Tempe, AZ 85282 4325 S 48th Street
$1,950,000
Pending
1 more
Presented By:
SQFT • 9,657
Home Details
The Vineyard Plaza at 4325 S 48th Street is a fully occupied strip center in the thriving Tempe submarket. Tenants are paying rents averaging 22% below market, presenting strong value-add potential and future rent growth. Offered well below replacement cost at a 7% in-place cap rate, this multi-tenant center is surrounded by new developments and offers easy access to the 60, 10, and 143 Highways.
Presented By:
Interior Features for 4325 S 48th Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringConcrete
Heating Y/NYes
General for 4325 S 48th Street
Attached Garage No
Business TypeMixed, Other, Retail
Carport Y/NNo
CityTempe
Construction MaterialsBlock
CoolingCentral Air
CountyMaricopa
DirectionsHead east on your current road, turn right onto S 48th St, continue for 1 mile, then turn left onto S 48th Pl. The destination, 4325 S 48th Pl, will be on your left.
DisclosuresOther (See Remarks), None
ElectricSRP
Electric On Property Y/NNo
Gross Income0.0
HeatingElectric
Leasable Area1200.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet39857.0
Lot Size UnitsSquare Feet
MobileHomeRemainsYNNo
Net Operating Income0.0
Occupancy TypeTenant
Open Parking Spaces0.0
OwnershipFee Simple
OwnershipFee Simple
Property TypeComm/Industry Sale
Rent Control Y/NNo
RoofBuilt-Up
Senior CommunityN
SewerPublic Sewer
Standard StatusPending
StatusPending
Structure TypeOther (See Remarks), Commercial
Subdivision NameKNOELL GARDEN GROVES UNIT 3
Tax Annual Amount21370.0
Tax LotTRACT A
Tax Year2023
Township1N
Year Built1988
ZoningCSS
Exterior for 4325 S 48th Street
Covered Spaces49.0
Crops Included Y/NNo
FencingNone
Irrigation Water Rights Y/NNo
Lot Dimensions297.62 x 160.22 x 238.56 x 28.2 x 136.23
Lot Size Acres0.92
Lot Size Area39857.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesFree
Road Surface TypeGravel
SpaNo
Total Parking49.0
Water SourceCity Franchise
Additional Details
Price History
Tyler Ford
Agent
