Description
2441 East Indian School Road is the opportunity to purchase a multi-tenant retail building in the highly sought-after Arcadia Lite sub-market which currently has a vacancy rate of 3.6%. The current rent roll contains French Method Salon, Harold Studios (art/craft workshop), and administrative offices for Legacy Healing Health Community. Currently, 2 of the leases (43% of the GLA) are on below-market short-term gross leases. The property is located on the highly trafficked Indian School Road which receives over 45K cars per day. In addition to high traffic counts, the 1-mile radius of average household income is 125,015 dollars with a median age of 36 years old. Lastly, the daytime population within 5 miles is 600K people.
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0BEDS
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0.39ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
2441 East Indian School Road is the opportunity to purchase a multi-tenant retail building in the highly sought-after Arcadia Lite sub-market which currently has a vacancy rate of 3.6%. The current rent roll contains French Method Salon, Harold Studios (art/craft workshop), and administrative offices for Legacy Healing Health Community. Currently, 2 of the leases (43% of the GLA) are on below-market short-term gross leases. The property is located on the highly trafficked Indian School Road which receives over 45K cars per day. In addition to high traffic counts, the 1-mile radius of average household income is 125,015 dollars with a median age of 36 years old. Lastly, the daytime population within 5 miles is 600K people.
© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Panozzo Team | HomeSmart. Data last updated 2023-11-30T15:15:25.71.