620 E American Ave

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620 E American Ave

Oracle, AZ 85623
Asking Price
$250K
Cap Rate
8.45%
Asset Type
Shopping Center Retail
Class
Class B

What's Special

Main road frontage and parking with future growth potential! <ul><li>​100% LEASED MULTI-TENANT BUILDING - Diverse mix of established local tenants providing in-place income.</li><li>​STABILIZED IN-PLACE INCOME - Post-COVID stabilization with 100% occupancy and new lease renewals.</li><li>​LONG-TERM HARDWARE STORE LEASE - Anchor tenant with approx. 3-4 year lease in place.</li><li>​MAIN ROAD FRONTAGE & PARKING - Excellent visibility, signage opportunities and 20 on-site parking spaces.</li><li>​FUTURE RENT GROWTH POTENTIAL - Below market rents offer opport

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NOI
$80,000
Cap Rate
32.00%
DSCR
5.39
Strong
Cash-on-Cash
86.88%
Monthly Payment
$1,236.859
Annual Cash Flow
$65,157.696

Location & Travel Times