3130 E UNION HILLS Drive, Phoenix, AZ 85050

$2,260,000
Property Type: Comm/Industry Sale Status: Closed
Current Price: $2,260,000 List Date: 11/27/2012 Last Modified: 8/06/2021

Overview

Description

• COLLEGE PLAZA - INVESTMENT SALE • MULTI TENANT RETAIL SHOPS • 2 BUILDINGS AT 30,153 SF • FOR SALE: $2.33 MILLION • 10.47% CAP RATE • NOI: $243,968.02 • SEVEN TENANTS - 93% OCCUPIED • NWC UNION HILLS DR AND 32ND ST • NEAR MAJOR RETAIL, ADJACENT TO PARADISE VALLEY COMM. COLLEGE • 34,000 DAILY TRAFFIC COUNT • EASY ACCESS TO LOOP 101 AND SR 51

Listing Details MLS# 4854995

Location, Tax & Legal

Map Code/Grid
K35
House Number
3130
Compass
E
Street Name
UNION HILLS
St Suffix
Drive
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85050
Zip4
3400
Country
US
County Code
Maricopa
Assessor Number
213-16-383-A
Assessor's Map #
16
Assessor's Parcel #
383
Assessor Parcel Ltr
A
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
617000
Taxes
0
Legal
S2 SE4 SE4 SE4 SEC 26 EX E 255F OF S 223F & EX S 55F & EX W 15F E
Marketing Name
Multi Tenant Retail Shop

Contract Info

Ownership
Other (See Remarks)

General Property Description

Year Built
1989
Zoning
C-2
Ttl Apx SqFt Bldg
0
# of Buildings
0
Uncvrd Parking Spcs
0

Status Change Info

Off Market Date
2013-06-13
Under Contract Date
2013-06-13
Close of Escrow Date
2013-07-31

Legal Info

Township
4N
Range
3E
Section
26

More Information

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

Other
Yes

Floors

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
0
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Building Type

Other (See Remarks)
Yes

Business Type

Other
Yes
See Remarks
Yes

Stories

Other (See Remarks)
Yes

Pmt & Rate Info

Down Payment
10000
Equity
2250000
Total Owed
0
Assessment Balance
0

Ceiling Height

10.1 Feet to 12 Feet
Yes

Heating

Other
Yes
See Remarks
Yes

Cooling

Other
Yes
See Remarks
Yes

Interior Features

Other (See Remarks)
Yes

Loading Facilities

Other (See Remarks)
Yes

Source of Fincl Data

Other (See Remarks)
Yes

Fencing

Other
Yes
See Remarks
Yes

Water Source

Other
Yes
See Remarks
Yes

Sewer

Other
Yes

Parking Features

Other
Yes

Electric

Other (See Remarks)
Yes

Gas

Other (See Remarks)
Yes

New Financing

Other (See Remarks)
Yes

Existing 1st Loan

Other (See Rmks)
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Other (See Remarks)
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Other (See Remarks)
Yes

Use Restrictions

Other (See Remarks)
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

Other (See Remarks)
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

Other (See Remarks)
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Property Features

Building Type: Other (See Remarks) Business Type: Other; See Remarks Stories: Other (See Remarks) Construction: Other Roofing: Other Floors: Other Ceiling Height: 10.1 Feet to 12 Feet Heating: Other; See Remarks Cooling: Other; See Remarks Loading Facilities: Other (See Remarks) Interior Features: Other (See Remarks) Fencing: Other; See Remarks Parking Features: Other Electric: Other (See Remarks) Gas: Other (See Remarks) Water Source: Other; See Remarks Sewer: Other New Financing: Other (See Remarks) Source of Fincl Data: Other (See Remarks) Existing 1st Loan: Other (See Rmks) Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Use Restrictions: Other (See Remarks) Environmental: Other (See Remarks)
IDX
Listing Office: The Menlo Group Commercial Real Estate
Last Updated: August - 06 - 2021
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