Single Tenant Industrial Building on Five Acres

Listing was updated at: 04/23/2020
Property Overview
Price/Rent PSF $ 1,325,000.00
Asset Type Industrial
Trade Type Sale
SQ. FT. Available 12,000
Date Available 08/23/2018
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The common address is 12345 NW Grand Ave (formerly known as 501 Northrup Ave), El Mirage AZ. Located on US Hwy 60 (Grand Ave / Phoenix-Wickenburg Hwy) at the far north side of the City of El Mirage AZ, between the communities of Surprise and Sun City. It is approx. 40 minutes northwest of Phoenix.

The property is on the southwest side of Grand Ave, directly behind Coury's Grand Plaza, a retail center which includes Food City, 99 Cents Plus, and A&A Tire & Auto Repair.

Metal industrial building on 5 acres. Single tenant lease to Merchant Metals (MMI Products, Inc), a wholesale fencing company, since 2010. Lease has been extended through April, 2020. Redevelopment potential for entire property. 2017 Taxes: $19,363 (tenant pays).