1838 W Parkside Ln - Office FOR SALE


Phoenix, AZ 85027- Deer Valley
$5,500,000 USD
480-236-9511
1838 W Parkside Ln, Phoenix, AZ for Sale
$5,500,000 USD
Office - FOR SALE
1/17
null | 6.5% Cap Rate

1838 W Parkside Ln
Phoenix, AZ 85027
Deer Valley


OVERVIEW

Fully leased, freestanding, multi-tenant office building 100% occupied by six (6) quality tenants Modified Gross leases where tenants pay utilities and janitorial Monument signage for tenants Prominent Deer Valley location, a sought-after submarket, with numerous corporate & retail businesses nearby Minutes from Phoenix Deer Valley Airport, I-17 & Loop 101 Parking Ratio: 3.20/1,000 SF (91 total spaces) with covered parking Cross-Streets: Parkside Lane and 19th Avenue Ownership: Fee Simple In-place income with value add upside potential

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$193 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

19th Ave Corner Offices

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

77

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

IND PK, Phoenix

APN/PARCEL ID

209-02-107

ASK ABOUT THIS PROPERTY

Stuart Milne, CCIM, SIORMenlo Group Commercial Real EstateMore Info
480-236-9511

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Stuart Milne, CCIM, SIORMenlo Group Commercial Real EstateMore Info
480-236-9511

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