Address
11819 N SAGUARO Boulevard, Fountain Hills, AZ
Price
$ 925,000
Property Attributes
  • MLS#6485857
  • TypePending
  • CountyMARICOPA
  • CityFountain Hills
  • NeighborhoodFOUNTAIN HILLS AZ 302A
  • Zip85268
  • StyleComm/Industry Sale
  • Year Built1979
  • Taxes$ 7055
  • Price$ 925,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4320
  • Lot Size0.5 Acres
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Automotive Center in Fountain Hills for sale. The property has a 10-year (NNN) lease in place with a current expiration date in Q1 2031. The current net operating income for 2022 is $60,000, resulting in a rate of $1.16/NNN. The lease has built-in 3% annual increases through the expiration of the lease. The tenant is responsible for real property taxes, insurance, and maintenance/repairs.

Price History
10/3/2023 Listed $925,000

General Features

Sewer Other
Heating Other,See Remarks
Cooling See Remarks,Other
Roof See Remarks
Zoning C-3
Construction Materials Tilt-Up
Year Built 1979
Electric Other (See Remarks)
Township 3N
Tax Year 2021
Percent Ownership Fee Simple
Gross Income 0.0
Business Type See Remarks,Automobile
County Maricopa
Net Operating Income 60000.0
Operating Expense 7055.0
Property Type Comm/Industry Sale
Subdivision Name FOUNTAIN HILLS AZ 302A
Status Pending
Directions Head South on AZ-51,take AZ-202 E exit continue to exit 13 toward AZ-87 for 14 miles. Then use the left two lanes to turn left onto E Shae Blvd,turn right onto Saguaro Blvd,property is on the right
City Fountain Hills
Buyer Agent Compensation 3.00
Disclosures Other (See Remarks)
View Y/N No
Open Parking Spaces 0.0
Lot Size Square Feet 21780.0
Carport Y/N No
Street Name SAGUARO
Tax Annual Amount 7055.0
Lease Renewal Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 480
Structure Type Other (See Remarks)
Standard Status Pending
Tax Lot 10
Cap Rate 6.49
MobileHomeRemainsYN No
Buyer Agent Compensation Type %
Ownership Fee Simple
Senior Community No

Interior Features

Flooring Other
Street Suffix Boulevard
Electric On Property Y/N No

Exterior Features

Fencing Other,See Remarks
Parking Features Other (See Remarks)
Water Source Other,See Remarks
Total Parking 0.0
Lot Size Area 21780.0
Number of Buildings 1
Spa No
Lot Size Acres 0.5
Lot Size Units Square Feet
Covered Spaces 0.0
Crops Included Y/N No
Open Parking Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 85268

Price
AVG $870K
$930K
Taxes
AVG $2,478
$7,055
Visits
AVG 253
37
Data Provided by Inside Real Estate®
Year Built
AVG 1997
1979

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