8805 W. Union Hills Drive, Peoria, AZ 85382

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%