4718 S Higley Rd

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4718 S Higley Rd

Gilbert, AZ 85297
Asking Price
Contact for price
Asset Type
Bank Retail
Class
Class B

What's Special

Former Bank with Drive Thru Available for Sale | 4,281 SqFt <ul><li>​The population in a five-mile radius is ±239,885 (Source: ESRI)</li><li>​Over 51,000 vehicles per day at the intersection with ±28,483 vehicles per day Higley Road and ±22,538 vehicles per day on Queen Creek Road</li><li>​The site has a strong average household income of ±$204,454 per year within a one-mile radius (Source: ESRI)</li><li>​Employee/Daytime population of over 203,000 within a 5 mile radius</li><li>​Approximately 2.5 miles from Loop 202 with over ±163,745 vehicles per day</

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times