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1050 E RILEY Drive # A Avondale, AZ $ 15,389,000
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1050 E RILEY Drive # A
$ 15,389,000
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1050 E RILEY Drive # A

Avondale, AZ, 85323
$ 15,389,000
Baths0.0 Sq 35,310

Monthly Estimate*

$ 107,497

1050 E RILEY Drive # A, Avondale, AZ 85323 - Image 1
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1050 E RILEY Drive # A, Avondale, AZ 85323 - Image 9
Studio

Commercial Property for sale in Avondale, AZ

for $15,389,000. This 35,310 square foot building was built in 2009 on a lot size of 3.96.

Seller Lease Back (5 yrs) CAP Rate of 5%

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Commercial Active

Price

$ 15,389,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 50,581

Style

Comm/Industry Sale

Lot Size

3.96

Year Built

2009

Town/City

Avondale

County/Region

Maricopa

MLS | Web ID

6445002
Features
General
Sewer Public Sewer
Heating Other See Remarks
Cooling Warehouse A/C Office A/C Central A/C
Roof See Remarks
Zoning I-2
Construction Materials Stucco Metal Siding Block
Year Built 2009
Electric Other (See Remarks)
Township 1N
Unit Number A
Tax Year 2021
Percent Ownership Fee Simple
Gross Income 1059300.0
Business Type Warehouse Office
County Maricopa
Net Operating Income 1059300.0
Property Type Comm/Industry Sale
Attached Garage N
Subdivision Name Executive West Building
Building Features Conference Room Reception Room Kitchen Display Window(s)
Status Active
City Avondale
Buyer Agent Compensation 2.00
Disclosures None
View Y/N N
Open Parking Spaces 20.0
Lot Size Square Feet 172483.0
Carport Y/N N
Street Name RILEY
Tax Annual Amount 50581.0
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 633
Structure Type Industrial Office
Standard Status Active
Occupancy Description Owner
Tax Lot 1
Cap Rate 5.0
Buyer Agent Compensation Type %
Ownership Fee Simple
Senior Community N
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Interior
Flooring Carpet Concrete
Street Suffix Drive
Electric On Property Y/N N
Total Baths 0
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Exterior
Fencing Block
Parking Features Paved Parking Private Parking
Water Source City Franchise
Total Parking 20.0
Lot Size Area 172483.0
Number of Buildings 1
Spa N
Lot Size Acres 3.96
Road Surface Type Asphalt
Lot Size Units Square Feet
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1050
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* Excluded Features
List By
Realty One Group

Broker

ginafaith24@gmail.com

Email

Affordability Calculator

$111,712
Per Month
96%
4%
0%
Monthly Principal & Interest
$107,497
Monthly Property Taxes
$4,215
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
260072 Elementary School
263420 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/31/2024$15,389,000 -8.83% Price Down
10/19/2023$16,880,000 -20.32% Price Down
8/4/2022$21,186,000 Listed Price

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1050 E RILEY Drive # A, Avondale, AZ, 85323 is a Commercial Property for sale at $15,389,000 with 35,310 sqft and a lot size of 3.96. 1050 E RILEY Drive # A is a studio with 0.0 baths and was built in 2009. The property's zip code is 85323 which is in Avondale, AZ

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