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213 Monroe Ave 2,450 SF Office Building Buckeye, AZ 85326 $923,438 CAD ($376.91 CAD/SF) 7.20% Cap Rate
Investment Highlights
- Rare abundance of parking and great signage in Heart of Downtown Buckeye
Executive Summary
Tenant just signed a new 5 year lease in May 2019.
Year 1 NOI $48,996 with 3 % annual increases
7.2% CAP
Year 1 NOI $48,996 with 3 % annual increases
7.2% CAP
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Office
Property Subtype
Medical
Building Size
2,450 SF
Building Class
B
Year Built/Renovated
1945/2019
Price
$923,438 CAD
Price Per SF
$376.91 CAD
Cap Rate
7.20%
NOI
$66,486 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,450 SF
Building FAR
0.30
Lot Size
0.19 AC
Zoning
C-C - Commercial
Parking
42 Spaces (17.14 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
1 1
Property Taxes
| Parcel Number | 400-27-036 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $35,862 CAD |
Property Taxes
Parcel Number
400-27-036
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$35,862 CAD
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213 Monroe Ave
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