N/NEC 19th Ave. & Thunderbird
Phoenix, AZ

Price $1,335,000
Size 12,024 SF
Price per SF $111.03 SF
Cap Rate 7.93% Actual/8.25% Proforma
Occupancy 91.7%
Year Built 1981

The subject property is a contemporary style strip retail center that was built in 1981. The buildings are configured in an “L” shape facing the intersection. There is a restaurant pad with a drive-thru in the middle of the center and a new Starbucks on the hard corner with a shared driveway that are not included with this offering. There is also a shared driveway with the strip center and restaurant pad to the west. A CVS Pharmacy and Bank of America are located on this intersection.

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