8425 S. Emerald Drive #103
Tempe, AZ

Price $585,000
Building Area 2,976 SF
Land Area 0.068 Acres
Price per SF $196.57
Occupancy 100%
Cap Rate (Actual) 7.85
Cap Rate (Proforma) 7.35
Year Built 2007

The subject property is an attractive and modern high visibility, high traffic retail condominium that was built in 2007. The property is in a prime location directly across the street from the only IKEA sto raise rents over time. The existing lease provides for 3% annual rent increases.

Download the Emerald Design Center Sales Flyer