Tag Archives: Investment Property

Just Sold: Investment Property

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Just Sold: Crescent Moon Condominiums

510 E 10th Ave, Apache Junction, AZ 85119

  • Price: $380,000
  • 7.5% Cap Rate

The Residential Condos located west of S. Royal Palm Rd and E Old West Highway closed on October 9th for $380,000. COBE Real Estate broker Brad Broyles represented the seller.

Sale Highlights

  • Fully Leased Residential Condos sold for $380,000
  • Excellent Investment Property with a Cap Rate of 7.50%
  • Each 867 SF Unit Includes: 2 Bedrooms, 2 Bathrooms, Kitchen, Living Room, Dining Room and Patio
  • Less than 1/2 mile from Newly Expanded Central Arizona College
  • 1.5 miles from US 60 Superstition Freeway, with Hiking, Shopping and Restaurants Nearby

 

For more information contact:

BRAD BROYLES
VP, Sales & Leasing
COBE Real Estate

2152 S Vineyard, Suite 116
Mesa, AZ 85210

(O) 480.610.2400
(F) 480.610.2407

 

For Sale: 417,711 SF Investment Property

Investment Property: Auto/RV Sales & Repair

Address: 2260 East Main Street , Mesa, AZ 85213

  • Price: $9.33 / SF
  • Lot Size: 417,711 SF
  • Building Size: 18,211 SF
  • Year Built: 2000
  • Zoning: GC- General Commercial

Fantastic 417,711 SF Investment Property for Sale for $9.33/SF. Fully leased Gated Property with 6,076 SF Office Building, 9,735 SF Service Repair Garage and 2,400 SF Material Shelter centrally located in Mesa, minutes from the US-60 and Downtown Mesa.

Located at the corner of 22nd pl and Main Street in Mesa. Highly visible location. Over 17,800 VPD between N Gilbert and S Windsor, with 835ft of Main St Frontage. Centrally located less than 3 miles to US-60 or Downtown Mesa

  • Fantastic 417,711 SF Investment Property For Sale for $9.33/SF.
  • Fully leased Gated Property with 6,076 SF Office Building, 9,735 SF Service Repair Garage and 2,400 SF Material Shelter
  • Monument Signage Available
  • Strong Stable Tenants- Desert Autoplex, in Business since 1998
  • Centrally located minutes from the US-60 and Downtown Mesa.
  • Close to Gilbert & Main Lightrail stop, part of the Lightrail Expansion Project

For more information contact:

BRAD BROYLES
VP, Sales & Leasing
COBE Real Estate

2152 S Vineyard, Suite 116
Mesa, AZ 85210

(O) 480.610.2400
(F) 480.610.2407

For more available COBE  investment properties click here: //www.coberealestate.com/property-search/

Automotive Investment Property – Just Closed

February 3, 2016 – COBE Real Estate brokers,  Brad Broyles and Steve Beck, recently secured the sale of 4508 N 7th Ave. in Phoenix, AZ.  The property was purchased by S&L Property Management, LLC as an investment sale for $800,000.   At the time of purchase, the multi-tenant automotive repair property was 100% leased.  COBE Real Estate represented the seller, Sunbelt Lube Investors Inc. in the transaction.  COBE Real Estate has multiple investment properties currently for sale with Cap Rates 8% and higher.  Click Here for Property Search

Higley Retail Center Investment Sale Just Closed

This entry was posted in Retail and tagged , , on by .

January 25, 2016 – COBE Real Estate brokers, TJ Zaharis,  Brad Broyles and Steve Beck recently secured the sale of 866 S Higley Rd in Gilbert, AZ.  The property was purchased by Stenehjem Holdings as an investment sale for $2,900,000 ($295/SF).  Higley Center, a 9,842 SF multi-tenant freestanding retail building, is anchored by national tenant O’Reilly Auto Parts.   At the time of purchase, the property was 100% leased.  COBE Real Estate represented both parties in the transaction.  For additional retail investment opportunity, click here: Plaza at the Orchards

Investment Sale in Gilbert AZ – Just Closed

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January 6, 2016 – COBE Real Estate brokers, Brad Broyles and Steve Beck recently secured the sale of 1355 S Higley Rd, Ste 101 in Gilbert, AZ.  The property was purchased by McQueen Farm, LLC as an investment sale for $458,000 ($220/SF).  Industrial Hand and Physical Therapy, Inc is leasing the property on a long term lease.  Brad Broyles and Steve Beck represented the owners, SKJR Investors, LLC in the sale.  IHPT – Physical Therapy is currently leasing an additional property that is also for sale at 8410 W Thomas Rd, Unit 136 in Phoenix :  8410 W Thomas Rd #136, Phoenix – Investment Sale Info