432 E Southern Ave, Phoenix, AZ 85040

Sarder Building STE 1

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: $975,000

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: $975,000

Property Type: Retail

Property Sub-type: Storefront Retail/Office

Building Class: C

Sale Type: Investment

Cap Rate: 7.04%

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:

1

Zoning Description: C-1, Phoenix

432 E Southern Ave, Phoenix, AZ 85040

Property Details

Sarder Building STE 1

Major Tenant Information

Tenant SF Occupied Lease ExpiredDentist Suite CurrentlyVacant

2,200 January 2019

Le Barber Shop 1,000 January 2019

Nails 1,400 December 2018

No Occ 1,100 December 2018

Tooties clothing shoes 2,500 January 2019

432 E Southern Ave, Phoenix, AZ 85040

Sarder Building STE 1

432 E Southern Ave, Phoenix, AZ 85040

Location

Sarder Building STE 1

Building Photo Other

432 E Southern Ave, Phoenix, AZ 85040

Property Photos

Sarder Building STE 1

Building Photo Building Photo

432 E Southern Ave, Phoenix, AZ 85040

Property Photos

Sarder Building STE 1

Plat Map Other

432 E Southern Ave, Phoenix, AZ 85040

Property Photos

Sarder Building STE 1

Other Building Photo

432 E Southern Ave, Phoenix, AZ 85040

Property Photos

Sarder Building STE 1

Building Photo

432 E Southern Ave, Phoenix, AZ 85040

Property Photos

Sarder Building STE 1