1,756 Transactions in 2021

8805 W. Union Hills Drive, Peoria, AZ 85382

Sold $1,275,000
Office
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
Phill Tomlinson
480-330-8897
480-522-2800

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