5435 W Myrtle Avenue

    Glendale, AZ 85301
    • $179,000
    • STATUS: Active
    • ON SITE: 25 days
    • MLS #: 5874316
    UPDATED: 39 min ago
    $179,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,800
      SQFT
    • $99
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1954
    County:
    Area:

    School Ratings & Info

    Description

    Single Tenant Leased Opportunity. 1,800 SF Daycare Facility Situated on 9,358 SF Lot. Zoned R-3, City of Glendale. New Five Year Lease (Commenced 10/01/2018), 3% Annual Rent Increases. New Roof. 9% Cap Rate.Tenant: Wee Kids, LLCTerm: 5 Year LeaseYear 1: $16,200.00/yearYear 2: $16,680.00/yearYear 3: $17,186.52/yearYear 4: $17,702.16/yearYear 5: $18,233.28/year

    Monthly Payment Calculator

    © 2019 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 Yost Realty Group at RE/MAX Casa Grande. Data last updated 2019-02-23T12:11:16.35.
    www.yosthomes.com/homes/91236941

    5435 W Myrtle Avenue Glendale, AZ 85301

    • Price: $179,000
    • Status: Active
    • Updated: 39 min ago
    • MLS #: 5874316
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    1,800
    SQFT
    $99
    $/SQFT
    1954
    Built
    Neighborhood:
    Park Place Blks 2,5,6
    County:
    Maricopa
    Area:
    Glendale
    Property Description
    Single Tenant Leased Opportunity. 1,800 SF Daycare Facility Situated on 9,358 SF Lot. Zoned R-3, City of Glendale. New Five Year Lease (Commenced 10/01/2018), 3% Annual Rent Increases. New Roof. 9% Cap Rate.Tenant: Wee Kids, LLCTerm: 5 Year LeaseYear 1: $16,200.00/yearYear 2: $16,680.00/yearYear 3: $17,186.52/yearYear 4: $17,702.16/yearYear 5: $18,233.28/year
    Exterior Features

    Construction Wood/Frame Covered Parking Spaces 0.00 Exterior Features Other (See Remarks) Fencing Other (See Remarks) Freeway Highway Other (See Remarks) Parking None Railroad Other (See Remarks) Roofing Comp Shingle Stories 1 Story Total Parking Spaces 0.00 Uncovered Parking Spaces 0.00

    Interior Features

    Amenities Other (See Remarks) Ceiling Height 8 Feet Or Less Cooling Other (See Remarks) Flooring Other (See Remarks) Heating Other (See Remarks) Interior Features Other (See Remarks)

    Property Features

    Adjusted Gross Inc 0.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 0.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Building Type Commercial Current Use Service Business Electric Other (See Remarks) Gas None Gross Annual Sch Inc 0.00 Hoa Fee 0.00 Hoa YN No Loading Facilities Other (See Remarks) Lot Number 7 Net Operating Income 16200.00 Other Income 0.00 Ownership Fee Simple Pad Fee 0.00 Sewer Other (See Remarks) Source Of Financial Data Other (See Remarks) Taxes 1326.56 Use Restrictions Other (See Remarks) Vacancy Allowance 0.00 Water None Zoning R-3

    Listing courtesy of Lee & Associates.
    © 2019 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 Yost Realty Group at RE/MAX Casa Grande. Data last updated 2019-02-23T12:11:16.35.
     
    Yost Realty Group at RE/MAX Casa Grande
    317 E. Cottonwood Lane, Suite C
    Casa Grande AZ, 85122