Address: 109 E Valley View Dr, Phoenix, AZ 85042
Courtesy of: Meese & Associates, Inc.
This is an INVESTMENT OPPORTUNITY. The Tenant, AZ Aspire, LLC recently opened this location with a 3 year lease and 2 additional 3 yr extensions. Net income of $31,000 creating a 6.8%average CAP rate. Class A 26,809 sq.ft. Neighborhood Shopping Center comprised of 3 buildings and is a retail and professional center. This development is at the center of activity in Litchfield Park, Palm Valley, Goodyear,and Avondale. The current occupants are: a dance studio, Alhambra Credit Union, women's dress shop,State Farm, cafe, spa, nail salon, hair salon, window blinds distributor, music school,math academy, and a martial arts studio.