10215 N 28TH Drive, Phoenix, AZ 85051

$2,750,000
Property Type: Comm/Industry Sale Square Footage: 27,874 Lot Size (sq. ft.): 87,096 Status: Closed
Current Price: $2,750,000 List Date: 4/07/2020 Last Modified: 7/31/2021

Overview

Description

This 27,873 SF shopping plaza is situated on approximately 2 acres in a Qualified Opportunity Zone. Its central location and proximity to Interstate 17 makes it a convenient shopping destination for both local families and tourists. Strategically positioned in a major retail trade area of north Phoenix, multiple hotels, educational facilities, medical facilities and conference centers are nearby. New mixed-use planned urban development (PUD) at Metrocenter Mall proposes Call Centers, Medical Data Centers, Educational and General Office uses. Expansion of the Valley Metro Light Rail to include a terminal nearby; completion in 2024 will provide regional access. Investors should jump on this opportunity with imminent growth potential.

Listing Details MLS# 6062974

Location, Tax & Legal

Map Code/Grid
M33
House Number
10215
Compass
N
Street Name
28TH
St Suffix
Drive
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85051
Zip4
1523
Country
US
County Code
Maricopa
Subdivision
METROCENTER TRACT 5
Assessor Number
149-16-397
Tax Year
2019
Assessor's Map #
16
Legal Description (Abbrev)
LOT 2 METROCENTER TRACT 5 MCR 082618
Assessor's Parcel #
397
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
104205
Taxes
41358
Legal
LOT 2 METROCENTER TRACT 5 MCR 082618
Marketing Name
Metro Center Plaza

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
27874
# of Buildings
Yes
Year Built
1977
Uncvrd Parking Spcs
119
Zoning
RSC Phoenix

Remarks Misc

Cross Street
Peoria Ave & 28th Drive
Directions
From I-17 take Peoria Ave west and turn south at 28th Drive. Property is just south of N Metro Center Parkway on the left. FINANCIAL INFORMATION AVAILABLE UPON REQUEST.

Status Change Info

Off Market Date
2021-07-31
Under Contract Date
2021-04-26
Close of Escrow Date
2021-07-30

Legal Info

Township
3N
Range
2E
Section
26
Lot Number
2

More Information

Bay Info

# of Bays
2
# of Bay Doors
2

Contact Info

List Agent Home Phn
480-900-8484

Sold Info

Loan Type
Cash
Payment Type
Other
Clsing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Construction

Other
Yes

Roofing

Foam
Yes

Floors

Ceramic Tile
Yes
Carpet
Yes
Other
Yes

Income & Expenses

Annual Elec Exp
0
Annual Gas Exp
0
Annual Ins Exp
0
Annual Land Lse Exp
0
Annual Landscape Exp
0
Annual Legal & Acctg
0
Annual Maint Exp
0
Annual Mgmt Exp
0
Annual Trash Exp
0
Annual Wtr/Swr Exp
0
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
0
Operating Exp
41358
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Building Type

Commercial
Yes
Office
Yes
Distribution/Warehouse
Yes

Business Type

Service Business
Yes
Restaurant
Yes
Professional/Office
Yes
Warehouse
Yes
Retail
Yes
Bar/Tavern/Lounge
Yes
Other
Yes

Stories

1 Story
Yes

Pmt & Rate Info

Down Payment
20000
Equity
3399000
Total Owed
0
Assessment Balance
0

Showing Notification Methods

Text
Yes
Email
Yes
Phone Call
Yes

Ceiling Height

8.1 Feet to 10 Feet
Yes
10.1 Feet to 12 Feet
Yes

Heating

Electric
Yes

Cooling

Central Air
Yes
Office A/C
Yes
Warehouse A/C
Yes

Interior Features

Finished
Yes
Fire Sprinklers
Yes
Security Light(s)
Yes
Private Restrooms
Yes

Loading Facilities

Truck Well 2 or More
Yes

Road Access Type

Dedicated Street
Yes

Road Surface Type

Asphalt
Yes

Exterior

Corner Lot
Yes
Dual Street Ftg
Yes
Landscaping
Yes
Curb(s) & Gutter(s)
Yes
Sidewalk(s)
Yes
Security Light(s)
Yes

Source of Fincl Data

Other (See Remarks)
Yes

Traffic Count

35,001 to 50,000
Yes

Fencing

None
Yes

Water Source

City Franchise
Yes
Master Meter
Yes

Freeway/Highway

Up to 1 Mile
Yes

Sewer

Sewer - Public
Yes

Parking Features

Free
Yes
Parking Lot
Yes
Paved
Yes

Electric

APS
Yes

Gas

None
Yes

New Financing

Cash Only
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Use Restrictions

Other (See Remarks)
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

None
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Property Features

Building Type: Commercial; Office; Distribution/Warehouse Business Type: Service Business; Restaurant; Professional/Office; Warehouse; Retail; Bar/Tavern/Lounge; Other Stories: 1 Story Construction: Other Roofing: Foam Floors: Ceramic Tile; Carpet; Other Ceiling Height: 8.1 Feet to 10 Feet; 10.1 Feet to 12 Feet Cooling: Central Air; Office A/C; Warehouse A/C Loading Facilities: Truck Well 2 or More Interior Features: Finished; Fire Sprinklers; Security Light(s); Private Restrooms Exterior: Corner Lot; Dual Street Ftg; Landscaping; Curb(s) & Gutter(s); Sidewalk(s); Security Light(s) Fencing: None Parking Features: Free; Parking Lot; Paved Road Access Type: Dedicated Street Electric: APS Gas: None Water Source: City Franchise; Master Meter Sewer: Sewer - Public New Financing: Cash Only Showing Notification Methods: Text; Email; Phone Call Source of Fincl Data: Other (See Remarks) Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Road Surface Type: Asphalt Traffic Count: 35,001 to 50,000 Use Restrictions: Other (See Remarks) Environmental: None
IDX
Listing Office: Keller Williams Realty Phoenix
Last Updated: July - 31 - 2021
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