Courtesy of: Christine McConnaughay, Realty Executives McConnaughay, christinem.realtor@gmail.com
Courtesy of: Christine McConnaughay, Realty Executives McConnaughay, christinem.realtor@gmail.com
$1,750,000
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Lot: 1,610.65 Acres
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Retail
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$1,750,000
11814 S FOOTHILLS BLVD Excellent multi-tenant commercial investment opportunity on highly visible Foothills Blvd! Built in 2004, this approximately 9, 000 SF commercial building is situated on a generous 46, 174 SF (approx. 1.06-acre) parcel with excellent frontage, extensive asphalt and approximately 49 marked parking spaces. The property is occupied by three businesses representing automotive, educational and medical uses, providing a diversified income stream. Offered at $1, 750, 000, approximately $194.44/SF, with an estimated 7.1% cap rate and estimated NOI of $124, 409 based on current income and estimated operating expenses. Current lease structure may provide an opportunity for future rental growth as leases approach renewal, offering potential upside to a new owner. Multiple tenants, diversified uses, substantial site area and prominent Foothills Blvd frontage add to the property's investment appeal.
Courtesy of: Christine McConnaughay, Realty Executives McConnaughay, christinem.realtor@gmail.com
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