Fountain Hills, AZ 85268,11819 N SAGUARO Boulevard
Fountain Hills, AZ 85268,11819 N SAGUARO Boulevard
Fountain Hills, AZ 85268,11819 N SAGUARO Boulevard
Fountain Hills, AZ 85268,11819 N SAGUARO Boulevard
Fountain Hills, AZ 85268,11819 N SAGUARO Boulevard
Fountain Hills, AZ 85268,11819 N SAGUARO Boulevard
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$910,000

$925,000

1.6%
Est.Price: ?

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Est. payment /mo

0.5 Acres Lot


SOLD DATE : 06/07/2024

Key Details

Sold Price $910,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Fountain Hills Az 302A

MLS Listing ID 6485857

Sold Date 06/07/24

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1979

Annual Tax Amount $7,055

Tax Year 2021

Lot Size 0.500 Acres

Acres 0.5

Property Description

Automotive Center in Fountain Hills for sale. The property has a 10-year (NNN) lease in place with a current expiration date in Q1 2031. The current net operating income for 2022 is $60,000, resulting in a rate of $1.16/NNN. The lease has built-in 3% annual increases through the expiration of the lease. The tenant is responsible for real property taxes, insurance, and maintenance/repairs.

Location

State AZ

County Maricopa

Community Fountain Hills Az 302A

Zoning C-3

Direction Head South on AZ-51, take AZ-202 E exit continue to exit 13 toward AZ-87 for 14 miles. Then use the left two lanes to turn left onto E Shae Blvd, turn right onto Saguaro Blvd, property is on the right

Interior

Heating Other, See Remarks

Cooling See Remarks, Other

Flooring Other

Exterior

Parking Features Other (See Remarks)

Fence Other, See Remarks

Roof Type See Remarks

Present Use Automobile

Building

Sewer Other

Water Other, See Remarks

New Construction No

Others

Senior Community No

Tax ID 176-08-598

Financing Other

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Arizona Regional MLS (ARMLS)
Listed by R.O.I. Properties
Bought with Keller Williams Arizona Realty

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Bryan Choate

Associate Broker, REALTOR® | Lic# BR106439000

+1(480) 313-2729

6929 N Hayden Rd Suite C4-411, Scottsdale, AZ, 85250

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