$2,750,000
10215 N 28TH Drive
Phoenix, AZ 85051
MLS# 6062974
Status: Closed



10215 N 28TH Drive, Phoenix, AZ 85051
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10215 N 28TH Drive, Phoenix, AZ 85051 10215 N 28TH Drive, Phoenix, AZ 85051 10215 N 28TH Drive, Phoenix, AZ 85051 10215 N 28TH Drive, Phoenix, AZ 85051 10215 N 28TH Drive, Phoenix, AZ 85051 10215 N 28TH Drive, Phoenix, AZ 85051 10215 N 28TH Drive, Phoenix, AZ 85051 10215 N 28TH Drive, Phoenix, AZ 85051 10215 N 28TH Drive, Phoenix, AZ 85051 10215 N 28TH Drive, Phoenix, AZ 85051 10215 N 28TH Drive, Phoenix, AZ 85051 10215 N 28TH Drive, Phoenix, AZ 85051 10215 N 28TH Drive, Phoenix, AZ 85051 10215 N 28TH Drive, Phoenix, AZ 85051 10215 N 28TH Drive, Phoenix, AZ 85051 10215 N 28TH Drive, Phoenix, AZ 85051

Property Description
This 27,873 SF shopping plaza is situated on approximately 2 acres in a Qualified Opportunity Zone. Its central location and proximity to Interstate 17 makes it a convenient shopping destination for both local families and tourists. Strategically positioned in a major retail trade area of north Phoenix, multiple hotels, educational facilities, medical facilities and conference centers are nearby. New mixed-use planned urban development (PUD) at Metrocenter Mall proposes Call Centers, Medical Data Centers, Educational and General Office uses. Expansion of the Valley Metro Light Rail to include a terminal nearby; completion in 2024 will provide regional access. Investors should jump on this opportunity with imminent growth potential.

Details
Maps
Contract Info
Current Price: $2,750,000
Sold Price: $2,750,000
Status: Closed
List Date: 2020-03-09
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: M33
House Number: 10215
Compass: N
Street Name: 28TH
St Suffix: Drive
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85051
Zip4: 1523
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 2 METROCENTER TRACT 5 MCR 082618
Subdivision: METROCENTER TRACT 5
Assessor's Map #: 16
Assessor's Parcel #: 397
Add'l Parcels: No
Assessor Number: 149-16-397
Census Tract: 104205
Legal: LOT 2 METROCENTER TRACT 5 MCR 082618
Tax Municipality: Phoenix
Taxes: 41358
Tax Year: 2019
Marketing Name: Metro Center Plaza
General Property Description
Ttl Apx SqFt Bldg: 27874
# of Buildings: 1
Year Built: 1977
Uncvrd Parking Spcs: 119
Zoning: RSC Phoenix
Remarks & Misc
Cross Street: Peoria Ave & 28th Drive
Directions: From I-17 take Peoria Ave west and turn south at 28th Drive. Property is just south of N Metro Center Parkway on the left. FINANCIAL INFORMATION AVAILABLE UPON REQUEST.
Geo Lat: 33.578993
Geo Lon: -112.121224
Status Change Info
Status Change Date: 2021-07-31
Off Market Date: 2021-07-31
Under Contract Date: 2021-04-26
Close of Escrow Date: 2021-07-30
Sold Price: $2,750,000
Legal Info
Township: 3N
Range: 2E
Section: 26
Lot Number: 2
Bay Info
# of Bays: 2
# of Bay Doors: 2
Income & Expenses
Owner Association: No
Operating Exp: 41358
Pmt & Rate Info
Down Payment: 20000
Equity: 3399000
Contact Info
List Agent Home Phn: 480-900-8484
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Commercial; Office; Distribution/Warehse
Current Use: Service Business; Restaurant; Office; Warehouse; Retail; Bar; Other
Stories: 1 Story
Construction: Other (See Remarks)
Roofing: Foam
Floors: Ceramic Tile; Carpet; Other
Ceiling Height: 8.1 Feet to 10 Feet; 10.1 Feet to 12 Feet
Cooling: Central A/C; Office A/C; Warehouse A/C
Loading Facilities: Truck Well 2 or More
Interior: Finished; Fire Sprinklers; Security Light(s); Private Restrooms
Exterior: Corner Lot; Dual Street Ftg; Landscaping; Security Light(s)
Fencing: None
Parking: Free; Public Parking; Paved Parking
Electric: APS
Gas: None
Water: City Franchise; Master Meter
Sewer: Sewer - Public
Freeway/Highway: Up to 1 Mile
Showing Notification Methods: Text; Email; Phone Call
Source of Fincl Data: Other (See Remarks)
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Roads/Streets: Asphalt; Dedicated Street; Curb(s) & Gutter(s); Sidewalk(s)
Traffic Count: 35,001 to 50,000
Reports/Disclosures: None
Use Restrictions: Other (See Remarks)
Environmental: None

Listing Office: Keller Williams Realty East Valley

Last Updated: July - 31 - 2021

10215 N 28TH Drive, Phoenix, AZ 85051 - MLS# 6062974
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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