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2425 E Thomas Road,  Phoenix, AZ 85016

$850,000
|
|
MLS# 5472853
Status: Active
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12/7/2016 10:11 AM
Property Description
Mixed use retail/office building with C2 zoning ideally located on a hard corner with frontage on one of the highest trafficked (39,000 vehicles per day) sections of Thomas Rd. The building is currently 90% occupied, with existing tenants representing a mixture of retail and office. Cap rate of 7.8%. Seller will carry, positive cash flow from day 1. The property is one block from the 51 Freeway, 5 minutes from the 202 and I-10 Freeways, and less than 10 minutes from Sky Harbor. Significant development opportunities as it is adjacent to a half acre parcel that may be redeveloped.
Listing Information for 2425 E Thomas Road Phoenix, AZ 85016
Property Type: General Commercial, 2 Story
1955 2
City
Public Sewer
School Information for 2425 E Thomas Road Phoenix, AZ 85016
Room Information for 2425 E Thomas Road Phoenix, AZ 85016
Interior Features for 2425 E Thomas Road Phoenix, AZ 85016
Central Air
Gas Heat
Exterior / Lot Features for 2425 E Thomas Road Phoenix, AZ 85016
Private
None
Asphalt
Community Features for 2425 E Thomas Road Phoenix, AZ 85016
Driving Directions to 2425 E Thomas Road Phoenix, AZ 85016
East on Thomas to building on south
Financial Considerations for 2425 E Thomas Road Phoenix, AZ 85016
62.00
$7,268
2015
Listing Price History for MLS#: 5472853

Phoenix AZ Real Estate and Phoenix AZ Homes for Sale

Phoenix is located in the state of Arizona. The zip code of 85016 has a population of 1,462,368. The median age of people living in Phoenix, AZ 85016, is 32.2 years.

Click on the tabs below to see more details for the 85016 zip code in Phoenix, Arizona.

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Courtesy: West USA Realty
Information deemed reliable but not guaranteed. Copyright 2016 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
The ARMLS logo indicates a property listed by a real estate brokerage other than this broker.
Information is deemed reliable but is not guaranteed.

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