1830 W Colter St - Office FOR SALE


Phoenix, AZ 85015- Midtown Phoenix
$1,360,000 USD
480-696-9886
1830 W Colter St, Phoenix, AZ for Sale
$1,360,000 USD
Office - FOR SALE
1/18
null | 6.6% Cap Rate

1830 W Colter St
Phoenix, AZ 85015
Midtown Phoenix


OVERVIEW

Value-Add retail/office Asset with Strong Upside Potential • 9,056 SF rentable • Additional value add opportunity includes 1800 SF with HVAC ducting, plumbing and Drywalls already in place, allowing new owner to complete the build-out potentially increase the rentable square footage and income • Each unit has its own full bathroom except one unit with a half bath room only, offering convenience and flexibility for a wide range of service-based tenants or office • 90% occupancy with below-market rents, immediate value-add opportunity • Offered below replacement cost • Opportunity Zone: Tax benefits • Strategic Phoenix Location • about 1 mile to highway access • Under 15 minutes to Phoenix Sky Harbor International Airport • Within 25 minutes to TSMC & semiconductor corridor • Ideal for investors seeking stable income and value-added opportunity

FOR SALE DETAILS

PRICE

$1,360,000 USD

PRICE/SF

$150 USD /SF

CAP RATE

6.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

C-O

APN/PARCEL ID

156-36-015,156-36-016

ASK ABOUT THIS PROPERTY

David ZhaoDr. Win RealtyMore Info
480-696-9886

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David ZhaoDr. Win RealtyMore Info
480-696-9886

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.