4322 W NORTHERN Avenue A,B,C, Glendale, AZ 85301

$600,000
Property Type: Comm/Industry Sale Square Footage: 6,055 Lot Size (sq. ft.): 20,038 Status: Closed
Current Price: $600,000 List Date: 9/20/2019 Last Modified: 10/17/2019

Overview

Description

Strip Mall located at 43rd Ave and Northern has two addresses: 4322 W Northern & 4318 W Northern Units A,B, & C. Already has tenants. Income property ready to make you money. Call for a showing today for private showing.

Listing Details MLS# 5980805

Location, Tax & Legal

Map Code/Grid
M32
House Number
4322
Compass
W
Street Name
NORTHERN
St Suffix
Avenue
City/Town Code
Glendale
State/Province
AZ
Zip Code
85301
Zip4
1648
Country
US
County Code
Maricopa
Assessor Number
148-11-001-N
Tax Year
2019
Unit #
A,B,C
Assessor's Map #
11
Legal Description (Abbrev)
PT SE4 SEC 33 3N 2E BEG SE COR TH N 55' TH W 280' TO POB TH W 100' N 200' E 100' TH S 200' TO POB .
Assessor's Parcel #
1
Assessor Parcel Ltr
N
Add'l Parcels
Yes
Tax Municipality
Glendale
Census Tract
92309
Taxes
8862
Legal
PT SE4 SEC 33 3N 2E BEG SE COR TH N 55' TH W 280' TO POB TH W 100' N 200' E 100' TH S 200' TO POB .

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
6055
# of Buildings
Yes
Year Built
1969
Uncvrd Parking Spcs
3
Zoning
CM-RM

Remarks Misc

Cross Street
43rd Ave & Northern
Directions
Just West of 43rd Ave on the north side of the street.

Status Change Info

Off Market Date
2019-10-17
Under Contract Date
2019-09-26
Close of Escrow Date
2019-10-16

Legal Info

Township
3N
Range
2E
Section
33
Lot Number
N/A

More Information

Income Expenses

Gross Annual Sch Inc
5160
Net Operating Income
46974

Contact Info

List Agent Home Phn
623-979-0065

Sold Info

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

Construction

Wood Frame
Yes

Roofing

Tile
Yes

Floors

Vinyl
Yes
Ceramic Tile
Yes
Carpet
Yes

Income & Expenses

Annual Elec Exp
624
Annual Gas Exp
0
Annual Ins Exp
2400
Annual Land Lse Exp
0
Annual Landscape Exp
0
Annual Legal & Acctg
0
Annual Maint Exp
1500
Annual Mgmt Exp
0
Annual Trash Exp
900
Annual Wtr/Swr Exp
660
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
0
Operating Exp
14946
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
5160

Building Type

Commercial
Yes
Office
Yes

Business Type

Mixed
Yes
Service Business
Yes
Restaurant
Yes
Professional/Office
Yes
Retail
Yes
Food Service
Yes

Stories

1 Story
Yes

Pmt & Rate Info

Cap Rate
7.52
Down Payment
0
Equity
625000
Total Owed
0
Assessment Balance
0

Lockbox Type

None
Yes

Ceiling Height

8.1 Feet to 10 Feet
Yes

Heating

Heat Pump
Yes
Electric
Yes

Cooling

Central Air
Yes

Interior Features

Finished
Yes
Fire Sprinklers
Yes
Smoke Detector(s)
Yes
Public Restrooms
Yes

Loading Facilities

Grade Level
Yes
None
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Traffic Count

35,001 to 50,000
Yes

Fencing

None
Yes

Water Source

City Franchise
Yes

Freeway/Highway

2.1 - 5 Miles
Yes

Building Features

Display Window(s)
Yes

Sewer

Sewer - Public
Yes

Parking Features

Free
Yes
Paved
Yes

Electric

SRP
Yes
220 Volts
Yes

Gas

None
Yes

New Financing

Other (See Remarks)
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 Business Type: Mixed; Service Business; Restaurant; Professional/Office; Retail; Food Service Stories: 1 Story Construction: Wood Frame Roofing: Tile Floors: Vinyl; Ceramic Tile; Carpet Ceiling Height: 8.1 Feet to 10 Feet Heating: Heat Pump Cooling: Central Air Loading Facilities: Grade Level; None Interior Features: Finished; Fire Sprinklers; Smoke Detector(s); Public Restrooms Fencing: None Building Features: Display Window(s) Parking Features: Free; Paved Electric: SRP; 220 Volts Gas: None Water Source: City Franchise Sewer: Sewer - Public New Financing: Other (See Remarks) Lockbox Type: None Source of Fincl Data: Owner 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: Century 21 Northwest
Last Updated: October - 17 - 2019
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