4325 S 48th Street, Tempe, AZ 85282

$1,900,000
9,657
SqFt

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Sold Price
$1,900,000
List Price
$1,950,000

Property Description

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.

Courtesy of R.O.I. Properties. 602-615-1908 Selling Office: Non-MLS Office.

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