425 South Mill Avenue

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425 South Mill Avenue

Tempe, AZ 85281
Asking Price
Contact for price
Asset Type
Creative Office Retail
Class
Class B

What's Special

425 South Mill Ave :: A Rare Owner-User Opportunity in the Heart of Downtown Tempe! <p><strong>IDEAL OWNER-USER, CREATIVE LOFT OFFICE OPPORTUNITY</strong></p><p>with ground floor retail/restaurant amenities</p><p></p><p><strong>SIGNAGE & BRANDING</strong></p><p>high-visibility storefront, 30,000+ pedestrians/day</p><p></p><p><strong>WALKING DISTANCE TO ARIZONA STATE UNIVERSITY</strong></p><p>a major economic engine, which has been ranked #1 in innovation for 11 straight years</p><p></p><p><strong>HIGH QUALITY DEVELOPMENT</strong></p><p>utilizing institutional quality building m

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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