1851 S 19th Ave - Specialty FOR SALE


Phoenix, AZ 85009- Central City South
$3,991,274 USD
602-300-4112
1851 S 19th Ave, Phoenix, AZ for Sale
$3,991,274 USD
Specialty - FOR SALE
1/5
null | 7% Cap Rate

1851 S 19th Ave
Phoenix, AZ 85009
Central City South


HIGHLIGHTS

  • Zoned for both heavy and light industrial development.
  • Next door to freeway, seconds from interchange.
  • Fully leased with growth potential.

OVERVIEW

Prime 2.6-acre, extremely rare infill A1/A2 Zoned Industrial investment property, in an Opportunity Zone, fronting the I-17 Interstate. The property is 100% leased to two strong tenants. The primary tenant, Ancora (a subsidiary of Lindenwood Education System), operates under a triple-net (NNN) lease extending through November 2030. The secondary tenant, Summit Brick Company, a masonry fabricator and distributor founded in 1902, occupies the remaining space on a month-to-month gross lease and has recently expressed interest in securing a long-term lease. This is an exceptional opportunity to acquire a fully leased, low-maintenance commercial property with strong income potential in a high-traffic, high-exposure location. Note: The billboard has a permanent easement and is not included in the sale.

FOR SALE DETAILS

PRICE

$3,991,274 USD

PRICE/SF

$35 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.6 AC

LAND SF

113,099 SF

ZONING

A-1/A-2

APN/PARCEL ID

105-31-133A

ASK ABOUT THIS PROPERTY

Bret IsbellKidder MathewsMore Info
602-300-4112

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Bret IsbellKidder MathewsMore Info
602-300-4112

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