2024 N 7th St - Medical FOR SALE


Phoenix, AZ 85006- Encanto
$1,700,000 USD
480-287-5200
2024 N 7th St, Phoenix, AZ for Sale
$1,700,000 USD
Medical - FOR SALE
1/43
null | 6.66% Cap Rate

2024 N 7th St
Phoenix, AZ 85006
Encanto


OVERVIEW

Located at 379 E Monte Vista (tax records show different address) in Phoenix, this 6,252 SF, single-story office building—built in 1981 with durable masonry/reinforced concrete tilt-up construction—is fully leased to individual wellness practitioners. Situated on a 0.144-acre lot, this asset benefits from a prime commercial location in a C-T/C-O zoned area close to downtown. With a consistent tax assessment history that reflects ongoing value appreciation, this property presents a great opportunity for the holistic-minded entrepreneur looking for a stable, income-producing investment.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$276 USD /SF

CAP RATE

6.66%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Urban Wellness

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

C-T

APN/PARCEL ID

118-53-090,118-53-091

ASK ABOUT THIS PROPERTY

Brad KimmelmanRuss Lyon Sotheby's International RealtyMore Info
480-287-5200

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Brad KimmelmanRuss Lyon Sotheby's International RealtyMore Info
480-287-5200

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