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| Type: | Retail Space |
| Location: | 9897 W. McDowell Rd
Tolleson,Arizona 85353 |
| Price: | $39,523,108 - US Dollars |
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Description:
GREAT LOAN, GREAT LOAN, GREAT LOAN! THIS PROPERTY IS IDEAL FOR 1031 EXCHANGE BUYER THAT CAN CLOSE FAST. THE PROPERTY HAS AN EXISTING LOAN AS FOLLOWS: LOAN IN THE AMOUNT OF $34,000,000.00 AT A RATE OF 6.2%, 10 YEAR NOTE WITH A 1% ASSUMPTION FEE. INTEREST ONLY 8/11/07-7/11/12, P&I 08/11/12-01//1/17 AT A 30 YEAR AMORTIZATION. MATURES 01/11/17. The Crossroads at Tolleson offers 103,500 sq ft of gross leasable space at a high visibilty/easily accessible corner. This regional shopping center serves the residents of Avondale, Phoenix, Glendale & Litchfield. The Center is located at the SEC of 99th & MCDowell, at the elbow between two major highways, the I-10/101. Situated diagonally across from the Crossroads is Gateway Pavilions, a 75 acre development anchored by Costco, Harkin Theaters, Borders Books, Circuit City, Bed, Bath & Beyond, Starbucks & other major retailers. Easy and immediate access. The immediate trade area population estimate is over 243,000 and is expected to grow by 20% by the year 2012. Commission is 1% to Buyers Broker based upon an at list offer, any offer other then list, is subject to negoitiation by Seller. 7.50 Cap
Additional Information:
| Sale_Type: | For Sale | | Square Feet: | 103500 | | Number Bathrooms: | 0.0 | | Number Stories: | 1 | | Lot Size-Acreage: | 11.870 | | Water Source: | City | | Price: | $39,523,108 - US Dollars |
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Contact Information:
(You may contact the seller by email or phone)
Click here for seller's contact information
Listing #: 2069495
Visitors: 168
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