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Submitted URL: https://pg7qm3n5.r.us-west-2.awstrack.me/L0/https:%2F%2Fbrevitas.com%2Fp%2F52kPWs7Nba%2Fchandler-az-pnc-bank%2F5a4362e6-e01c-4599-9325-85...
Effective URL: https://brevitas.com/p/52kPWs7Nba/chandler-az-pnc-bank/5a4362e6-e01c-4599-9325-8566e9b411a0?utm_medium=email
Submission: On May 08 via api from SG — Scanned from US

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Text Content

BREVITAS

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CHANDLER, AZ - PNC BANK


3045 E RIGGS RD, CHANDLER, AZ


For Sale
Retail




$3,700,000


PRICE




6.5%


CAP RATE


$240,706


NOI


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Last Updated: 04/22/2024
 * Overview
 * Description
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OVERVIEW

Cap Rate
6.5%

NOI
$240,706

Building Size
49,464 sqft

Lot Area
1.14 acres

Year Built
2011

Zoning
PAD: Planned Area Development


Offered by

Chuck Klein
Executive Managing Director
SRS Capital Markets
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Ed Beeh
Executive Vice President & Managing Principal
CP Partners
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TODAY'S AVAILABLE MORTGAGE RATES

3045 E Riggs Rd, Chandler, Arizona 85249

Choose Your Priority



Lowest Interest Rate Maximum Loan Amount Longest Fixed Period
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR
requirements and stated NOI for the property. If no NOI is present, a 5% Cap
rate is used by default.
Loan Amount
Rates as of 05/04/2024
BankLender #1459
5 Year Fixed
25 Year Amortization
Interest rate 6.7% 5 Year Fixed
Mo. Payment$16,541 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR
requirements and stated NOI for the property. If no NOI is present, a 5% Cap
rate is used by default. 65% LTV $0 Lender fees
Loan Amount $2,405,000 Loan Amount
Details
BankLender #1459
7 Year Fixed
25 Year Amortization
Interest rate 6.71% 7 Year Fixed
Mo. Payment$16,556 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR
requirements and stated NOI for the property. If no NOI is present, a 5% Cap
rate is used by default. 65% LTV $0 Lender fees
Loan Amount $2,405,000 Loan Amount
Details
Credit UnionLender #101
10 Year Fixed
25 Year Amortization
Interest rate 6.5% 10 Year Fixed
Mo. Payment$15,239 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR
requirements and stated NOI for the property. If no NOI is present, a 5% Cap
rate is used by default. 61% LTV $500 Lender fees
Loan Amount $2,257,000 Loan Amount
Details
BankLender #1459
5 Year Fixed
30 Year Amortization
Interest rate 6.7% 5 Year Fixed
Mo. Payment$16,713 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR
requirements and stated NOI for the property. If no NOI is present, a 5% Cap
rate is used by default. 70% LTV $0 Lender fees
Loan Amount $2,590,000 Loan Amount
Details
BankLender #1459
7 Year Fixed
30 Year Amortization
Interest rate 6.71% 7 Year Fixed
Mo. Payment$16,491 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR
requirements and stated NOI for the property. If no NOI is present, a 5% Cap
rate is used by default. 69% LTV $0 Lender fees
Loan Amount $2,553,000 Loan Amount
Details
BankLender #1459
10 Year Fixed
30 Year Amortization
Interest rate 6.7% 10 Year Fixed
Mo. Payment$16,713 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR
requirements and stated NOI for the property. If no NOI is present, a 5% Cap
rate is used by default. 70% LTV $0 Lender fees
Loan Amount $2,590,000 Loan Amount
Details
Credit UnionLender #85
10 Year Fixed
30 Year Amortization
Interest rate 7.5% 10 Year Fixed
Mo. Payment$15,264 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR
requirements and stated NOI for the property. If no NOI is present, a 5% Cap
rate is used by default. 59% LTV $0 Lender fees
Loan Amount $2,183,000 Loan Amount
Details
Credit UnionLender #101
10 Year Fixed
25 Year Amortization
Interest rate 7% 10 Year Fixed
Mo. Payment$7,845 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR
requirements and stated NOI for the property. If no NOI is present, a 5% Cap
rate is used by default. 30% LTV $500 Lender fees
Loan Amount $1,110,000 Loan Amount
Details
Credit UnionLender #116
10 Year Fixed
25 Year Amortization
Interest rate 6.95% 10 Year Fixed
Mo. Payment$14,839 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR
requirements and stated NOI for the property. If no NOI is present, a 5% Cap
rate is used by default. 57% LTV $1,000 Lender fees
Loan Amount $2,109,000 Loan Amount
Details
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