$600,000
Glendale, AZ 85301
MLS# 5980805
Status: Closed
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Property Description
Strip Mall located at 43rd Ave and Northern has two addresses: 4322 W Northern & 4318 W Northern Units A,B, & C. Already has tenants. Income property ready to make you money. Call for a showing today for private showing.
Details
Maps
Contract Info
Current Price: $600,000
Sold Price: $600,000
Status: Closed
List Date: 2019-09-19
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: M32
House Number: 4322
Compass: W
Street Name: NORTHERN
St Suffix: Avenue
Unit #: A,B,C
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85301
Zip4: 1648
Country: USA
County Code: Maricopa
Legal Description (Abbrev): PT SE4 SEC 33 3N 2E BEG SE COR TH N 55' TH W 280' TO POB TH W 100' N 200' E 100' TH S 200' TO POB .
Assessor's Map #: 11
Assessor's Parcel #: 1
Assessor Parcel Ltr: N
Add'l Parcels: Yes
Assessor Number: 148-11-001-N
Census Tract: 92309
Legal: PT SE4 SEC 33 3N 2E BEG SE COR TH N 55' TH W 280' TO POB TH W 100' N 200' E 100' TH S 200' TO POB .
Tax Municipality: Glendale
Taxes: 8862
Tax Year: 2019
General Property Description
Ttl Apx SqFt Bldg: 6055
# of Buildings: 1
Year Built: 1969
Uncvrd Parking Spcs: 3
Zoning: CM-RM
Remarks & Misc
Cross Street: 43rd Ave & Northern
Directions: Just West of 43rd Ave on the north side of the street.
Geo Lat: 33.553534
Geo Lon: -112.152643
Status Change Info
Status Change Date: 2019-10-17
Off Market Date: 2019-10-17
Under Contract Date: 2019-09-26
Close of Escrow Date: 2019-10-16
Sold Price: $600,000
Legal Info
Township: 3N
Range: 2E
Section: 33
Lot Number: N/A
Income & Expenses
Annual Elec Exp: 624
Annual Ins Exp: 2400
Annual Maint Exp: 1500
Annual Trash Exp: 900
Annual Wtr/Swr Exp: 660
Owner Association: No
Operating Exp: 14946
Gross Annual Sch Inc: 5160
Adjusted Gross Inc: 5160
Net Operating Income: 46974
Pmt & Rate Info
Cap Rate: 7.52
Equity: 625000
Contact Info
List Agent Home Phn: 623-979-0065
Sold Info
Loan Type: Cash
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Commercial; Office
Current Use: Mixed Use; Service Business; Retail PAD; Restaurant; Office; Retail; Food Service
Stories: 1 Story
Construction: Frame - Wood
Roofing: Tile
Floors: Vinyl; Ceramic Tile; Carpet
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Heat Pump
Cooling: Central A/C
Loading Facilities: Grade Level; None
Interior: Finished; Fire Sprinklers; Smoke Detector(s); Public Restrooms
Fencing: None
Amenities: Display Window(s)
Parking: Free; Paved Parking
Electric: SRP; 220
Gas: None
Water: City Franchise
Sewer: Sewer - Public
Freeway/Highway: 2.1 - 5 Miles
Lockbox Type: None
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: 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
Traffic Count: 35,001 to 50,000
Reports/Disclosures: None
Use Restrictions: Other (See Remarks)
Environmental: None
Listing Office: Century 21 Northwest
Last Updated: October - 17 - 2019
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