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Sought after location in the heart of Tempe. 6.4+/- CAP rate. Ideally situated just 1 mile from the ASU campus; near LRT; and close to the 202/101. Double corner lot that fronts three streets with high visibility & traffic count. Sale includes two lots that total 18,884 sf. The structure is 2925 sf, built in 1974. Currently used as an office complex. The rent is $7200/month or $86,400/annually N lease. Month-to-month lease terms offer complete flexibility. Zoned as CSS (Commercial Shopping & Services) in the TOD (Transit Overlay District). Many possibilities: owner/operator; restaurant-drive-thru viable; other retail; development; or flex. Please do not disturb current tenants. Sold as-is, where-is.PROPERTY FEATURES
Water Source :
City Franchise
Sewer Source :
Public Sewer
Electric :
SRP
Parking Features:
Paved Parking, Private Parking, Free
Cooling:
Central A/C, See Remarks
Heating :
Electric, See Remarks
Construction Materials:
Stucco, Metal Siding, Block
Flooring :
Carpet, Vinyl
PROPERTY DETAILS
Street Address: 1011 S MCCLINTOCK Drive
City: Tempe
State: Arizona
Postal Code: 85281
County: Maricopa
MLS Number: 6583650
Year Built: 1974
Courtesy of Better Homes & Gardens Real Estate SJ Fowler
City: Tempe
State: Arizona
Postal Code: 85281
County: Maricopa
MLS Number: 6583650
Year Built: 1974
Courtesy of Better Homes & Gardens Real Estate SJ Fowler
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