Thursday, July 31, 2008

Tuscani Pointe

Tuscani Pointe is an opportunity for an investor to acquire a unique commercial real estate investment located in Phoenix, AZ. The property is located at 711 East Carefree Highway and consists of one, two-story , multi-tenant retail building totaling approximately 65,545 square feet. The property is currently leased to a total of 30 tenants on a NNN lease basis.

Price: $11,970,000/ $182.62 Price per square foot
Cap Rate: 8.79%
Land Area: 254,672 sq ft/ 5.846 acres
Year Built: 2004
Major Tenants: Roadrunner Pharmacy, Eaton Vet Labs, Ray's Pizza, Arizona Cosmetic Surgery, Smile Creations, Dentistry, North Valley Magazine
Occupancy: 91%
Parking: 251 total parking spaces

For more information please contact me

No comments: