Description
2501 East Indian School Road is the opportunity to purchase a single tenant net leased building in the highly sought-after Arcadia Lite sub-market which currently has a vacancy rate of 3.6%. Current ownership remodeled the property in 2021 when the 5-year lease was executed with the current tenant. In 2021, the property received a new parking lot, and new paint, in addition to exterior repairs to the property. The property is located on the highly trafficked Indian School Road which receives over 45K cars per day. In addition to high traffic counts, the 1-mile radius of average household income is 125,015 dollars with a median age of 36 years old. Lastly, the daytime population within 5 miles is 600K people.
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0BEDS
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0.2ACRES
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0BATHS
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01/2 BATHS
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2,450SQFT
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$378$/SQFT
School Ratings & Info
Description
2501 East Indian School Road is the opportunity to purchase a single tenant net leased building in the highly sought-after Arcadia Lite sub-market which currently has a vacancy rate of 3.6%. Current ownership remodeled the property in 2021 when the 5-year lease was executed with the current tenant. In 2021, the property received a new parking lot, and new paint, in addition to exterior repairs to the property. The property is located on the highly trafficked Indian School Road which receives over 45K cars per day. In addition to high traffic counts, the 1-mile radius of average household income is 125,015 dollars with a median age of 36 years old. Lastly, the daytime population within 5 miles is 600K people.
© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Andrew Tibbs | RE/MAX Fine Properties. Data last updated 2023-12-09T09:13:34.79.