Mike Schulte
The Schulte Company

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Some of The Schulte Company Closed Commercial Investment transactions. These are only a few to illustrate experiance.

The Market Place at Broadway

Sold!

 

 

SOLD - Offering $3,900,000, sold at $3,750,000. Multi-Tenant Retail Investment Offering. Strategic location close to University of Arizona, El Con Mall, & Downtown Tucson. Dynamic new development across the street, including expanded Safeway Signature Store & new Starbuck's on opposite corners. Strong restaurant draw: Famous Sam's, Sushi Cho & Carl's Jr.
   

3900 West Costco Dr.
Shopping Center


Dynamic Retail Pub Across from Costco and Home Depot

 

 

SOLD SHORT SALE This 2007 built 11,519 square feet center is located across the street from Costco and Home Depot with Sportsman’s Warehouse and Savers down the street. The property was underperforming with 33% occupancy. The lender discounted the note balance by approximately $1 million for a cash payoff. This deal closed August 2009 at $1,585,000.
Flyer

Madera Business Park

Sold!

 

SOLD - Offering $3,091,200, sold at $2,800,000. Attractive business park. Concrete tilt construction, 3 buildings. Strong historic occupancy (100% for 4 yrs) Below market rents. Rising industrial market rents. Some leases NNN and some are gross.

1655 West Valencia
Midvale Park

Shopping Center

 

$1,089,000. 7.4% CAP! Strategically located heart of the vibrant Valencia Commercial Corridor. A host of major retailers surround the center led by Super Wal-Mart and Lowe's directly across the street, as well as Burger King, Carl's Jr., Blockbuster, Big 5, Taco Bell, Chili's, Walgreen's, Wendy's, Arby's, Radio Shack and Denny's, all within one sixth of a mile. The property is one half mile west of I-19, which is the interstate conecting Tucson to Nogales, Arizona and the border of Mexico, approximately 60 miles to the south. Besides its excellent retail location, one of the tenants is approximately $6.00/SF under the rate of adjacent spaces.
Flyer

 

444-450 West Prince Road
Four Tenant Auto Center


Four Tenant Auto Center

 

 

$777,000. 8.96% CAP! Solid historic financials! This is a well located 10,000 square foot four tenant auto center investment offering on a major arterial street. The self managing and leasing current owner built the property and has had strong occupancy. Professional leasing could enhance the center's performance. The demographics are perfect for auto repair uses! Good clear height and drive through 12' roll-up doors!
Flyer