16233 North 83rd Avenue

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16233 North 83rd Avenue

Peoria, AZ 85382
Asking Price
$4.45M
Cap Rate
6%
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

Phoenix MSA | Across from MLB Spring Training Complex | Ultra-Dense Retail Corridor <ul><li>​<strong><u>Trophy Outparcel Location Across from MLB Spring Training Facility</u></strong> - positioned at the intersection of N 83rd Ave & W Paradise Ln, & less than a mile from Arizona State Route 10 with a combined 172,980 vehicles per day (VPD), offering great access off of the interstate; prime location on a signalized corner near a top visited shopping center in Arizona, capturing increased daily traffic. </li><li>​<strong><u>Phoenix MSA | AZ's Most Populated County | Consistent P

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NOI
$80,000
Cap Rate
1.80%
DSCR
0.30
Underwater
Cash-on-Cash
-13.80%
Monthly Payment
$22,035.962
Annual Cash Flow
$-184,431.542

Location & Travel Times