefront in Apache Junction, Arizona, presents a compelling investment opportunity. Built in 2006 and renovated in 2023, this single-story building boasts modern architecture and sits on a 1.53-acre lot with ample parking (40 spaces). Currently 100% occupied by five tenants, the property generates a strong net operating income (NOI) of $213,440, yielding a 6.20% capitalization rate. The asking price is $3,419,000, translating to $284.15 per square foot. Strategically located on West Apache Trail, a major thoroughfare connecting Apache Junction to Mesa, Gilbert, Queen Creek, and Tempe, the property benefits from high visibility and convenient access. Its proximity to US-60 and Loop 202 freeways, along with nearby major retailers like Fry's and Walmart, further enhances its appeal. The property's Net Lease (NNN) structure minimizes landlord responsibilities, making it an attractive, low-maintenance investment. Platinum Dermatology, a significant anchor tenant with a substantial presence in the sunbelt states, contributes significantly to the property's stable occupancy and income stream. This multi-tenant retail investment offers a blend of strong financial performance and prime location, making it an ideal addition to any portfolio. The property's APN is 101-05-138A and the zip code is 85120.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2006
Construction CONCRETE
Total area 6,300 SF
Lot 1.53 ac (66,647 SF)
APN 101-05-138A
UPID US07-0717198
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • National Insurance Insurance Agency
  • Fatman's Pizza Restaurant
  • Cricket Wireless Authorized Retailer Mobile Phone Store Electronics & Wireless Store
  • EDWARD MICHAEL GALICZYNSKI Physician Medical Clinic
  • MICHAEL LOWELL CRANDALL Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.37M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.70M
Blend (final) Blend
$2.48M
Owner & transaction history
Marvin J Klinker · 3 yrs held
Marvin J Klinker
since 2023
Last sale
$2.9M
5 recorded transactions
2023
$2.9M
2021
$2.3M
2017
$11,000
2013
$750,000
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $2.3M +74.0%
Restaurant $1.5M +16.0%
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