4227 S Central Avenue Phoenix, AZ $ 3,000,000
4227 S Central Avenue
$ 3,000,000

4227 S Central Avenue Phoenix, AZ, 85040

$ 3,000,000
Bedrooms Baths0.0 Sq 24,663

Monthly Estimate*

$ 11,632

How much can I afford?
4227 S Central Avenue, Phoenix, AZ 85040 - Image 1
4227 S Central Avenue, Phoenix, AZ 85040 - Image 2
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4227 S Central Avenue, Phoenix, AZ 85040 - Image 7

Commercial Property for sale in Phoenix, AZ

for $3,000,000. This 24,663 square foot building was built in 1956 on a lot size of 99228.00 Sqft.

GROCERY ANCHORED INVESTMENT OPPORTUNITY. RARE OPPORTUNITY TO ACQUIRE RANCHO GRANDE PLAZA. A NEIGHBORHOOD STRIP CENTER LOCATED IN THE HEART OF DOWNTOWN PHOENIX.100% FULL. NET OPERATING INCOME OF $209, 776.00 PER YEAR. RANCHO GRANDE MARKET THE MAJOR TENANT SINCE 1996 HAS RECENTLY SIGNED A NEW 10 YEAR LEASE. GREAT TRAFFIC FLOW. 43, 000 CARS PER DAY PASS. ALL TENENTS ARE ON NNN. LEASES. REMOLDED IN 2015. PROPERTY SITS ON 2.28 ACRES. CORNER INTERSECTION OF CENTRAL AND BROADWAY. PRICED AT ONLY $123 PER SQ. FT. GREAT MONUMENTAL SIGNAGE.

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Commercial Active

Price

$ 3,000,000

Property Type

Commercial

Taxes

$ 33,487

Style

Commercial

Lot Size

99228.00 Sqft

Year Built

1956

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

5765969

Features
Interior
Cooling System Central Air
Flooring Concrete Floors
Sewer Public Sewer
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Exterior
Construction Block
Parking Paved
Road Frontage Asphalt Road Curb & Gutter
Roof Foam
Separate Utilities Individual Meters
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* Excluded Features
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Listing Agent

Arizona Estate Investors

Broker


Affordability

$ 14,422 per month
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Monthly Principal & Interest
$11,632
Monthly Property Taxes
$2,791
Monthly Home Insurance
--

Default based on a 30-year fixed rate of 4.125% 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
Pricing History
DatePricePrice ChangeDescription
7/28/2018$3,000,000 -1.64 % Price Down
5/15/2018$3,050,000 Listed Price

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4227 S Central Avenue, Phoenix, AZ, 85040 is a Commercial Property for sale at $3,000,000 with 24,663 sqft and a lot size of 99228.00 Sqft. 4227 S Central Avenue has 0.0 baths and was built in 1956. The property's zip code is 85040 which is in Phoenix, AZ