2226 W CAMELBACK Road $769,000

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    2226 W CAMELBACK Road Phoenix, AZ 85015

    • 1,041 sq. ft.
    • Commercial Sale
    • MLS# 5920608
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    Views: 4 Days On Market: 333

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    Property Details

    Used car lot and used car sales. This property is leased on a NNN lease and is an ideal investment opportunity offering phenomenal 10.14% cap rate. The current tenants lease is up but wants to sign a new 5 year Triple Net lease if you are looking for an investment. If you are an owner occupier it can be vacant within 30 days. This lot has been consistently leased for years on a triple net lease offering a great return. The previous tenant grossed over $3M per year. Includes mechanics car lift, prominent neon and fluorescent pole sign. Well lit sales area. Holds 52 cars. Prime location on busy Camelback Rd just east of I-17. High traffic count. Next to Discount Tire, near Bill Luke Chrysler Jeep and 3 blocks from the Light Rail. Opposite new mall development.

    • General Features
      • Assessor Book # 153.00
      • Assessor Map # 25.00
      • Assessor Number 153-25-065-A
      • Assessor Parcel # 65.00
      • Assessor Parcel Ltr A
      • Building Type Commercial
      • Cooling Error: ClassID in tblMLSFieldPropertyType is null.
      • County Maricopa
      • Covered Parking Spaces 0.00
      • Cross Street 22
      • Directions West on Camelback from 19th Ave or East from I-17.
      • Electric APS, Over 220 Amp, 3 Phase Power
      • Fencing Error: ClassID in tblMLSFieldPropertyType is null.
      • Gas None
      • Heating Error: ClassID in tblMLSFieldPropertyType is null.
      • List Date 2019-04-03
      • Parking Error: ClassID in tblMLSFieldPropertyType is null.
      • Roofing Error: ClassID in tblMLSFieldPropertyType is null.
      • Sewer Error: ClassID in tblMLSFieldPropertyType is null.
      • Subdivision CAMELBACK GARDENS
      • Tax Municipality Phoenix
      • Tax Year 2018
      • Taxes $4,750
      • Total Approx Building SqFt 1,041
      • Total Approx Land SqFt 16,146
      • Type ER
      • Type of Property Retail Auto Sales
      • Uncovered Parking Spaces 52.00
      • Water Error: ClassID in tblMLSFieldPropertyType is null.
      • Year Built 1980
      • Zoning C2
    • Building Features
      • Construction Error: ClassID in tblMLSFieldPropertyType is null.
      • Ceiling Height 8.1 Feet to 10 Feet
      • Stories 1 Story
      • Interior Finished
      • Exterior Storage Yard, Pole Sign, Building Sign, Security Light(s)
      • Floors Concrete
    • Property Features
      • Total Parking Space 52.00
      • Legal Info: Lot Number 15
      • Legal Info: Township 13
      • Legal Info: Range 2E
      • Ownership Fee Simple
      • Income & Expenses: Net Operating Income 82900.00
      • Income & Expenses: Gross Annual Sch Inc 0.00
      • Income & Expenses: Adjusted Gross Inc 0.00
      • Number of Buildings 1

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    Neighborhood

    85015 (Phoenix) Demographics

    32 Median Age
    7,952 Population Density (per sq. mile)
    25% College Educated
    $30,661 Estimated Median Income
    5,114 Estimated Total Home Owners
    9,490 Estimated Total Renters
    35% / 65% Estimated Owner / Renter Divide
    10 Estimated Average Household Size
    38,829 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $253,500 Median Sales Price
    48 Homes Sold
    55 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $769,000
        5/4/2019 1:40:00 AM New in Database Source

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        Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 4/1/2020 1:44:50 PM. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.