16265 E Peak Lane Active

Red Rock,AZ 85245

$ 1320000

- Bed

- Bath

2400 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $550

MLS Listing ID 22502885

Year Built 1987

Annual Tax Amount $3,396

Tax Year 2020

Lot Size 4.210 Acres

Acres 4.21

Property Sub-Type Retail

Property Description

NNN Lease in year 12 of 20 year lease; 3% annual increases; Current Mo. Rent at $5,536.93 and Annualized at $66,443.16; Next 3% increase on 11.01.2023 with increased Mo. Rent Adjustment of $5,703.02.Zoning: CB-2, Pinal County - Commercial CB-2 GENERAL BUSINESS ZONE Any use permitted in PCDSC 2.85.010(B) through (J) (TR transitional zone) and in PCDSC 2.90.010 (CB-1)

Location

State AZ

County Pinal

Area Pinal

Zoning Other - CB2

Building

Sewer Septic

Others

Acceptable Financing Cash,Conventional,Submit

Listing Terms Cash,Conventional,Submit

Special Listing Condition None

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