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Chris Durham
RE/MAX Excalibur

21803 N. Scottsdale Rd. #100
Scottsdale, AZ 85255
Phone: (602) 663-4743
Fax: (602) 445-9388
Email: Chris@AzProp.com

FEATURED INVESTMENTS

Own a Circle K! - $1,168,765

Great location in downtown Phoenix. Strictly a NNN opportunity with NO landlord responsibility. Built in 1987 with 5-year options and two 10-year options. This is a 15,275 sqft corner lot.  View this property

 

Leased to The Arizona DPS - $2,187,500

The existing lease has 9 years left with a 6% increase at year 6.  This property consists of a 9,000 sqft masonry building and a metal shop. DPS uses this for their vehicle storage, maintenance and impound storage.  This investment is an 8% cap with very little landlord responsibility!    View this property

Canyon State Bus Sales Building - $900,000

This is a 8,800 sqft building and 4,800 sqft service bay. Canyon State Sales is the premier school bus sales company in Arizona. The existing lease extends through April 2018. A cap rate of 9.4%!   View this property

28,725 sqft Self Storage Facility - $1,335,000

This facility was built in 1989 and is at 73% occupancy.  The property consists of 6 storage buildings totaling 21,525 rentable sqft. Includes bay storage, parking storage and office suites. Located in Glendale on 1.41 acres.     View this property

 

Park Thomas Industrial Park - $1,710,000

Multi-tenant industrial park building located in Phoenix. This investment is 20,851 sqft  Flex space investment with 94% occupancy!  Built in 1998 and has multiple stable tenants yielding an 8.7% cap rate.     View this property

 

Jefferson Industrial - $465,000

Located near downtown Phoenix and near the light rail.  0.5 acre lot with a fenced yard.  Building includes an office, showroom, two restrooms, kitchen and conference room. 9.0% cap rate and owner is willing to lease back for 2 years at $3,500/mo.     View this property

 

Shops on Southern - $1,704,000

Retail multi-tenant 7,586 sqft strip center. 100% leased with an excellent mix of tenants. Located on a busy intersection near downtown Phoenix. An 8.5 cap on the day you own it!      View this property

 

Thomas West Office Building - $595,000

Two-story 13,978 sqft. office building built in 1982 located near Black Canyon Freeway. 71% occupied and offered at only $42.57/sqft!      View this property

 

 

Thunderbird Landing Retail Plaza - $949,000

100% occupied multi-tenant retail plaza. 5,052 sqft with 3 tenants and 5-year leases. This property has been refurbished. Available immediately with a 7.43% cap.      View this property

 

Arizona DPS Office & Vehicle Storage - $435,000

Existing lease with The State of Arizona until 2024. DPS has recently requested the authorization to move forward with additional capital improvements. $25,650 Net Operating Income and a cap of 6.0%.    View this property

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