16265 E Peak Lane, Red Rock, AZ 85245
16265 E Peak Lane, Red Rock, AZ 85245
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$1,320,000
Est. payment /mo
2,400 SqFt
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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $550

MLS Listing ID 22502885

Year Built 1987

Annual Tax Amount $3,396

Tax Year 2020

Lot Size 4.210 Acres

Acres 4.21

Property Sub-Type Retail

Property Description

NNN Lease in year 12 of 20 year lease; 3% annual increases; Current Mo. Rent at $5,536.93 and Annualized at $66,443.16; Next 3% increase on 11.01.2023 with increased Mo. Rent Adjustment of $5,703.02.Zoning: CB-2, Pinal County - Commercial CB-2 GENERAL BUSINESS ZONE Any use permitted in PCDSC 2.85.010(B) through (J) (TR transitional zone) and in PCDSC 2.90.010 (CB-1)

Location

State AZ

County Pinal

Area Pinal

Zoning Other - CB2

Building

Sewer Septic

Others

Acceptable Financing Cash, Conventional, Submit

Listing Terms Cash, Conventional, Submit

Special Listing Condition None


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MLS OF ARIZONA (MLSAZ) / Tucson Association of REALTORS®(TAR MLS)
Listed by Buckelew Realty

Nearby Locations

Michael J Martinez
Michael J Martinez

Agent | SA SA669644000

+1(520) 971-3475 | mjm@realtyexecutives.com

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