$1,450,000
Goodyear, AZ 85338
MLS# 6264064
Status: Closed
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Property Description
Strong National Brand Corp Tenant has been leasing this building for 15 years and just renewed for another 5 years. Great looking building located in an 86,600sf Shopping Center with a total of 420 parking spaces.
Details
Maps
Contract Info
Current Price: $1,450,000
Sold Price: $1,450,000
Status: Closed
List Date: 2021-06-15
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: Q29
House Number: 257
Compass: N
Street Name: LITCHFIELD
St Suffix: Road
City/Town Code: Goodyear
State/Province: AZ
Zip Code: 85338
Zip4: 1227
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 6 GOODYEAR COMMERCIAL PARK MCR 018404
Subdivision: GOODYEAR COMMERCIAL PARK
Assessor's Map #: 8
Assessor's Parcel #: 77
Add'l Parcels: No
Assessor Number: 500-08-077
Census Tract: 61300
Legal: LOT 6 GOODYEAR COMMERCIAL PARK MCR 018404
Tax Municipality: Goodyear
Taxes: 11200
Tax Year: 2020
Marketing Name: ICI Paints
General Property Description
Type of Property: Retail
Ttl Apx SqFt Bldg: 9501
# of Buildings: 1
Year Built: 1977
Uncvrd Parking Spcs: 420
Zoning: C-2
Remarks & Misc
Cross Street: SEC LITCHFIELD/VAN BUREN
Directions: I-10 to Litchfield Rd exit, south 1 mile to Van Buren. ICI Paint Building is in the Shopping Center on SE corner
Geo Lat: 33.449486
Geo Lon: -112.356912
Status Change Info
Status Change Date: 2021-12-17
Off Market Date: 2021-11-22
Under Contract Date: 2021-10-20
Close of Escrow Date: 2021-12-15
Sold Price: $1,450,000
Legal Info
Township: 1N
Range: 1W
Section: 10
Lot Number: 6
Income & Expenses
Owner Association: Yes
Operating Exp: 11200
Gross Annual Sch Inc: 83172.36
Adjusted Gross Inc: 83172.36
Net Operating Income: 83172.36
Pmt & Rate Info
Cap Rate: 5.54
Equity: 1500000
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
Property Features
Building Type: Commercial
Current Use: Retail
Stories: 1 Story
Construction: Tilt-Up
Roofing: Built-Up
Floors: Concrete
Ceiling Height: 12.1 Feet to 14 Feet
Cooling: Central A/C
Loading Facilities: Grade Level
Interior: Finished
Exterior: Dual Street Ftg
Fencing: None
Parking: Public Parking; Paved Parking
Electric: Other (See Remarks)
Gas: Other (See Remarks)
Water: City Franchise
Sewer: Sewer - Public
Showing Notification Methods: Phone Call
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Reports/Disclosures: Other (See Remarks)
Environmental: None
Listing Office: West USA Realty
Last Updated: July - 06 - 2023
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