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3075 W Dove Valley Rd
Phoenix, AZ 85085
Asking Price
$22.54M
Cap Rate
5.75%
Asset Type
Restaurant Retail
Class
Class B
What's Special
Retail | 5.75% CAP | 28,961 SqFt <ul><li><strong>Pointe 17 is 100% leased </strong>to an ideal mix of internet-resistant tenants</li><li><strong>All tenants have strong scheduled rent increases</strong>, compounding income growth</li><li>New high-quality construction with modern architectural features, providing<strong> low maintenance for future investor</strong></li><li>Rare opportunity to acquire a new construction retail property that has<strong> below market rents</strong></li><li><strong>Just off Interstate 17 </stro
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NOI
$80,000
Cap Rate
0.35%
DSCR
0.06
Underwater
Cash-on-Cash
-18.61%
Monthly Payment
$111,500.779
Annual Cash Flow
$-1,258,009.353
