21501 N 78th Ave - R&D FOR SALE


Peoria, AZ 85382- North Peoria
$2,650,000 USD
602-703-4601
21501 N 78th Ave, Peoria, AZ for Sale
$2,650,000 USD
R&D - FOR SALE
1/30
null | 5.94% Cap Rate

NEW


21501 N 78th Ave
Peoria, AZ 85382
North Peoria


HIGHLIGHTS

  • Interior Fully Renovated in 2021. 100% leased rate. Flexibility of leases. Waiting list of interested parties.

OVERVIEW

Fully Leased Professional Office/Flex Building | 5,260 SF | Peoria, AZ | 5.94%% Cap Rate Property Address: 21501 N 78th Ave #100, Peoria, AZ 85382 Exceptional investment opportunity in the heart of Peoria’s Arrowhead business corridor. This fully leased ±5,260 SF professional office building is occupied by established financial service tenants, offering stable, low-impact use and a solid 5.94% cap rate. The interior layout that was fully renovated in 2021 includes multiple private office suites, reception areas, conference rooms, restrooms, and a ±1,250 SF rear bay area (flex office space) with roll-up door access. A fenced yard provides additional functional outdoor space — perfect for storage or supplemental use not typically available in standard office properties. Unique Value-Add Feature: The current owner is willing to stay on post-sale to provide receptionist services, oversee maintenance, manage tenant relations, and handle day-to-day operations — in exchange for an agreed-upon rental arrangement. This offers a truly hands-off, turnkey investment for the right buyer. Small annual increases are expected for 3 tenants this year and raise Cap Rate to 6.3%. Investment Highlights: ±5,260 SF total building area 100% leased to low-traffic professional businesses Stable 5.94% cap rate ±1,250 SF rear bay with roll-up access Fenced yard area included Ample surface parking Located just off Loop 101 in high-growth Peoria Owner open to staying on to rent to help manage and maintain the property including receptionist in exchange for rent. Majority of renters have been leasing going on 4 years and all live in the NW Valley. Rare opportunity to acquire a high-performing, low-maintenance office asset with built-in management and long-term income in a prime Peoria location.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$178 USD /SF

CAP RATE

5.94%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bldg A

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

R&D

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

56

LAND DETAILS

LAND ACRES

1.51

LAND SF

65,776

ZONING

PAD

APN/PARCEL ID

200-19-263

ASK ABOUT THIS PROPERTY

Jacob MizysakJJ Peoria Investments LLCMore Info
602-703-4601

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Jacob MizysakJJ Peoria Investments LLCMore Info
602-703-4601

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