432 E Southern Ave, Phoenix, AZ 85040

Sarder Building

Monument sign and great 178 of frontage on Southern. GREAT frontage on Southern Ave of almost178' Currently tenants in all suites except STE 1 set up as a 2200 sq ft dental office but use can bemodified, as well. All tenants are month-to-month giving a buyer flexibility to use enture building orcombine suites for a large space, etc. Building features ample parking. The building-face has a signageopportunity and is centrally located in the evolving South Phoenix community, within a mixed residential& retail hub. Only half-mile from Foothill Center, at Central and Southern. Tenants include retail storessuch as Osco Drug, Phoenix Ranch Market, and H & R Block, a financial service company. On average22,000 vehicles on Southern between Central and 7th St. during a 24-hour period. The property isimmediately south of Interstate 10 & Phoenix Sky Harbor Airport. Zoned C-1 Neighborhood Commercial,and it is also within the South Phoenix Village and Target Area B Design Overlay District.

Price: $1,025,000

Lots of homes in the area and not a lot of services

Growing city evolving this submarket

Month-to month tenants

Southern frontage

View the full listing here: https://www.loopnet.com/Listing/432-E-Southern-Ave-Phoenix-AZ/14136887/

Price: $1,025,000

Property Type: Retail

Property Sub-type: Storefront Retail/Office

Building Class: C

Sale Type: Investment or Owner User

Cap Rate: 6.70%

Lot Size: 0.72 AC

Gross Leasable Area: 8,853 SF

No. Stories: 1

Year Built: 1967

Tenancy: Multiple

Parking Ratio: 5/1,000 SF

Clear Ceiling Height: 12 FT

No. Dock-HighDoors/Loading:

0

Zoning Description: C-1, Phoenix

432 E Southern Ave, Phoenix, AZ 85040

Property Details

Sarder Building

Major Tenant Information

Tenant SF Occupied Lease ExpiredChurch 1,100 month-to-month

Dentist Suite- Currently Vacant

2,200 month-to-month

Le Barber Shop 1,000 month-to-month

Nails 1,400 month-to-month

Tooties- clothing/shoes 2,500 month-to-month

432 E Southern Ave, Phoenix, AZ 85040

Sarder Building

432 E Southern Ave, Phoenix, AZ 85040

Location

Sarder Building

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432 E Southern Ave, Phoenix, AZ 85040

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Sarder Building

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432 E Southern Ave, Phoenix, AZ 85040

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Sarder Building

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432 E Southern Ave, Phoenix, AZ 85040

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Sarder Building

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432 E Southern Ave, Phoenix, AZ 85040

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Sarder Building

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432 E Southern Ave, Phoenix, AZ 85040

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Sarder Building

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432 E Southern Ave, Phoenix, AZ 85040

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Sarder Building