8805 W. Union Hills Drive, Peoria, AZ 85382
Description
Venture Professional Plaza
Office Sold - Peoria AZ
OFFERING SUMMARY
- 8805 W Union Hills, Peoria, AZ 85382
- Cap Rate: 7.43%
- NOI: $98,497
- Year Built: 1996
- Building Size: 7,968 SF
- Lot Size: 46,368 SF
- Property Name: Venture Professional Plaza
- Sale Price: $1,325,000
- Price PSF: $166.29
- Property Type: Office
- Type: Investment
- Class: B
- Stories: 2
- Zoning: C-2, City of Peoria
- Parcel #: 200-43-634
- Parking Ratio: 7/1,000 SF
Venture Professional Plaza is a two story, upscale building in west valley Arrowhead area. This multi-tenant office building is located along Union Hills Drive just west of the Loop 101 and close proximity to Arrowhead Town Center Shopping and restaurants.
Investment Highlights:
- +7,968 SF Office Building
- Includes Pad with Frontage on Union Hills Drive for Potential Build to Suit
- Seven (7) Tenants + Cell Tower
- Built in 1996
- 2019 NOI – $98,497
- Cap Rate – 7.43%
BROKER INFORMATION
Michael Douglas
(480) 634-2324
mdouglas@cpiaz.com
Phill Tomlinson
(480) 330-8897
ptomlinson@cpiaz.com
Property Features
- Office
- About
