$ 4,100,000
2402 S Central Avenue Phoenix, AZ 85004
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$ 4,100,000
Est. payment | /mo
1.32 Acres Lot
$ 4,100,000
Est. payment | /mo
1.32 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Alkire Tract Lots 8-17
MLS Listing ID 6786672
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1983
Annual Tax Amount $174,919
Tax Year 2024
Lot Size 1.320 Acres
Acres 1.32
Property Description
Sale Price: $4,100,000 ($189.83/PSF) | Cap Rate: ±5.95%
NOI: ± $ 244,223
Stabilized Two Tenant Investment with Long Term Leases
Building Size: ±21,598 Sf
Multi-Tenant Property Potentially Divisible to 6-8 Bays
2 Tenants in Place: Tenant 1: ±12,324 Sf Tenant 2: ±9,274 SF
Shared Fenced And Secured Yard
Located Next to the New Light Rail, I-17, Us 60 & I-10
Many Recent Upgrades & Interior/Exterior Improvements
Including: New Asphalt, Paint, Roof Recoating, Tenant Improvements
NOI: ± $ 244,223
Stabilized Two Tenant Investment with Long Term Leases
Building Size: ±21,598 Sf
Multi-Tenant Property Potentially Divisible to 6-8 Bays
2 Tenants in Place: Tenant 1: ±12,324 Sf Tenant 2: ±9,274 SF
Shared Fenced And Secured Yard
Located Next to the New Light Rail, I-17, Us 60 & I-10
Many Recent Upgrades & Interior/Exterior Improvements
Including: New Asphalt, Paint, Roof Recoating, Tenant Improvements
Location
State AZ
County Maricopa
Community Alkire Tract Lots 8-17
Zoning C-3
Interior
Heating Other
Cooling Other
Flooring Other
Exterior
Garage Other (See Remarks)
Fence Other
Roof Type See Remarks
Building
Dwelling Type Industrial,Office
Sewer Other
Water Other
New Construction No
Others
Senior Community No
Tax ID 112-46-009
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Listed by Cutler Commercial
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Bryan Choate
Associate Broker, REALTOR® | Lic# BR106439000