1050 E RILEY Drive, A, Avondale, AZ 85323 (MLS# 6445002)

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1050 E RILEY Drive, A, Avondale, AZ 85323

$15,389,000
Property Type: Comm/Industry Sale Square Footage: 35,310 Lot Size (sq. ft.): 172,483 Status: Active
Current Price: $15,389,000 List Date: 8/04/2022 Last Modified: 1/31/2024

Description

Seller Lease Back (5 yrs) CAP Rate of 5%

More Information MLS# 6445002

Contract Info

Current Price: $15,389,000 List Price: $15,389,000 Status: Active List Date: 2022-08-02 Ownership: Fee Simple Subagents: N Buyer/Broker: Y Buyer Broker $/%: %

Location, Tax & Legal

Map Code/Grid: Q29 House Number: 1050 Compass: E Street Name: RILEY St Suffix: Drive Unit #: A City/Town Code: Avondale State/Province: AZ Zip Code: 85323 Zip4: 2002 Country: USA County Code: Maricopa Legal Description (Abbrev): MINOR LAND DIVISION Subdivision: Executive West Building Assessor's Map #: 26 Assessor's Parcel #: 6 Add'l Parcels: Yes Assessor Number: 500-26-006 Census Tract: 61200 Legal: MINOR LAND DIVISION MCR 1026-02 Tax Municipality: Avondale Taxes: 50581 Tax Year: 2021

General Property Description

Ttl Apx SqFt Bldg: 35310 # of Buildings: 1 Year Built: 2009 Uncvrd Parking Spcs: 20 Zoning: I-2

Remarks & Misc

Cross Street: Van Buren & Eliseo C Felix Geo Lat: 33.439566 Geo Lon: -112.335877

Status Change Info

Status Change Date: 2022-08-04

Legal Info

Township: 1N Range: 1W Section: 11 Lot Number: 1

Income & Expenses

Owner Association: No Gross Annual Sch Inc: 1059300 Adjusted Gross Inc: 1059300 Net Operating Income: 1059300

Pmt & Rate Info

Cap Rate: 5 Equity: 21186000

Property Features

Building Type: Industrial; Office Current Use: Office; Warehouse Stories: 1 Story Construction: Block; Stucco; Metal Roofing: Other (See Remarks) Floors: Concrete; Carpet Ceiling Height: 10.1 Feet to 12 Feet; 12.1 Feet to 14 Feet; 16.1 Feet to 28 Feet; 28.1 Feet or Over Heating: Other; See Remarks Cooling: Central A/C; Office A/C; Warehouse A/C Loading Facilities: Dock High; Grade Level; Drive-in Door(s) Interior: Finished; Fire Sprinklers; Smoke Detector(s); Alarm System; Phone System; Private Restrooms Exterior: Corner Lot; Landscaping; Storage Yard; Pole Sign; Building Sign; Security Light(s); Security Camera(s); Other (See Remarks) Fencing: Block Amenities: Conference Room; Reception Room; Kitchen; Display Window(s) Parking: Private Parking; Paved Parking Electric: Other (See Remarks) Gas: None Water: City Franchise Sewer: Sewer - Public Freeway/Highway: 1.1 - 2 Miles Showing Notification Methods: Text Lockbox Type: None Source of Fincl Data: Provided by Owner Existing 1st Loan: SBA Roads/Streets: Asphalt Reports/Disclosures: None Environmental: Super Fund/WQARF/DOD
Listing Office: Realty ONE Group
Last Updated: January - 31 - 2024
1050 E RILEY Drive, A, Avondale, AZ 85323- MLS# 6445002
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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