1800 West Van Buren Street

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1800 West Van Buren Street

Phoenix, AZ 85007
Asking Price
$5.10M
Cap Rate
8.71%
Asset Type
Retail
Class
Class B

What's Special

Fully Occupied Mixed-Use Portfolio with NNN Retail and Multifamily Upside in Phoenix <ul><li>​Stabilized Retail Income with Upside in Residential Lease-Up: The Van Buren Portfolio presents a rare opportunity to acquire a fully occupied, stabilized retail asset delivering predictable cash flow through five-year NNN leases all of which have 4% annual increases. This structure offers investors minimal management responsibility and dependable income, while adjacent multifamily units—currently leased as both yearly rentals and Airbnbs—offer additional upside through lease-up strategi

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NOI
$80,000
Cap Rate
1.57%
DSCR
0.26
Underwater
Cash-on-Cash
-14.56%
Monthly Payment
$25,232.017
Annual Cash Flow
$-222,784.208

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