11819 N Saguaro Boulevard, Fountain Hills, AZ 85268
- $910,000
- 4,320
- SqFt
- Sold Price
- $910,000
- List Price
- $925,000
- Closing Date
- Jun 07, 2024
- Days on Market
- 577
- Status
- CLOSED
- MLS#
- 6485857
- City
- Fountain Hills
- Living SQFT
- 4,320
- Lot Size
- 21,780
- Subdivision
- Fountain Hills Az 302a
- Year Built
- 1979
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.
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Additional Information
- Acres
- 0.50
- Construction
- Concrete
- Cooling
- Other, See Remarks
- Fencing
- Other, See Remarks
- Flooring
- Other
- Heating
- Other, See Remarks
- Living Area
- 4,320
- Lot Size
- 21,780
- Parking Features
- Other
- Roofing
- Other
- Sewer
- Other
- Subdivision
- Fountain Hills Az 302a
- Taxes
- $7,055
- Tax Year
- 2021
- Water
- Other, See Remarks
- Zoning
- C-3
Courtesy of R.O.I. Properties. 602-319-1326 Selling Office: Keller Williams Arizona Realty.
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