$15,389,000
1050 E RILEY Drive, A
Avondale, AZ 85323
MLS# 6445002



1050 E RILEY Drive, A, Avondale, AZ 85323
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Property Description
Seller Lease Back (5 yrs) CAP Rate of 5%

Details
Maps
Contract Info
Current Price: $15,389,000
List Price: $15,389,000
Status: Active
List Date: 2022-08-02
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: Q29
House Number: 1050
Compass: E
Street Name: RILEY
St Suffix: Drive
Unit #: A
City/Town Code: Avondale
State/Province: AZ
Zip Code: 85323
Zip4: 2002
Country: USA
County Code: Maricopa
Legal Description (Abbrev): MINOR LAND DIVISION
Subdivision: Executive West Building
Assessor's Map #: 26
Assessor's Parcel #: 6
Add'l Parcels: Yes
Assessor Number: 500-26-006
Census Tract: 61200
Legal: MINOR LAND DIVISION MCR 1026-02
Tax Municipality: Avondale
Taxes: 50581
Tax Year: 2021
General Property Description
Ttl Apx SqFt Bldg: 35310
# of Buildings: 1
Year Built: 2009
Uncvrd Parking Spcs: 20
Zoning: I-2
Remarks & Misc
Cross Street: Van Buren & Eliseo C Felix
Geo Lat: 33.439566
Geo Lon: -112.335877
Status Change Info
Status Change Date: 2022-08-04
Legal Info
Township: 1N
Range: 1W
Section: 11
Lot Number: 1
Income & Expenses
Owner Association: No
Gross Annual Sch Inc: 1059300
Adjusted Gross Inc: 1059300
Net Operating Income: 1059300
Pmt & Rate Info
Cap Rate: 5
Equity: 21186000
Property Features
Building Type: Industrial; Office
Current Use: Office; Warehouse
Stories: 1 Story
Construction: Block; Stucco; Metal
Roofing: Other (See Remarks)
Floors: Concrete; Carpet
Ceiling Height: 10.1 Feet to 12 Feet; 12.1 Feet to 14 Feet; 16.1 Feet to 28 Feet; 28.1 Feet or Over
Heating: Other; See Remarks
Cooling: Central A/C; Office A/C; Warehouse A/C
Loading Facilities: Dock High; Grade Level; Drive-in Door(s)
Interior: Finished; Fire Sprinklers; Smoke Detector(s); Alarm System; Phone System; Private Restrooms
Exterior: Corner Lot; Landscaping; Storage Yard; Pole Sign; Building Sign; Security Light(s); Security Camera(s); Other (See Remarks)
Fencing: Block
Amenities: Conference Room; Reception Room; Kitchen; Display Window(s)
Parking: Private Parking; Paved Parking
Electric: Other (See Remarks)
Gas: None
Water: City Franchise
Sewer: Sewer - Public
Freeway/Highway: 1.1 - 2 Miles
Showing Notification Methods: Text
Lockbox Type: None
Source of Fincl Data: Provided by Owner
Existing 1st Loan: SBA
Roads/Streets: Asphalt
Reports/Disclosures: None
Environmental: Super Fund/WQARF/DOD

Listing Office: Realty ONE Group

Last Updated: January - 31 - 2024

1050 E RILEY Drive, A, Avondale, AZ 85323 - MLS# 6445002
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