Louis Mindes and Justin Mindes

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Listing provided courtesy of Buckelew Realty- MLS# 22502885MLS Provider

16265 E Peak LaneRed Rock, AZ 85245

Commercial · 2,400 Sq. ft. | 4.21 Acres
$1,320,000 Active

16265 E Peak Lane Overview

Time on Site:
516 days
Visits:
14

NNN Lease in year 12 of 20 year lease; 3% annual increases; Current Mo. Rent at $5,536.93 and Annualized at $66,443.16; Next 3% increase on 11.01.2023 with increased Mo. Rent Adjustment of $5,703.02. Zoning: CB-2, Pinal County - Commercial CB-2 GENERAL BUSINESS ZONE Any use permitted in PCDSC 2.85.010(B) through (J) (TR transitional zone) and in PCDSC 2.90.010 (CB-1)

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16265 E Peak Lane Facts & Features

  • Type Commercial
  • Sq. ft. 2,400
  • Price/Sq.ft. $550
  • Lot 4.21 Acres

Details

General

Income/Expenses

  • Net Operating Income: 66443.0

Building Information

  • Year Built: 1987

Location/Region

  • Country: US
  • County Or Parish: Pinal
  • MLS Area Major: Pinal
  • MLS Area Minor: Pinal

Tax Information

  • Tax Annual Amount: $3,396.56
  • Tax Year: 2020

General Information

  • Disclosures: Leases
  • Listing Terms: Conventional,Cash,Submit
  • Ownership: Investor
  • Parcel Number: 410-05-005B
  • Property Type: Commercial Sale
  • Special Listing Conditions: None
  • Zoning: Other - CB2

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 2400.0

General Information

  • Living Area Source: Assessor

Exterior

Lot Information

  • Lot Size Acres: 4.21
  • Lot Size Area: 4.21
  • Lot Size Dimensions: irregular
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7.0
  • Lot Size Units: Acres

Building Exterior/Construction

  • Construction Materials: Concrete Block

General Information

  • Sewer: Septic Tank

16265 E Peak Lane Neighborhood

Community

85245 (Red Rock) Demographics

Median Age
Population Density (per sq. mile)
College Educated
Estimated Median Income
Estimated Total Home Owners
Estimated Total Renters
/
Estimated Owner / Renter Divide
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

16265 E Peak Lane Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

16265 E Peak Lane Market Data

Based on the last 30 days in this zip code

$259,000
Average List Price
$145
Average Price per Square Foot
0
Properties Sold
73
Average Days on Market
1
Properties for Sale
Calculations provided by Reliance Network

16265 E Peak Lane History

Date Event Value Agent
2/2/2026Source: MLSSAZ - Tucson Added to Database
June 17, 2022
2/2/2026Source: MLSSAZ - Tucson Added to Database
January 30, 2025