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514 and 522 E Southern Ave
Phoenix, AZ 85040
Asking Price
$700K
Asset Type
Medical Office Industrial
Class
Class B
What's Special
Industrial <p>Price - $700,000.00</p><p>Both properties are zoned C-1</p><p>+/- 14,883 Square Foot Lot (.34 AC)</p><p>+/- 2,786 Combined Square Footage</p><p>Great redevelopment opportunity on a corner lot</p>
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NOI
$80,000
Cap Rate
11.43%
DSCR
1.92
Strong
Cash-on-Cash
18.31%
Monthly Payment
$3,463.218
Annual Cash Flow
$38,441.383
